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On April 2nd, Granger Sales decides to establish a $150.00 Petty Cash Account to relieve...

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Accounting

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On April 2nd, Granger Sales decides to establish a $150.00 Petty Cash Account to relieve the burden on Accounting. Journalize this event. On April 10th. the petty cash fund has receipts for office supplies of $26.90, postage of $13.45. meals and entertainment of $53.25. selling expenses of $40.62 and $15.96 in cash. Journalize the replenishment of the fund. On April 11th. Granger Sales decides to increase petty cash to S200.00. Journalize this event

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