Exercise 6-8 Petty cash fund with a shortage LO P2 Waupaca Company establishes a $420 petty cash fund on September 9. On September 30, the fund shows $166 in cash along with receipts for the following expenditures: transportation-in, $59. postage expenses, $5t; and miscellaneous expenses, $134. The petty casiver could not account for a $10 shortage in the fund. The company uses the perpetual system in accounting for merchandise Inventory Prepare (1) 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 $455 View transaction list Journal entry worksheet 1 2 Prepare the journal entry to establish the petty cash fund. Entert before credits General Journal Debit Crede Septe 20 e 32 III Next > ype here to search ER hop 7. * 2 M $ 4 % 5 6 & 7 8 9 w E R T Y U 1 2 - 1