Required information

Exercise $6-14$A $($Algo$)$ Effect of petty cash events on the financial statements LO $6-4$

$[$The following information applies to the questions displayed below.$]$

Fresh Foods established a petty cash fund of $$250$ on January $2.$ On January $31,$ the fund contained cash of $$79\mathrm{.}45$ and

vouchers for the following cash payments.

The three distinct accounting events affecting the petty cash fund for the period were $(1)$ establishment of the fund, $(2)$

reimbursements made to employees, and $(3)$ recognition of expenses and replenishment of the fund. Assume the

company uses the efficient one$-$entry approach to petty cash expense recognition and replenishment.

Exercise $6-14$A $($Algo$)$ Part b

b$.$ Record the events in general journal format.

Note: If no entry is required for a transaction or event, select $"$No journal entry required" in the first account field.