Kiona Company set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May (the last month of the company's fiscal year).

May 1	Prepared a company check for $400 to establish the petty cash fund.
May 15	Prepared a company check to replenish the fund for the following expenditures made since May 1.
May 15	a. Paid $124.80 for janitorial expenses.
May 15	b. Paid $101.88 for miscellaneous expenses.
May 15	c. Paid postage expenses of $69.60.
May 15	d. Paid $91.44 to Facebook for advertising expense.
May 15	e. Counted $30.68 remaining in the petty cashbox.
May 16	Prepared a company check for $200 to increase the fund to $600.
May 31	The petty cashier reports that $421.19 cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures made since May 15.
May 31	f. Paid postage expenses of $64.48.
May 31	g. Reimbursed the office manager for mileage expense, $51.33.
May 31	h. Paid $53.00 in delivery expense for products to a customer, terms FOB destination.
May 31	The company decides that the May 16 increase in the fund was too large. It reduces the fund by $50, leaving a total of $550.

Required: Prepare journal entries to establish the fund on May 1, to replenish it on May 15 and on May 31, and to reflect any increase or decrease in the fund balance on May 16 and May 31. (Round your answers to 2 decimal places.)

Journal entry worksheet

Prepared a company check to replenish the fund for the expenditures made since May 15.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
May 31	Postage expenses	64.48
	Mileage expense	51.33
	Delivery expense	53.00
	Cash over and short
	Cash