Pina Colada Corp. maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug.
1 Established the petty cash fund by writing a check payable to the petty cash custodian for $225.00.
15 Replenished the petty cash fund by writing a check. On this date, the fund consisted of $4.20 in cash and these petty cash receipts: freight-out $73.40, entertainment expense $35.60, postage expense $33.20, and miscellaneous expense $77.10.
16 Increased the amount of the petty cash fund to $430.00 by writing a check for $205.00.
31 Replenished the petty cash fund by writing a check. On this date, the fund consisted of $118 in cash and these petty cash receipts: postage expense $139.00, entertainment expense $92.00, and freight-out $80.00.

A. economic resources to be used or turned into cash within one year. b. reports assets, liabilities, and stockholders' equity. c. decrease assets; increase liabilities and stockholders' equity. d. increase assets; decrease liabilities and stockholders' equity. e. an exchange or event that has a direct and measurable financial effect. f. accounts for a business separate from its owners. g. the principle that assets should be recorded at their original cost to the company. h. a standardized format used to accumulate data about each item reported on financial statements. i. the basic accounting equation. j. the two equalities in accounting that aid in providing accuracy. k. the account credited when money is borrowed from a bank using a promissory note. l. cumulative earnings of a company that have not yet been distributed to the owners. m. every transaction has at least two effects. n. amounts presently owed by the business. transaction, separate entity assumption, balance sheet, liabilities, assets, current assets, notes payable, duality of effects, retained earnings, debit.