Question: Save RIVI UPLA LOL . I I . bujur puy LD Lure Kiona Co set up a petty cash fund for payments of small amounts.

 Save RIVI UPLA LOL . I I . bujur puy LD

Save RIVI UPLA LOL . I I . bujur puy LD Lure Kiona Co set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May the last month of the company's fiscal year) May 1 Prepared a company check for $350 to establish the petty cash fund. 15 Prepared a company check to replenish the fund for the following expenditures made since May 1 G. Paid $109.20 for Janitorial expenses b. Paid $89.15 for Biscellaneous expenses. Paid postage expenses of $60.90. Paid $30.01 to Facebook for advertising expense. Counted $26.84 remaining in the petty cashbox 16 Prepared a company check for $200 to increase the fund to $550. 31 The petty cashier reports that $385.27 cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures sade since May 15. 1. Paid postage expenses of $59.10. Reimbursed the office manager for le expense, $47.05. h. Pald sas.58 in delivery expense for products to customer, teras fon destination. 31 The company decides that the May 16 increase in the fund was too large. It reduces the fund by sso. leaving a total of $500 Required: Prepare journal entries to the fund on May 1, to replenish it on May 15 and on May 31 and to reflect any increase or decrease in the balance on May 16 and May 31 Round your answers to 2 decimal places.)

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