A company establishes a $390 petty cash fund on October 1 . On October 31 , the fund shows $127 in cash along with receipts for the ollowing expenditures: Entertainment expenses, \$55; postage expenses, \$68; and miscellaneous expenses, \$135. The petty cashier could not account for a $5 shortage in the fund. The company uses the perpetual inventory system. Prepare (1) the October 1 entry to establish the fund, (2) the October 31 entry to reimburse the fund, and (3) the November 1 entry to increase the fund to $420. Journal entry worksheet Prepare the fournal entry to establish the petty cash fund. Note: Enter debits before credits. Journal entry worksheet Record the increase of the petty cash fund. Note: Enter debits before credits. Journal entry worksheet Record the reimbursement of the petty cash fund. Note: Enter debits before credits