Exercise 8-8 (Algo) Petty cash fund with a shortage LO P2 Waupaca Company establishes a $370 petty cash fund on September 9. on September 30, the fund shows $109 in cash along with receipts for the following expenditures: transportation-in, $51: postage expenses, $55, and miscellaneous expenses. $141. The petty cashier could not account for a $14 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 $435. View transaction list Journal entry worksheet