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

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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