L04. How can a petty cash fund be used for internal control purposes a) Record the journal entry to create a petty cash fund of $150. Date Accounts and Explanation |Debit Credit b) Record the journal entry to replenish the petty cash fund for $60 to keep the $150 balance. Assume Petty cash was used for the following this period: Office Supplies $25; Delivery Expense $30. Date Accounts and Explanation Debit Credit