Exercises/Problems: 1. On February 1st Mega Sales decides to establish a $200.00 Petty Cash account to relieve the burden on Accounting. 1) Journalize this event. 2) On February 25th the petty cash fund has receipts for mail and postage of $85.00, contributions and donations of $45.00, and meals and entertainment of $35.00. Journalize the replenishment of the fund