2. Prepare the journal entries for the following petty cash transactions of Morrison Dental Supplies Aug. 1 Established a petty cash fund with a $200 balance. The petty cash fund has $43 in cash and $154 in petty cash tickets there were issued to pay for Office Expense (875) and Repair Expense ($79). Replenished the fund Aug, 31 and recorded the expenditures. Oct. 15 Increased the balance of the petty cash fund to $250. Answer: 3. A petty cash fund was established with a $250 balance. It currently has cash of $40 and petty cash tickets as follows: Office expense $150 and Entertainment Expense $25. Which of the following would be included in the joumal entry to replenish the Petty Cash fund? A) debit to Cash Short & Over for $25 B) credit to Cash Short & Over for $15 C) credit to Cish Short & Over for $25 D) debit to Cash Short & Over for $15