3. Loucks Company established a $240 petty cash fund on October 2, 2016. The fund is replenished at the end of each month. At the end of October 2016, the fund contained $53 in cash and the following receipts:

Office supplies	$	84
Lunch with client		56
Postage		24
Miscellaneous		23

Required:

Prepare the necessary general journal entries to establish the petty cash fund on October 2 and to replenish the fund on October 31. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Record the transaction to establish the petty cash fund:

Date	General Journal	Debit	Credit
October 2,2016	?	?	?
	?	?	?
	?	?	?
	?	?	?
	?	?	?
	?	?	?

Record the transaction to replenish the petty cash fund:

Date	General Journal	Debit	Credit
October 31,2016	?	?	?
	?	?	?
	?	?	?
	?	?	?
	?	?	?
	?	?	?