help pls

Cameron Co, established a $178 petty cash fund on January 1,2023. One week later, on January 8 , the fund contained 53457 in cash and recelpts for these expendinures: postage, $4984; transportation-in, $3204; store supplies, $3891 and a withdrawal of $2264 by im Cameron, the ownet Cameron uses the perpetual method to account for merchandise inventory. a. Prepare the journal entry to establish the fund on January 1 . Journal entry worksheet Journal entry worksheet b. Prepare a summery of the peity cash payments and record the entry to relinburse the fund on dantary 8 . (Round your answers to 2 decimal places.) Journal entry worksheet Record the entry to reimburse the fund. Nate: Enter debita beforo credits. Analysis Component If the January 8 entry to reimburse the fund were not recorded and financial statements were prepared for the inonth of Jainuary. would profit be over-or understated? Overstated Uncterstated