Coronado Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August.
Aug. Established the petty cash fund by writing a check payable to the petty cash custodian for $
Replenished the petty cash fund by writing a check for $ On this date, the fund consisted of $ in cash and
these petty cash receipts: freightout $ entertainment expense $ postage expense $ and miscellaneous
expense $
Increased the amount of the petty cash fund to $ by writing a check for $
Replenished the petty cash fund by writing a check for $ On this date, the fund consisted of $ in cash and
these petty cash receipts: postage expense $ entertainment expense $ and freightout $
a
b
Your answer is partially correct.
Post to the Petty Cash account.
