The ledger accounts given below, with an identification number for each, are used by Patton Company.

The ledger accounts given below, with an identification number for each, are used by Patton Company.

Instructions: Prepare appropriate entries for the month of July for each of the listed petty cash fund transactions by placing the appropriate identification number(s) in the debit and credit columns provided. Write "N/A" if no entry is appropriate.

1. Petty Cash                          6. Supplies

2. Accounts Receivable            7. Cash Over and Short

3. Cash                                   8. Miscellaneous Expense

4. Inventory                              9. Postage Expense

5. Supplies Expense               10. Freight-out

                                                                         Account(s)                   Account(s)

Entry Information                                                 Debited                        Credited

July 1  Issued a check for $550 to establish a petty

cash fund.

July 3  Disbursed $35 for donuts and coffee for a

breakfast meeting.

July 5  Paid DSL Freight for the shipping cost on

goods purchased for resale $50.

(July 6 - 17 various other disbursements took place.)

July 18  Replenished the petty cash fund by writing

a check for $400. On this date the fund

consisted of $40 in cash plus the following

petty cash receipts: Freight on inventory

purchased $92, supplies $160, and

miscellaneous expense $119.

July 21  A check was written for $100 to increase

the stipulated amount of the fund.