Oriole Company uses an imprest petty cash system. The fund was established on March 1...
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Oriole Company uses an imprest petty cash system. The fund was established on March 1 with a balance of $ 120. During March, the following petty cash receipts were found in the petty cash box. Date Receipt No. For Amount 3/5 1 Stamps $ 35 7 2 Freight-Out 14 9 3 Miscellaneous Expense 11 11 4 Travel Expense 44 14 5 Miscellaneous Expense 8 The fund was replenished on March 15 when the fund contained $ 6 in cash. On March 20, the fund was increased to $ 180. Journalize the entries in March that pertain to the operation of the petty cash fund. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.)
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