Instructions Prepare the journal entries required to establish the petty cash fund on October 1 and the replenishment of the fund on October 31. 5. On November 1, 2009, Jones Company established a $400 petty cash fund. At the end of November, the petty cash fund contained the following petty cash tickets Postage 373.50 87.55 Office supplies Miscellaneous items 90 95 a Prepare the journal entry to establish the petty cash fund on November 1. Prepare the journal entry to replenish the fund on November 30 b C Prepare the journal entry to increase the fund to $600 on December 1 PETTY CASH 1. An imprest petty cash fund of $400 was established for minor disbursements. At the end of the month, the fund included petty cash tickets for the purchase of $185 in supplies, 541 for postage, 586 for fuel and a delivery charge of $65 and cash of $23 (et in PC) How much cash is required to replenish the fund? A) $ 23 B) $226 C) $312 D) $377 2 Animest petty cash fund of 5400 was established for minor disbursements. At the end of the month the fund included petty cash Sickets for the purchase of $185 in supplies, 541 for postage 556 for fuel and a delivery charge of $65. How much cash is lett in the fund if there is no shortage or overage? A) $ 23 B) 5 88 C) $174 D) $377 3. An imprat petty cash fund of $400 was established for minor disbursements. At the end of the month the fund included petty cash Sickets for the purchase of $185 in supplies, 541 for postage, 536 for fuel and a delivery charge of $65. If there is $13 left in the fund how much cash is required to replenish the fund? A) $377 B) $236 C) $387 D) $367 4 On October 1, 2016, Elis Company establishes an imotal petty cash fund by issuing a check for $150 to Pat Harmon, the custodian of the petty cash fund. On October 31, 2016 Pat Harmon submitted the following paid petty cash receipts for replenishment of the petty cash fund when there is $12 cash in the fund Freight in $25 Supplies Expense Entertainment of Clients 55 Postage Expense 24 Total recept 136