1. Brooks Agency set up a petty cash fund for $120. At the end of the current period, the fund contained $38 and had the following receipts: entertainment, $51; postage, $23; and printing, $8. Prepare journal entries to record (a) establishment of the fund and (b) reimbursement of the fund at the end of the current period. View transaction list Journal entry worksheet 1 Record the establishment of the petty cash fund. Note Enter debits before credits. Debit General Journal Transaction Credit QS 8-6 Petty cash accounting LO P2 1. Brooks Agency set up a petty cash fund for $120. At the end of the current period, the fund contained $38 and had the following receipts: entertainment, $51; postage, $23; and printing, $8. Prepare journal entries to record (a) establishment of the fund and (b) reimbursement of the fund at the end of the current period. View transaction list Journal entry worksheet >