A company establishes a $450 petty cash fund on October 1. On October 31, the fund shows $161 in cash along with receipts for the following expenditures: Entertainment expenses, $60; postage expenses, $75; and miscellaneous expenses, $140. The petty cashier could not account for a $14 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 $500. View transaction list Journal entry worksheet < 1 2 3 Prepare the journal entry to establish the petty cash fund. Note: Enter debits before credits. Date October 01 General Journal Debit Credit Vis general journal Clear entry Record entry