44) On September 1, 2022, Watkins Company establishes a petty cash fund by issuing a check for $250 to Mike Martz, the custodian of the petty cash fund. On September 30, 2022, Mike Martz submitted the following paid petty cash vouchers for replenishment of the petty cash fund when there is $35 cash in the fund: Freight-In $25 Supplies Expense 75 Entertainment of Clients Postage Expense 80 37 Instructions Prepare the journal entries required to establish the petty cash fund on September 1 and the replenishment of the fund on September 30