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Larkspur Company established a petty cash fund on May 1 for $100. The company reimbursed...

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Larkspur Company established a petty cash fund on May 1 for $100. The company reimbursed the fund on June 1 and July 1 with the following results June 1: Cash in fund $3.45 July 1: Cash in fund $3.85 Receipts delivery expense $29.85, postage expense $37.75, and miscellaneous expense $25.95 Receipts: delivery expense $22.65, entertainment expense $49.95, and miscellaneous expense $23.55. On July 10, Larkspur increased the fund from $100 to $130, Prepare journal entries for Larkspur Company for May 1, June 1. July 1, and July 10. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to 2 decimal places, e... 52.75.) Date Account Tities and Explanation Debit Credit June 1 July

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