Louise's Dance Studio created a $200 imprest petty cash fund. During the month, the fund custodian authorized and signed petty cash tickets are follows.
| petty cash ticket no. |
item |
account deleted |
amount |
| 1 |
delivery of programs for customers |
delivery expense |
$15 |
| 2 |
Mail package |
postage expense |
10 |
| 3 |
Newsletter |
suppliers expense |
30 |
| 4 |
key to closet |
miscellaneous expense |
45 |
| 5 |
computer jumpdrive |
supplies expense |
75 |
Requirement
1. Make the genral journal entries to a. create the petty cash fund and b. record its replenishment. cash in the fund totals $15, so $10 is missing. include explanations.