Ly Test 1 ~ Lyryx Learning Inc - Google Chrome - X lifa1.lyryx.com/quiz-servlets/QuizServlet?ccid=11218 Ludwig Inc. completed the following petty cash transactions during January and February in 2014: January 1 : Drew a $300.00 cheque, cashed it, and gave the proceeds and the petty cash box to Dallas Glynn, the petty cashier. January 10 : Purchased office supplies for $38.80, to be used this month. January 11 : Purchased paper for the office copier, $47.85, to be used this month. January 20 : Purchased ink for the office photocopier, $20.65, to be used this month. January 25 : Paid $25.95 for an advertisement in the newspaper. January 26 : Paid $48.80 to mail a contract to a client. January 27 : Paid $43.70 for janitorial services. January 31 : Dallas Glynn sorted the petty cash receipts by accounts affected and exchanged them for a cheque to reimburse the fund for expenditures. However, there was only $71.00 in cash in the fund. February 4 : Purchased paper for the office copier, $49.60, to be used this month. February 5 : Purchased ink for the office photocopier, $26.50, to be used this month. February 6 : Paid $35.15 for an advertisement in the newspaper. February 8 : Paid $22.75 for refreshments for meetings. February 28 : Dallas Glynn sorted the petty cash receipts by accounts affected and exchanged them for a cheque to reimburse the fund for expenditures. However, there was $170.00 in cash in the fund. Prepare three journal entries: one to establish the petty cash fund, the second to record the reimbursement of the fund at the end of the first month, and the last to record the reimbursement of the fund at the end of the second month. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (ie. January 15 would be 15/Jan) General Journal Page GJ6 Date Account/Explanation F Debit Credit + - + - + - Type here to search 15 C A O ] (1 ENG 8:54 AM 2021-10-04