Strods Company set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May.

May

$1$

$$Prepared a company check for $

$4$

$5$

$0$

$$to establish the petty cash fund.

May

$1$

$5$

$$Prepared a company check to replenish the fund for the following expenditures made since May

$1$

$.$

May

$1$

$5$

$$a

$.$

$$Paid $

$1$

$4$

$8$

$$for janitorial services.

May

$1$

$5$

$$b

$.$

$$Paid $

$1$

$1$

$1$

$$for miscellaneous expenses.

May

$1$

$5$

$$c

$.$

$$Paid postage expenses of $

$7$

$4$

$.$

May

$1$

$5$

$$d

$.$

$$Paid $

$3$

$7$

$$to Facebook for advertising expense.

May

$1$

$5$

$$e

$.$

$$Counted $

$8$

$8$

$$remaining in the petty cash box.

May

$1$

$6$

$$Prepared a company check for $

$1$

$5$

$0$

$$to increase the fund to $

$6$

$0$

$0$

$.$

May

$3$

$1$

$$The petty cashier reports that $

$2$

$4$

$0$

$$cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures made since May

$1$

$5$

$.$

May

$3$

$1$

$$f

$.$

$$Paid postage expenses of $

$2$

$1$

$0$

$.$

May

$3$

$1$

$$g

$.$

$$Reimbursed the office manager for business mileage, $

$1$

$0$

$5$

$.$

May

$3$

$1$

$$h

$.$

$$Paid $

$3$

$5$

$$to deliver merchandise to a customer, terms FOB destination.

May

$3$

$1$

$$The company decides that the May

$1$

$6$

$$increase in the fund was too large. It reduces the fund by $

$1$

$2$

$0$

$,$

$$leaving a total of $

$4$

$8$

$0$

$.$

JoUVRNAL ENTRY WORKSEET

MAY

$1$

$5$

Prepared a company check to replenish the fund for the following expenditures made since May

$1$

: $

$1$

$4$

$8$

$$for janitorial services; $

$1$

$1$

$1$

$$for miscellaneous expenses; postage expenses of $

$7$

$4$

; and $

$3$

$7$

$$to Facebook for advertising expense. Counted $

$8$

$8$

$$remaining in the petty cash box.

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