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Check my w Waupaca Company establishes a $390 petty cash fund on September 9. On September 30, the fund shows $121 in cash along with

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Check my w Waupaca Company establishes a $390 petty cash fund on September 9. On September 30, the fund shows $121 in cash along with receipts for the following expenditures: transportation-in, $58, postage expenses, $66; and miscellaneous expenses, $143. The petty cashier could not account for a $2 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory Prepare () the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1entry to increase the fund to $420. View transaction list Journal entry worksheet Prepare the journal entry to establish the Petty Cesh fund Note: Enter debits before credits

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