2.On April 2, Granger Sales decides to establish a $125 petty cash fund to relieve...
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Accounting
2.On April 2, Granger Sales decides to establish a $125 petty cash fund to relieve the burden on Accounting. ? (a) Journalize the establishment of the fund. (b) On April 10, the petty cash fund has receipts for mail and postage of $43.50, contributions and donations of? $29.50, meals and entertainment of $38.25, and $13.55 in cash. Journalize the replenishment of the fund. (c) On April 11, Granger Sales decides to increase petty cash to $200. Journalize this event.
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