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Exercise 8-07 Waterway Company established a petty cash fund on May 1, cashing a check...

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Exercise 8-07 Waterway Company established a petty cash fund on May 1, cashing a check for $105. The company reimbursed the fund on June 1 and July 1 with the following results. June 11 Cash in fund $3.00. Receipts delivery expense $28.00. postage expense $37.80, and miscellaneous expense $33.45. July 11 Cash in fund $4.70. Receipts delivery expense $21.45, entertainment expense $50.25, and miscellaneous expense $28.60. On July 10, Waterway increased the fund from $105 to $135.00 Prepare joumal entries for Waterway Company for May 1. June 1, July 1, and July 10. (Credit account titles are automatically indented when amount is entered. Do journal entries in the order presented in the problem.) Date Account Titles and Explanation May 1 Y Petty Cash Delivery Expense Postage Expense Miscellaneous expense Cash Over and Short Cash (105-3.00) July 1 July 20 Click if you would like to show Work for this question: She Wars SHOW LIST OF ACCOUNTS

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