Biscay Bay Boats established a petty cash fund for minor day-to-day expenses. Following are activities related to this fund. Prepare the necessary journal entries for petty cash.

(1) Established a \($500\) petty cash fund by writing a check to "cash," cashing the check, and placing the proceeds in a petty cash box entrusted to Herman Jones as custodian.

(2) At the end of the month, the petty cash fund contained remaining cash of \($127\), and receipts for 65 postage, 123 office supplies, and 180 gasoline for company vehicles. Herman is not sure why the fund is short 5. A check payable to cash in the amount of \($373\) was prepared, and the funds were placed into the box.

(3) At the end of the next month, the petty cash fund contained remaining cash of 35, and receipts for 265 postage, 160 office supplies, and 40 gasoline for company vehicles. A check payable to cash in the amount of 715 was prepared, and the funds were placed into the box. This amount reimburses the fund and increases its balance to 750.