1. Ernest Company petty cash fund was established on March 1 with a balance of $200.During March the following petty cash receipts were found in the petty cash box. Receipt No. For Amount 1 Postage $38 2 Delivery Expense 70 3 Miscellaneous Expense 77 when the fund was replenished, the physical count of cash was $21. On April 1st, the fund was decreased to $150.00. Instructions: Prepare the journal entries in March for Establishing the petty cash fund on March 1 replenishing the fund on March 31, and . decreasing the fund on April 1, assuming the original balance of $200 U T x x = =