Chapter $7B$

Question $1of3$

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Current Attempt $in$ Progress

Carla Vista Company maintains a petty cash fund for small expenditures. These transactions occurred during the month $of$ August.

Aug. $1$ Established the petty cash fund $by$ writing a check payable $to$ the petty cash custodian for $$240\mathrm{.}00.$

$15$ Replenished the petty cash fund $by$ writing a check for $$195\mathrm{.}00.On$ this date, the fund consisted $of$ $$45\mathrm{.}00in$ cash and these petty cash receipts: freight$-$out $$54\mathrm{.}40,$ entertainment expense $$16\mathrm{.}00,$ postage expense $$13\mathrm{.}70,$ and miscellaneous expense $$107\mathrm{.}00.$

$16$ Increased the amount $of$ the petty cash fund $to$ $$440\mathrm{.}00by$ writing a check for $$200\mathrm{.}00.$

$31$ Replenished the petty cash fund $by$ writing a check for $$303\mathrm{.}00.On$ this date, the fund consisted $of$ $$137\mathrm{.}00in$ cash and these petty cash receipts: postage expense $$126\mathrm{.}00,$ entertainment expense $$129\mathrm{.}60,$ and freight$-$out $$46\mathrm{.}40.$

$(a)$

Journalize the petty cash transactions. $(Round$ answers $to2$ decimal places, $e.g.52\mathrm{.}75.$ Credit account titles are automatically indented when amount $is$ entered. $Do$ not indent manually. Record journal entries $in$ the order presented $in$ the problem. List all debit entries before credit entries.$)$

Attempts: unlimited

$(b)$

The parts $of$ this question must $be$ completed $in$ order. This part will $be$ available when you complete the part above.