Based on the following petty cash information, prepare a. the journal entry to establish a petty cash fund
b. the journal entry to replenish the petty cash fund.

On January 1, 2021, a check was written in the amount of $200 to establish a petty cash fund. During January, the following vouchers were written for cash removed from the petty cash drawer:

Voucher No. Account Debited Amount
1 Phone Expense $17.50
2 Automobile Expense 33.00
3 Joseph Levine, Drawing 54.00
4 Postage Expense 12.50
5 Charitable Contributions Expense 15.00
6 Miscellaneous Expense 49.00

a. Date  Description            Debit     Credit

Jan 1         Petty cash             $200

                     Cash                               $200    

                (Establishment of petty cash fund)

b. Date  Description                      Debit       Credit

Jan 31      Phone Expense            $17.50

               Automobile Expense        $33

               Joseph Levine, Drawing   $54

               Postage Expense              $12.50

               C. Contributions Expense $15

               Miscellaneous Expense    $49

                       Petty cash                                  $181

               (Replenishment of petty cash fund)

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

pls mark as brainliest

answer; ///i believe the correct answer is (c) laissez-faire;