Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory.

February 2	Wrote a $360 check to establish a petty cash fund.
February 5	Purchased paper for the copier for $16.15 that is immediately used.
February 9	Paid $36.50 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory.
February 12	Paid $7.25 postage to deliver a contract to a client.
February 14	Reimbursed Adina Sharon, the manager, $70 for mileage on her car.
February 20	Purchased office paper for $67.77 that is immediately used.
February 23	Paid a courier $23 to deliver merchandise sold to a customer, terms FOB destination.
February 25	Paid $10.40 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory.
February 27	Paid $58 for postage expenses.
February 28	The fund had $24.12 remaining in the petty cashbox. Sorted the petty cash receipts by accounts affected and exchanged them for a check to reimburse the fund for expenditures.
February 28	The petty cash fund amount is increased by $60 to a total of $420.

Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount.

• Record the reimbursement of the petty cash fund.

Note: Enter debits before credits.

A.

Date	General Journal	Debit	Credit
February 28

• Record the increase of the petty cash fund.

Note: Enter debits before credits.

B.

Date	General Journal	Debit	Credit
February 28