Alpha Company established a petty cash fund on July 1, 2017 by writing

a cheque in the amount of $500 and placing the proceeds into a strong box. The custodian, Mr. Faithfully Honest, accepted the responsibility for the petty cash fund on that date. THe following petty cash events occurred based on the recipts that Mr. Honest had in his strong box:

7/2 Postage for immediate use $15
7/10 Office Supplies for immediate use $50
7/11 Gasoline for company car $50
7/19 FedEx shipping to customer, FOB Destination $25
7/29 Office Machine Repair $75

The amount of petty cash in the strong box on July 31st prior to reconciliation was $310. On July 31st, the petty cash was reconciled and replenished by issuing a cheque to Mr. HOnest.

The following petty cash events occurred based on the receipts that Mr. HOnest had in his strong box:

8/5 Postage for immediate use $25
8/12 Office Supplies for immediate use $35
8/12 Gasoline for company car $50
8/25 Office Machine Repair $55
8/26 New office Adding Machine $175

THe amount of petty cash in the strong box on August 31st prior to reconciliation was $150. On August 31st, the petty cash was reconciled and replenished by issuing a cheque to Mr. Honest to include an amount that would increase the authorized balance of the petty cash fund to a total of $600. Use this information to prepare, the general journal entries (compound entry when required & without explanations) for:

a. July 1- establisment of the Petty Cash fund
b. July 31- replishment
c. August 31- Replenishment & increase funding for petty cash