On April 2, Granger Sales decides to establish a $290 petty cash fund to relieve the burden on Accounting. a. Journalize the establishment of the fund. If an amount box does not require an entry, leave it b it blank. April 2 Petty Cash b. On April 10, the petty cash fund has receipts for mail and postage of $64, contributions and donations of $32, and meals and entertainment of $82. Petty cash on hand is $110. Journalize the replenishment of the fund. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank 4 April 10 e. On April 11, Granger Sales decides to increase petty cash to $400. Journalize this event. If an amount box does not require an ent, leave it blank. April 11

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Cash Book

So, before coming to the topic of cash books, I will let you briefly explain about the cash so that you all can be familiar with the word cash. Cash comes under the category of the current asset which is used as a medium of exchange for all the financial transactions in the firm. Cash is something that is universally accepted as a mode of payment. So, now comes to the topic i.e., cash book.