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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

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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 3350 eheck to establish a petty cash fund: Februacy 5 Purchased poper for the copler for 514.75 that is imediately used. costs are added to nerchandise Inventory. Yebrusry 12 Pald 37,15 postage to deliver a cantract to a client. february 14 . Rejmburied Adino Shoron, the manager, 566 for imileage on her cac. February 23 Pold a courler $16 to dellver nerchondsse lold to a custoner, terns roe destination. costs are added to merchandist Investocy. robruary 27 pald $57 for postage oxpenses: Required: 1. Prepare the joumal entiy to ebtabins the petty casn fund mecchandise inventory (for tronspotationain and office supphes evpense 3. Prepare the jocirnal enties for required 2 to both fal reimbuiso and (bi increave the fund amount. Complete this question by entering your answers in the tabs below. Record the reimbursement of the petty cash fund. Note: Enter debits before credits

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