Exercise 6-8 Petty cash fund with a shortage LO P2 Waupaca Company establishes a $350 petty cash tund on September 9. on September 30, the fund shows 572 in cash along with receipts for the following expenditures, transportation in $59, postage expenses. $77 and miscellaneous expenses. $129. The petty cashier could not account for a $13 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 $410 Journal entry worksheet 2 3 > Prepare the journal entry to establish the petty cash fund. Note: Enter debits before credits. Date General Journal Debit Credit Sept 09 Record entry Clear entry View general journal Journal entry worksheet Record the reimbursement of the petty cash fund. Note: Enter debits before credits Date General Journal Debit Credit Sept 30 Record entry Clear entry View general journal Journal entry worksheet