lasalle company established a petty cash fund on may 1, cashing a check for $100. the company reimbursed the fund on june 1 and july 1 with the following results.

Project Description:

lasalle company established a petty cash fund on may 1, cashing a check for $100. the company reimbursed the fund on june 1 and july 1 with the following results.

june 1: cash in fund $1.75. receipts: delivery expense $31.25; postage expense $41; and miscellaneous expense $25.
july 1: cash in fund $3.25. receipts: delivery expense $21; entertainment expense $51; and miscellaneous expense $24.75.

on july 10, lasalle increased the fund from $100 to $150.00.

prepare journal entries for lasalle company. (credit account titles are automatically indented when amount is entered. do not indent manually.)

date

account titles and explanation

debit

credit
may 1






june 1















july 1












july 10
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