Question: Please when doing the problems label the requirements. Learning Objective 4 ES-17 Accounting for petty cash 2. Cash Short & Over $5 Dance Studio created

 Please when doing the problems label the requirements. Learning Objective 4

Please when doing the problems label the requirements.

Learning Objective 4 ES-17 Accounting for petty cash 2. Cash Short & Over $5 Dance Studio created a $220 imprest petty cash fund. During the month fund custodian authorized and signed petty cash tickets as follows Petty Cash Ticket No. Amount S 20 10 25 40 70 Item Account Debited Delivery Expense Postage Expense Printing Expense Miscellaneous Expense Office Supplies Delivery of programs to customers 2 Mail package 3 Newsletter Key to closet Copier paper 4 Requirements 1. Make the general journal entry to create the petty cash fund. Include an explanation. 2. Make the general journal entry to record the petty cash fund replenishment. Cash in the fund totals $40. Include an explanation. 3. Assume that Jackie's Dance Studio decides to decrease the petty cash fund to $120 Dance Studio decides to decrease the petty cash Make the general journal entry to record this decrease

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