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On June 1, 2020, Kamehameha Corporation established a $350 petty cash fund. At the end of June, the petty cash fund contained: - Cash on

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On June 1, 2020, Kamehameha Corporation established a $350 petty cash fund. At the end of June, the petty cash fund contained: - Cash on hand $84.30 - Petty cash receipts for Delivery cost for merchandise sold to a customer $ 52.84 Repair of office computer 84.10 Delivery of products which will be resold 83.21 Office supplies to be used immediately 56.12 a) Prepare the journal entry to establish the petty cash fund on June 1, 2020. b) Prepare the journal entry on June 30, 2020, to replenish the petty cash fund. c) Assume on June 30, 2020, after replenishing the petty cash fund, Kamehameha Corporation desires to increase the petty cash fund to $450. Prepare the necessary separate journal entry. Omit explanations PR Account Name Debit Credit Date

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