Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory Feb. 2 Wrote a $350 check to establish petty cash fund. 5 Purchased paper for the copier for $15.55 that is imediately wed. 9 Paid $34.50 shipping charges (transportation-in) on marchandise purchased for renale, terus TOB shipping point. These costs are added to merchandise inventory. 12 Paid $7.65 postage to deliver a contract to a client. 14 Reimbursed Adina Sharon, the manager, 569 for mileage on her car. 20 Durchased office paper for $66.77 that is immediately used 23 Paid a courier $23 to deliver merchandise sold to a customer, ters FOB destination. 25 Paid $11.50 shipping charges (transportation-in) on merchandise purchased for resale, terms TOB shipping point. These costs are added to merchandise inventory. 27 Paid 553 for postage expenses. 28 The fund had $22.25 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. 28 The petty cash fund amount is increased by $100 to a total of $450. Required: 1. Prepare the journal entry to establish the petty cash fund. 2. Prepare a petty cash payments report for February with these categories: delivery expense, mileage expense, postage expense. merchandise inventory (for transportation-in), and office supplies expense. 3. Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Required: 1. Prepare the journal entry to establish the petty cash fund. 2. Prepare a petty cash payments report for February with these categories: delivery expense, mileage expense, postage expense, merchandise inventory (for transportation.in), and office supplies expense. 3. Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount Complete this question by entering your answers in the tabs below. Required Required 2 Required Prepare the journal entry to establish the petty cash fund. View transaction list Journal entry worksheet 1 Wrote a $350 check to establish a petty cash fund Not Enter die bereits