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On March 2, Sheridan Company established a petty cash fund of $105, On March 27, the fund was replenished when it had $17 in cash

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On March 2, Sheridan Company established a petty cash fund of $105, On March 27, the fund was replenished when it had $17 in cash and receipts for supplies $20, postage for $27, and repairs expense $41. Prepare the journal entry to establish the petty cash fund on March 2. (Credit account titles are cutomatically indented when the amount is entered. Do not indent manually. If no entry is requilred, select "No Entry" for the occount titles and enter O for the amounts. List debit entry before credit entry) Prepare the journal entry to replenish the petty cash fund on March 27. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entrles)

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