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  3. coronado company maintains a petty cash fund for s

Coronado Company maintains a petty cash fund for small expenditures. These transactions occurred during the...

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Accounting

Coronado 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 $210.20. On this date, the fund consisted of $4.80 in cash and
these petty cash receipts: freight-out $96, entertainment expense $47.20, postage expense $43.90, and miscellaneous
expense $21.20.
16 Increased the amount of the petty cash fund to $310 by writing a check for $95.00.
31 Replenished the petty cash fund by writing a check for $294.40. On this date, the fund consisted of $15.60 in cash and
these petty cash receipts: postage expense $140.00, entertainment expense $92.70, and freight-out $59.90.
(a)
(b)
Your answer is partially correct.
Post to the Petty Cash account.
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