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H=https%253A%252F%252Flms.mhed 6 Swed kashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to count for

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H=https%253A%252F%252Flms.mhed 6 Swed kashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to count for merchandise inventory. ebruary 2 wrote a $350 check to establish a petty cash fund. Ebruary 5 Purchased paper for the copier for $16.15 that is immediately used. bruary Paid $42.58 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory. bruary 12 Paid $7.15 postage to deliver a contract to a client. bruary 14 Reimbursed Adina Sharon, the manager, S7e for mileage on her car aruary 20, Purchased office paper for $66.77 that is immediately used bruary 23 Paid a courier $10 to deliver merchandise sold to a customer terms FOB destination. bruary 25 paid $18.Ja shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory bruary 7 Sao 551 for postage expenses. bruary 23 he found had $21.50 remaining in the petty cashbox. Sorted the petty cash receipts by accounts affected and exchanged then a check to burst the funds for expenditures ebruary 28the petty cash fund amount is increased by $110 to a total of $4602 equired: Prepare the journal entry to establish the petty cash fund Prepare a petty cash payments report for February with these categories delivery expense mileage expense, postage expense, erchandiselinventory for transportation in and office supplies expense Prepare the oumal entries for required 2 to both orelmburse and to increase the fund amount complete this question by entering your answers in the tabs below. Resume Red Bec Required 1 Required 2 Hequired 3 Prepare the journal entry to establish the petty cash fund. View transaction list Journal entry worksheet 1 Wrote a $350 check to establish a petty cash fund. Noter Enter debits before credits Date General Journal Dobit Credit February 02 Recorded Chaty View general Journal Prox 1 of 3 here to search O Required 1 Required 2 Required 3 Prepare a petty cash payments report for February with these categories: delivery expense, mileage expens expense, merchandise inventory (for transportation-in), and office supplies expense. (Round your answers places.) NAKAMALGALLERY Patty cash Payments Report tot bruary Delivery expense Mileage expense Postage expense Merchandise inventory (transportation-in) Office supplies expense Total Prey of 31.1 ere to search o sment Hequired 1 Required 2 Required. I Prepare the journal entries for required 2 to both (a) reimburse and h) increase the fund amount. (Round your places.) View transaction list Journal entry worksheet 1 2 Record the reimbursement of the petty cash fund. Noter Enter debits before credits Date General Journal Debit Credit February 28 Pres 1 of 3 111 Ne ere to search

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