Journalize the entries to record the following a Check No
Journalize the entries to record the following:
a. Check No. 33694 is issued to establish a petty cash fund of $900.
b. The amount of cash in the petty cash fund is now $70. Check No. 33749 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $525; miscellaneous selling expense, $190; miscellaneous administrative expense, $85. (Since the amount of the check to replenish the fund plus the balance in the fund do not equal $900, record the discrepancy in the cash short and over account.)

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