E8-8 Lincolnville Company uses an imprest petty cash system. The fund was established on

Price: $2.99

E8-8 Lincolnville Company uses an imprest petty cash system. The fund was established on

March 1 with a balance of $100. During March the following petty cash receipts were found in the

petty cash box.

Receipt

Date No. For Amount

3/5 1 Postage Expense $39

7 2 Freight-out 21

9 3 Miscellaneous Expense 6

11 4 Travel Expense 24

14 5 Miscellaneous Expense 5

The fund was replenished on March 15 when the fund contained $3 in cash. On March 20, the

amount in the fund was increased to $150.

Instructions

Journalize the entries in March that pertain to the operation of the petty cash fund.