Palmona Co. establishes a $200 petty cash fund on January 1. On January 8, the fund shows $38 in cash along following expenditures: postage, $74, transportation-in, $29, delivery expenses, $16, and miscella the perpetual system in accounting for merchandise inventory neous expenses, $43. Palmona uses Prepare journal entries to (1) establish the fund on January increase it to $450 on January 8, assuming no entry in part 2 (Hint 1,(2) reimburse it on January 8, and (3) both reimburse the fund and Make two separate entries for part 3) 4 2 Prepare the journal entry to establish the Petty Cash fund Note: Enter debits before credits. Debit Credit Date General Journal Jan 01 Clear entry Record entry View general journal Journal entry worksheet 4 2 Record the reimbursement of the petty cash fund. Note: Enter debits before credits. Debit Credit General Journal Date Jan 08 Journal entry worksheet 2 3 Record the reimbursement of the petty cash fund. Note: Enter debits before credits. Date General Journal Debit Credit Jan 08 Clear entry Record entry View general journal View transaction list Journal entry worksheet 2 4 Record the increase of the petty cash fund. Note: Enter debits before credits. Date General Journal Debit Credit Jan 08 Clear entry Record entry View general journal