Question: I need help figuring out the rest. I may have some labels wrong.. not sure On August 3, Sonar Sales decides to establish a $275.00
On August 3, Sonar Sales decides to establish a $275.00 Petty Cash Account to relieve the burden on Accounting. a. Journalize this event Aug. 3 Petty Cash 275 Cash 275 b. On August 11, the petty cash fund has receipts for mail and postage of $124.75, contributions and ournalize the replenishment of the fund. Round your answers to two decimal places If an amount box does not require an entry, leave it blank or enter "o donations of ss 3.25, meals and entertainment of $63.85, and $32.75 in cash Aug. 11 Mail and Postage Expense Contributions and Denations Expense Meals and Entertainment Expense Cash Short and Over Cash On August 12, Sonar Sales decides to increase petty cash to $400.00. Journalize this transaction Aug 12 Petty Cash Cash
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