Question: I need help with this question Exercise 7-22 Your answer is incorrect. Try again. McMann, Inc. decided to establish a petty cash fund to help

I need help with this question Exercise 7-22 Your answer is incorrect. Try again. McMann, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The following information is available for the month of April. 1. On April 1, it established a petty cash fund in the amount of $306. 2. A summary of the petty cash expenditures made by the petty cash custodian as of April 10 is as follows. Delivery charges paid on merchandise purchased $73 Supplies purchased and used $38 Postage expense $53 I.O.U. from employees $30 Miscellaneous expense $49 The petty cash fund was replenished on April 10. The balance in the fund was $52. 3. The petty cash fund balance was increased by $113 to $419 on April 20. Prepare the journal entries to record transactions related to petty cash for the month of April

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