Question: 13 Insert Table Chart Comment Text Shape Media Carver's Boat Repair decides to establish a petty cash fund on June 1, 20x1, with the initial
13 Insert Table Chart Comment Text Shape Media Carver's Boat Repair decides to establish a petty cash fund on June 1, 20x1, with the initial amount of the fund set at $250. On June 30, 20X1, the petty cashier has receipts for the following payments from the fund: Boat Supplies Expense Delivery Expense Postage Expense Miscellaneous Expense $32 41 38 29 Prepare the entries in general journal form needed to: (2 pts) a) establish the petty cash fund on June 1, General journal Debit Credit b) The journal entry to replenish the fund on June 30. (5 pts) Debit Credit 1
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