Journal entry worksheet Record the reimbursement of the petty cash fund. Note: Enter debits before credits. Record the reimbursement of the petty cash fund. Note: Enter debits before credits. Palmona Company establishes a $230 petty cash fund on January 1 On January 8 , the fund shows $125 in cash along with receipts for he following expenditures: postage, $4.43; transportation-in, $14, delivery expenses, $16, and miscellaneous expenses, $32. Paimona ises the perpetual system in accounting for merchandise inventory. 1. Prepare the entry to establish the fund on January 1 2. Prepare the entry to reimburse the fund on January 8 under two separate situations: a. To reimburse the fund. b. To reimburse the fund and increase it to $280. Hint Make two entries. Journal entry worksheet Record the journal entry to establish the petty cash fund. hoter trier debits tiefors eredts. Record the increase of the petty cash fund. Note: Enter debits before credits. Journal entry worksheet Record the reimbursement of the petty cash fund. Note: Enter debits before credits. Record the reimbursement of the petty cash fund. Note: Enter debits before credits. Palmona Company establishes a $230 petty cash fund on January 1 On January 8 , the fund shows $125 in cash along with receipts for he following expenditures: postage, $4.43; transportation-in, $14, delivery expenses, $16, and miscellaneous expenses, $32. Paimona ises the perpetual system in accounting for merchandise inventory. 1. Prepare the entry to establish the fund on January 1 2. Prepare the entry to reimburse the fund on January 8 under two separate situations: a. To reimburse the fund. b. To reimburse the fund and increase it to $280. Hint Make two entries. Journal entry worksheet Record the journal entry to establish the petty cash fund. hoter trier debits tiefors eredts. Record the increase of the petty cash fund. Note: Enter debits before credits