Dave's Dance Studio created a $370 imprest petty cash fund. During the month, the fund custodian...

  

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Dave's Dance Studio created a $370 imprest petty cash fund. During the month, the fund custodian authorized and signed petty cash tickets as follows: Petty Cash Item Ticket No. 2 3 6 Account Debited Amount Delivery of programs to Delivery Expense $25 customers Mail package Newsletter Key to closet Copier paper Postage Expense 15 Printing Expense 35 Miscellaneous 55 Expense Supplies 80 1. Make the general journal entry to create the petty cash fund. Include an explanation. 2. Make the general journal entry to record the petty cash fund replenishment. Cash in the fund totals $147. Include an explanation. 3. 2. Cash Short & Over $13 Assume that Dave's Dance Studio decides to decrease the petty cash fund to $200. Make the general journal entry to record this decrease. Dave's Dance Studio created a $370 imprest petty cash fund. During the month, the fund custodian authorized and signed petty cash tickets as follows: Petty Cash Item Ticket No. 2 3 6 Account Debited Amount Delivery of programs to Delivery Expense $25 customers Mail package Newsletter Key to closet Copier paper Postage Expense 15 Printing Expense 35 Miscellaneous 55 Expense Supplies 80 1. Make the general journal entry to create the petty cash fund. Include an explanation. 2. Make the general journal entry to record the petty cash fund replenishment. Cash in the fund totals $147. Include an explanation. 3. 2. Cash Short & Over $13 Assume that Dave's Dance Studio decides to decrease the petty cash fund to $200. Make the general journal entry to record this decrease.

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