Petty cash fund May May 1. Gave the petty cash custodian AED 4,800 to establish the Petty Cash fund 31. Petty cash on hand is AED 140 Following are the petty cash transactions: a. Purchased paper (Supplies) for the copier for AED 400. b. Paid AED 600 cash for shipping charges on merchandise purchased, terms FOB shipping point. The company uses the perpetual system to account for merchandise inventory. c. Paid AED 440 postage expense to express mail a contract to a client. d. Reimbursed Sara, the manager, AED 640 for business mileage (Transportation) on her car. e. Purchased stationary (Supplies) for AED 440 f. Paid a courier AED 160 to deliver merchandise sold to a customer, terms FOB destination