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Prepared a company check for $400 to establish the petty cash fund.
Prepared a company check to replenish the fund for the following expenditures made since May 1.
a. Paid $124.80 for janitorial services.
b. Paid $101.88 for miscellaneous expenses.
c. Paid postage expenses of $69.60.
d. Paid $91.44 to The County Gazette (the local newspaper) for an advertisement.
e. Counted $30.68 remaining in the petty cash box.
Prepared a company check for $200 to increase the fund to $600.
The petty cashier reports that $416.19 cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures made since May 15.
f. Paid postage expenses of $64.48.
g. Reimbursed the office manager for business mileage, $51.33.
h. Paid $53.00 to deliver merchandise to a customer, terms FOB destination.
The company decides that the May 16 increase in the fund was too large. It reduces the fund by $50, leaving a total of $550.
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