Post all petty transactions July 1. Established a petty cash fund of $1,100.12. The cash sales for the day, according to the cash register records, totaled $8,192. The actual cash received from cashsales was $8,220.31. Petty cash on hand was $47. Replenished the petty cash fund for the following disbursements, each evidenced by a pettycash receipt:July 3. Store supplies, $580.7. Express charges on merchandise sold, $90o (Delivery Expense).9. Office supplies, $30.13. Office supplies, $3s.19. Postage stamps, $50 (Office Supplies).21. Repair to office file cabinet lock, $60 (Miscellaneous Administrative Expense).22. Postage due on special delivery letter, $28 (Miscellaneous Administrative Expense).24. Express charges on merchandise sold, $135 (Delivery Expense).30. Office supplies, $25.July 31. The cash sales for the day, according to the cash register records, totaled $10,241. The actual cash received fromcash sales was $10,232.31. Decreased the petty cash fund by $15o.

Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

July 1. Established a petty cash fund of $1,100. 12. The cash sales for the day, according to the cash register records, totaled $8,192. The actual cash received from cash sales was $8,220. 31. Petty cash on hand was $47. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: July 3. Store supplies, $580. 7. Express charges on merchandise sold, $90 (Delivery Expense). 9. Office supplies, $30. 13. Office supplies, $35. 19. Postage stamps, $50 (Office Supplies). 21. Repair to office file cabinet lock, $60 (Miscellaneous Administrative Expense). 22. Postage due on special delivery letter, $28 (Miscellaneous Administrative Expense).