1. The petty cash fund of the Brooks Agency is established at $150. At the end of the current period, the fund contained $28 and had the following receipts: entertainment, $70; postage, $30; and printing. $22. Prepare journal entries to record (a) establishment of the fund and (b) reimbursement of the fund Qs Petty P2 at the end of the current period. 2. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry. c. Fund is being eliminated. b. Fund amount is being increased. d. Fund is being established. a. Fund amount is being reduced