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Prepare the journal entries for the transactions

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Question - Al-Yahya Enterprise has established a petty cash fund for its small expenditures. The following transactions took place during the month of February 2021:

Feb 1 Established a RM200 petty cash fund with cash withdrawn from the company's account.

Feb 20 The petty cash fund has RM15 remaining and is replenished. Expenditures during the month were RM60 for freight-in, RM35 (meals), RM20 (postage), RM65 (amenities), and RM10 (parking).

Required - Prepare the journal entries for the above transactions.

Reference no: EM133104877

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