Journalize the entries to record the following:
March 1
Established a petty cash fund of $300.March 31
The amount of cash in the petty cash fund is now $64. The fund is replenished based on the following receipts: office supplies, $137; selling expenses, $112.Record any discrepancy in the cash short and over account.
Journal 
Definitions:
Socialization
The process by which individuals learn and adopt the norms, values, and behaviors appropriate to their society or social group.
Biases
Prejudices or inclinations that affect judgment, causing partiality or favoritism in decision-making, often leading to unfair outcomes.
Prejudice
A preconceived opinion or bias against a person or group that is not based on reason or actual experience, often leading to discriminatory behavior.
Dual Process Approach
This approach in psychology posits that there are two distinct systems for processing information: one that is intuitive and automatic, and another that is deliberative and controlled.
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