Palmona Company establishes a $$250$ petty cash fund on January $1.$ On January $8,$ the fund shows $$133$ in cash along with receipts for the following expenditures: postage, $$49$; transportation$-$in$,$ $$14$; delivery expenses, $$16$; and miscellaneous expenses, $$38.$ Palmona uses the perpetual system in accounting for merchandise inventory.

Prepare the entry to establish the fund on January $1.$

Prepare the entry to reimburse the fund on January $8$ under two separate situations:

To reimburse the fund.

To reimburse the fund and increase it to $$300.$ Hint: Make two entries.