Expenditure receipts (vouchers):Supplies $28.10Telephone internet and fax 16.40 Postage 75.00Freight-out 6.80Journalize the entries to establish the petty cash fund and then replenish it. You should prepare 2 journal entries

During October, Guiding Light Company experiences the following transactions in establishing a petty cash fund. Oct. A petty cash fund is established with a check for $150 issued to 1 the petty cash custodian. A count of the petty cash fund disclosed the following 31 items: Currency $19.00 Coins 0.40