petty cash fund occurred in May (the last month of the company's fiscal year) May 1 Propared a company check for $300 to establish the petty cash fund b. Pald $53.68 for c Paid postage expenses of $53.50 d Paid $47.15 to The County Gazette (the local newspaper) for an expenses in the 16 Prepared a company check for $200 to increase t 31 The petty cashier reports that $288 20 cash remains in the fund. A company check is drawn to the fund to $500 replenish the fund for the f Paid postage ex made since May 15 of $147.36 g d the office managerforbusinessmileage $23.50 Paid $34.75 to merchandise to a terms 31 The company decides that the May 16 increase in the fund was too large. it reduces the fond by $100, leaving a total of $400 1. Prepare journal entries to establish the fund on May 1, to replenish it on May 15 and on May 31, and to reflect any or decrease in the fund balance on May 16 and May 31. (Round your a 1 Prepared a company check for $300 to establish the petty cash fund. expenditures made since May 1 a Prepared a company check for $200 to increase the fund to $500. Record the entry to replenish the fund for the expenditures made since May 15 4 s The company decides that the May 16 increase in the fund was too large. It reduces the fund by $100, leaving a total of $400