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 $350 check to establish a petty cash fund. February 5 purchased paper for the copier for $15.15 that is immediately used. February 9 Paid $32.50 shipping charges (transportation-in) on merchandise purchased for resale, terms FoB shipping point. These costs are added to merchandise inventory. February 12 Paid $8.05 postage to deliver a contract to a client. February 14 Reimbursed Adina Sharon, the manager, $66 for mileage on her car. February 20 purchased office paper for $67.77 that is immediately used. February 23 Paid a courier $22 to deliver merchandise sold to a customer, terms FoB destination. February 25 Paid $10.80 shipping charges (transportation-in) on merchandise purchased for resale, terms Fon shipping point. These costs are added to merchandise inventory. February 27 Paid $56 for postage expenses. February 28 The fund had $23.48 remaining in the petty eashbox. Sorted the petty eash receipts by accounts affected and exchanged then for a check to reimburse the fund for expenditures. February 28 The petty cash fund amount is increased by $80 to a total of $430. 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. Phequired 3 ty cash payments report for February with these categories: delivery expense, mileage expense, postage expense, merchandise inventory (for transportation-in), and office supplies expense. (Round your answers to 2 decimal places.) repare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount. (Round your answers to 2 decimal blaces.) Journal entry worksheet Record the reimbursement of the petty cash fund. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount. (Round your answers to 2 decimal places.) Journal entry worksheet Noce: tmer aebits berore credits