for $100. THe Coll esults. June 1: Cash in fund $1.75. Receipts: delivery expense $31.25, postage exno $39.00, and miscellaneous expense $25.00. July 1: Cash in fund $3.25. Receipts: delivery expense $21.00, entertainment $51.00, and miscellaneous expense $24.75. On July 10, Setterstrom increased the fund from $100 to $130. Instructions Prepare journal entries for Setterstrom Company for May 1, June 1, July 1, and July 10. E8-8 Horvath Company uses an imprest petty cash system. The fund was established on March 1 with a balance of $100. During March, the following petty cash receipts were found in the petty cash box