Conway Designs established a $240 petty cash fund on October 1, 2023. Prepare...
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Accounting
Conway Designs established a $240 petty cash fund on October 1, 2023. Prepare the entry to replenish the fund at the end of each of the following months of activity: a. The petty cash box contained $27 on October 31 along with receipts for $116 for cleaning, $30 for postage, and $53 for delivery expense. b. On November 30 , the petty cash box contained only two receipts, for a $90 computer repair and a $111 entertainment expense. The petty cash custodian counted cash remaining of $45. c. The petty cash box contained $22 on December 31 plus receipts for $49 for gas expense, $116 for office supplies, and $53 for entertainment expense. In addition to replenishing the fund, it was increased by $55
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