Feb. 2 Wrote a $350 check, cashed it, and gave the proceeds and the petty cashbox to Chloe Addison, the petty cashier.

5 Purchased paper for the copier for $15.15 that is immediately used.

9 Paid $34.50 COD shipping charges on merchandise purchased for resale, terms FOB shipping point. Nakashima uses the perpetual system to account for merchandise inventory.

12 Paid $7.55 postage to deliver a contract to a client.

14 Reimbursed Adina Sharon, the manager, $72 for mileage on her car.

20 Purchased stationery for $69.77 that is immediately used.

23 Paid a courier $24 to deliver merchandise sold to a customer, terms FOB destination.

25 Paid $10.20 COD shipping charges on merchandise purchased for resale, terms FOB shipping point.

27 Paid $58 for postage expenses.

28 The fund had $25.44 remaining in the petty cashbox. Sorted the petty cash receipts by accounts affected and exchanged them for a check to reimburse the fund for expenditures.

28 The petty cash fund amount is increased by $130 to a total of $480.

Required:

2. Prepare a petty cash payments report for February with these categories: delivery expense, mileage expense, postage expense, merchandise inventory (for transportation-in), and office supplies expense. Sort the payments into the appropriate categories and total the expenditures in each category.

3. Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount.

- record the reimbursement of the petty cash fund.

- record the increase of the petty cash fund.

Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a petty cash payments report for February with these categories: delivery expense, mileage expense, postage expense, merchandise inventory (for transportation-in), and office supplies expense. Sort the payments into the appropriate categories and total the expenditures in each category. (Round your answers to 2 decimal places.) NAKASHIMA GALLERY Petty Cash Payments Report (for February) Delivery expense Mileage expense Postage expense Merchandise inventory (transportation-in) 0.00 Office supplies expense 0.00 Total ( Required 1 Required 3 >