Try another version of this question On October 31, Stitch 'n Style Company's petty cash fund contained coins and currency of $247, an IOU from an employee of $30 and vouchers showing expenditures for postage totaling $122, taxi fare for $57 and $140 to entertain a customer. The Petty Cash account shows a beginning balance of $596. The fund is replenished on October 31 because financial statements are to be prepared. What journal entry is required on October 31? Description Amount Total Subcategory,Date: October 31 Subcategory,Payments - Paid to/Account Single line Total amount of receipts Single lineSingle line Expected Petty Cash on Hand Single line Single line Amount Over or Short Single lineSingle line Amount Requested for Reimbursement Single line Date Description Debit Credit October 31 October 31 October 31 October 31 October 31 Description Amount Total Subcategory,Date: October 31 Petty Cash Fund Amount 596 Subcategory,Payments - Paid to/Account Account Receivable - Employee IOU 30 Postage 122 Taxi Fare 57 Entertainment 140Single line Total amount of receipts Single line349Single line Expected Petty Cash on Hand Single line247 Actual Petty Cash on Hand 247Single line Amount Over or Short Single line0Single line Amount Requested for Reimbursement Single line349 Date Description Debit Credit October 31 A/R-Employee 30 October 31 Postage Expense 122 October 31 Travel Expense 57 October 31 Entertainment Expense 140 October 31 Cash 349