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1 its Nakashima Gallery hod the following petty cash transactions in February of the current yeat Nakashimo uses the perpetual system to account for merchandise

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1 its Nakashima Gallery hod the following petty cash transactions in February of the current yeat Nakashimo uses the perpetual system to account for merchandise Inventory Tab. 2 Wrote a $340 check to establish a petty cash fund. 5 Purchased paper for the copier for $15.15 that is mediately wed 9 Pad 444.50 shipping charge transportation in on marchandise purchased for reale, armaron shipping point. These costs are added to serchandisewentory 12 paid 57.35 postage to deliver a contract to ellent 14 Retinburned Aion Sharon, the manager, 570 for mileage on her car 20 Purebased office paper for 166.27 that is inediately wed 23 Paid a courier 924 to deliver Berchandise sold to customer, terro destination 25 Paid $11.10 shipping charges transportation-in) on merchandise purchased for resale, terra roo shipping point. These coats are added to merchandise inventory. 21. Pala $50 for poetage expenses 21 The fund had $22.11 remaining in the petty cashbox. Sorted the petty cash receipte by Accounts affected and exchanged then for a check to tourse the food for expenditures 20. The petty cash and cont in Snees by 500 to a total of $400. Required: 1. Prepare the journal entry to establish the petty cash fund, 2. Prepare a petty cash payments report for February with these categories: delivery expense, mileage expense, postage expense, merchandise inventory (for transportation in and office supplies expense. 3. Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Prepare the Journal entry to establish the petty cash fund, View transaction Journal entry worksheet Wrote a $40 check to establish a petty cash rund bere before 1 Required: 1. Prepare the journal entry to establish the petty cash fund. 2. Prepare a petty cash payments report for February with these categories: delivery expenso, mileage expense, postage expense, merchandise Inventory (for transportation-in), and office supplies expense. 3. Prepare the journal entries for required 2 to both (a) reimburse and (c) increase the fund amount 10 points Sono Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a petty cash payments report for February with these categories: delivery expense, millesge expenst, postage expense, merchandise inventory (for transportation-in), and office supplies expense. (Round your answers to 2 decimal places) NAKASHIMA GALLERY Petty Cath Payment Report (for February Delivery expense Mileage expense Postage expense 0.00 Merchandise inventory (transportation in 0.00 Office suis expense 0.00 Required . 1 1 Required: 1. Prepare the journal entry to establish the petty cash fund. 2. Prepare a petty cash payments report for February with these categories: delivery expense, mileage expense, postage expense. merchandise inventory for transportation-In), and office supplies expense. 3. Prepare the journal entries for required 2 to both (s) reimburse and (b) increase the fund amount 30 pot Swood Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount. (Round your answers to 2 decimal places.) View transaction Hot Journal entry worksheet + 2 > Record the reimbursement of the petty cash fund. our below Colournal De Fab 28 Dell Crede Record entry Cherry View general

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