Question

A) Winningham Company maintains a petty cash fund for smallexpenditures. The following transactions occurred over a 2-monthperiod.

July 1 Established petty cash fund by writing a check on Cubs Bankfor $200.
15 Replenished the petty cash fund by writing a check for $196.00.On this date the fund consisted of $4.00 in cash and the followingpetty cash receipts: freight-out $94.00, postage expense $42.40,entertainment expense $46.60, and miscellaneous expense$11.20.
31 Replenished the petty cash fund by writing a check for $192.00.At this date, the fund consisted of $8.00 in cash and the followingpetty cash receipts: freight-out $82.10, charitable contributionsexpense $45.00, postage expense $25.50, and miscellaneous expense$39.40.

Aug. 15 Replenished the petty cash fund by writing a check for$187.00. On this date, the fund consisted of $13.00 in cash and thefollowing petty cash receipts: freight-out $75.60, entertainmentexpense $43.00, postage expense $33.00, and miscellaneous expense$37.00.
16 Increased the amount of the petty cash fund to $300 by writing acheck for $100.
31 Replenished petty cash fund by writing a check for $284.00. Onthis date, the fund consisted of $16 in cash and the followingpetty cash receipts: postage expense $140.00, travel expense$95.60, and freight-out $47.10.







B) Post to the Petty Cash account. (If answer is zero, please enter0. Do not leave any fields blank.)
Cash

No. 101

Date Explanation Ref. Debit Credit Balance
July 1 CP
Aug. 16 CP