Service World maintains a petty cash fund. The fund custodian encountered the following events.
a. The fund was established when a check for $395 was cashed and deposited into a locked cash box.
b. An employee submitted a receipt for a customer delivery costing $39 and was reimbursed in full from petty cash.
c. Another employee submitted a receipt for $79 for locksmith repairs to the office door and was reimbursed in full from petty cash.
d. An employee submitted a receipt for newspaper advertising that cost the company $69. She was given $69 from the petty cash box.
e. The petty cash custodian received and cashed a check that fully replenished the petty cash fund.
f. An employee submitted a receipt for $54 for supplies and was reimbursed in full from petty cash.
g. An employee submitted a receipt for $84 for filling up his personal vehicle. He was not reimbursed because it would violate company policy.
h. At the end of the month, a check was given to the petty cash custodian to not only replenish the petty cash fund but also increase the total fund to $545.