Bramble Company maintains a petty cash fund for small expenditures. These transactions occurred during the...
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Accounting
Bramble Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $215. 15 Replenished the petty cash fund by writing a check for $212.00,0 in this date, the fund consisted of $3.00 in cash and these petty cash receipts: freight-out $96.00, entertainment expense $48.80, postage expense $43.40, and miscellaneous expense $22.60. 16 Increased the amount of the petty cash fund to $320 by writing a check for $105.00. 31 Replenished the petty cash fund by writing a check for $303.20. On this date, the fund consisted of $16.80 in cash and these petty cash receipts: postage expense $140.50, entertainment expense $95.60, and freight-out $65.80

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