Petty Cash Record and Journal Entries On May 1, a petty cash fund was established for $150. The following vouchers were issued during May: Date Voucher No. Purpose Amount May 1 1 Postage due $3.50 3 2 Office supplies 11.00 5 3 Auto repair (miscellaneous) 43.00 7 4 Drawing (Joy Adams) 25.00 11 5 Donation (Red Cross) 10.00 15 6 Travel expenses 28.00 22 7 Postage stamps 3.50 26 8 Phone call 5.00 30 9 Donation (Boy Scouts) 20.00 Required: Question Content Area 1. Prepare the journal entry to establish the petty cash fund. Page: blank ROW NUMBER DATE ACCOUNT TITLE DOC. NO. POST. REF. DEBIT CREDITROW NUMBER 1 20-- May 1 blank blank - Select - - Select - 1 2 blank blank blank - Select - - Select - 2 3 blank Establish petty cash fund blank blank blank blank