I have most of this right, but don\'t understand what i\'m doing wrong :( Your a

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I have most of this right, but don't understand what i'm doing wrong :(

Your answer is partially correct. Try again During October, Sheridan Company experiences the following transactions in establishing a petty cash fund Oct. 1 A petty cash fund is established with a check for $146.00 issued to the petty cash custodian. 31 A check was written to reimburse the fund and increase the fund to $196.00. A count of the petty cash fund disclosed the following items: Currency Coins Expenditure receipts (vouchers): $59.00 2.12 Supplies Telephone, Internet, and fax Postage Freight-Out $24.68 14.98 38.28 5.38 ournalize the entries in October that pertain to the petty cash fund. (Round answers to 2 decimal places, e.g. 52.75. Credit account titles are automatically nt manually.) Date Account Titles and Explanation Debit Credit

Explanation / Answer

Date Accounts title and explanations Debit $ Credit $ 1-Oct Petty Cash 146      cash 146 31-Oct Postage expense 38.28 Supplies 24.68 Misc. expense 14.98 Freight out 5.38 Cash over and short 1.56 Petty Cash 50       Cash 134.88 (for reimburse the expanse and increase the fund by $50)

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