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Prepare the journal entries for the following petty cash transactions of Pawnee Gaming Supplies ...

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Accounting

Prepare the journal entries for the following petty cash transactions of Pawnee Gaming Supplies
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Prepare the journal entries for the following petty cash transactions of Pawnee Gaming Supplies Jul. 1 Established a petty cash fund with a $300 balance Jul 31 The petty cash fund has 529 in cash and $276 in petty cash tickets that were issued to pay for Office Supplies ($146) and Entertainment Expense ($130) Replenished the fund and recorded the expenses. Aug. 15 Increased the balance of the petty cash fund to $350. Prepare journal entries (Record debits first, then, credits Select the explanation on the last line of the journal entry table ) Joumalize the establishment of the petty cash fund Date Accounts and Explanation Debit Credit Jul 1

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