# On September 1, French company has decided to initiate a petty cash fund in the amount of $800. Prepare journal entries for the following transactions: A. On September 5, the petty cash fund needed replenishment, and the following are the receipts: Auto Expense$37, Supplies $124, Postage Expense$270, Repairs and Maintenance Expense $168, Miscellaneous Expense$149. The cash on hand at this time was $48. B. On September 14, the petty cash fund needed replenishment and the following are the receipts: Auto Expense$18, Supplies $175, Postage Expense$50, Repairs and Maintenance Expense $269, Miscellaneous Expense$59. The cash on hand at this time was $210. C. On September 23, the petty cash fund needed replenishment and the following are the receipts: Auto Expense$251, Supplies $88, Postage Expense$63, Repairs and Maintenance Expense $182, Miscellaneous Expense$203. The cash on hand at this time was $20. D. On September 29, the company determined that the petty cash fund needed to be increased to$1,000. E. On September 30, the petty cash fund needed replenishment as it was month end. The following are the receipts: Auto Expense $18, Supplies$15, Postage Expense $57, Repairs and Maintenance Expense$49, Miscellaneous Expense $29. The cash on hand at this time was$837.

FindFind

### Principles of Accounting Volume 1

19th Edition
OpenStax
Publisher: OpenStax College
ISBN: 9781947172685
FindFind

### Principles of Accounting Volume 1

19th Edition
OpenStax
Publisher: OpenStax College
ISBN: 9781947172685

#### Solutions

Chapter 8, Problem 1PA
Textbook Problem

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