setterstrom company established a petty cash fund on may 1,

Project Description:

setterstrom 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 $39.00; and miscellaneous expense $25.00.july 1: cash in fund $3.25. receipts: delivery expense $21.00; entertainment expense $51.00; and miscellaneous expense $24.75.on july 10, setterstrom increased the fund from $100 to $130.instructionsprepare journal entries for setterstrom company for may 1, june 1, july 1, and july 10.
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