Question: could i get some help im lost Exercise 8-7 Setterstrom Company established a petty cash fund on May 1, cashing a check for $100. The

 could i get some help im lost Exercise 8-7 Setterstrom Company

could i get some help im lost

Exercise 8-7 Setterstrom Company established a petty cash fund on May 1, cashing a check for $100. The company reimbursed the fund on June 1 and July 1 with the following results. June 1: Cash in fund $2.50. Receipts: delivery expense $26.25, postage expense $36.25, and miscellaneous expense $33.00 July 1: Cash in fund $3.00. Receipts: delivery expense $18.75, entertainment expense $46.25, and miscellaneous expense $32.00. On July 10, Setterstrom increased the fund from $100 to $130. Prepare journal entries for Setterstrom Company, (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e- 52.75.J Date Account Titles and Explanation Debit une 1 July 1

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