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Knowledge Check Seal Mate established a $100 petty cash fund on June 1. On...

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Accounting

Knowledge Check
Seal Mate established a $100 petty cash fund on June 1. On June 30, the fund had $17 cash and petty cash receipts for postage $25, and tolls and parking $60.(List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Prepare the entry on June 1 to establish the fund.
Date Account Titles and Explanation
Debit
Credit
Jun. 1
Prepare the entry on June 30 to replenish the fund.
List of Accounts
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