Cameron Co, established a $186 petty cash fund on January 1, 2023. One week later, on January 8 , the fund contained $36.09 in cash and receipts for these expenditures: postage, $5208; transportation-in, $33.48, store supplies, $40.67; and a withdrawal of $23.68 by Jim Cameron, the owner. Cameron uses the perpetual method to account for merchandise inventory. Prepare the journal entry to establish the fund on January 1. Journal entry worksheet Note: Enter gebits before credits. Prepare a summary of the petty cash payments and record the entry to reimburse the fund on January 8 . (Round your answers to 2 decimal places.) Journal entry worksheet Fore: Estar aebist betsre erestis: Analysis Cemponent: If the January B entry to reimburse the fund were not recorded and financiai statements were prepared for the month of Janiary; would profit be over-or understated? Overstated Understated