Horvath Company uses an imprest petty cash system. The fund was established on March 1...
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Accounting
Horvath Company uses an imprest petty cash system. The fund was established on March 1 with a balance of $100. During March, the following petty cash receipts were found in the petty cash box. Date Receipt No. For Amount 3/5 1 Stamp Inventory $35 7 2 Freight-Out 13 9 3 Miscellaneous Expense 14 11 4 Travel Expense 20 14 5 Miscellaneous Expense 9 The fund was replenished on March 15 when the fund contained $6 in cash. On March 20, the amount in the fund was increased to $210. Journalize the entries in March that pertain to the operation of the petty cash fund.
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