15 Petty cash LO3 On 1 January, Martin Co. establishes a petty cash fund in the amount of $500. On 31 January, the fund is replenished. Before replenishment, there was $128.75 remaining in the petty cash drawer and the following receipts: parking fees - $103.50, postage - $50, office supplies - $198 and miscellaneous expenses- $22. Required Prepare all journai entries necessary to record the establishment and replenishment of the fund