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Petty Cash: Present entrles to record the following transactions: (a) Established a petty cash fund...

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Accounting

Petty Cash: Present entrles to record the following transactions: (a) Established a petty cash fund of $350. Co) The petty cash fund now has a balance of $75. 80. Replenished the fund, based on the following disbursements as indicated by a summary of the petty cash receipts: office supplles expense, $89,50; miscellaneous administrative expense, $108.75; and miscellaneous selling expense, $65.60. (c) Increased the petty cash fund to $400.

please record the above transaction and please show the work. thanks

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