1 on February 1 Fixt Car Repair decided to establish a petty cash fund. The company wanted to use this money for small expenses which may arise when repairing cars. With $25,000 in its cash account, the company decided to write a check for $450 to establish a petty cash fund. Throughout the week, the business used $50 to buy new oil cans, $42 to buy antifreeze and $110 to buy mini tire pressure gauges. On February 8, the company decided to write a check to replenish the petty cash fund. Post the journal entry for setting up the petty cash fund. Post the journal entry to replenish the petty cash fund. Remember to account for the purchases for the week. Post to the general ledger. Date Account Name Debit Credit 450 25,000 Feb 1 Petty Cash Fund Feb 8 Petty Cash Fund 24,348 Date Account Name Debit Credit Petty Cash Debit Credit Cash Debit Credit Supplies Debil eld