Question: 1 Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate

1 Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate compl GL0601 Based on Problem 6-2A LO P2 Allen Co. set up a petty cash fund for payments of small amounts The following transactions involkving the pe May May 1 Prepared a company check for $358 to establish the petty cash fund. May is prepared a company check to replenish the fund for the following expenditures nade singe hey 1 a. Paid $118 for janitorial services b. Paid $88 for miscellaneous expenses c. Paid postage expenses of $59. .d. Paid $29 to The County Gazette (the local newspaper) for an advertisenent. e. Counted $64 remaining in the petty cash box May 16 Prepared a company check for $150 to increase the fund to $500. May 31 The petty cashier reports that $200 cash rerains in the fund. A company check is drawn to replenish the fund for the following expenditures made since Nay 15 . Paid postage expenses of $174, t. Reimbursed the office manager for business mileage, $87 h Paid $29 to deliver nerchandise to a custoner, terns FOB destination ay 31 The company decioes that the Hay 16 Incresse in the fund was too Lerge. It reduces the fund by $120, 1eaving a totai af $380 0 Answer is not complete GenerelTrial Balanceinco Impact on General Requirement Jourmal
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