is cunet ulhehect for the work you have completed so far. It does not indicate completion Return to question following expenditures: postage. $41; transportation-in, $11:, delivery expenses, $13: and miscellaneous expenses. $30. Palmona users the perpetual system in accounting for merchandise inventory Prepare journal entries to (1) establish the fund on January 1, (2) reimburse it on January 8, and (3) both reimburse the fund and increase it to $270 on January 8, assuming no entry in part 2. (Hint: Make two separate entries for part 3) 3 Answer is not complete. Petty cash Cash Jan 01 220 220 Merchandise inventory Delivery expense Miscellaneous expenses Postage expense Jan 08 13 30 e Cash 95 3Jan 08 Postage expense 13 Delivery expense Merchandise inventory 50 0 Jan 08 Petty cash 50 0 Cash