Exercise 6-5 Petty cash fund with a shortage LO P2 Waupaca Company establishes a $490 petty cash fund on September 9.On September 30, the fund shows $253 in cash along with recelpts for the following expenditures: transportation costs of merchandise purchased, $46; postage expenses, $65 and miscellaneous expenses, $116. The petty cashler could not account for a $10 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory Prepare (h the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $545 Journal entry worksheet Prepare the yournal entry to establish the Petty Cash fund. command option