Please answer as soon as possible. Thank you in advance for answer.

Willard Company established a $400 petty cash fund on September 9, 2020.On September 30, the fund had $159.40 inch along with receipts for these expenditures transportation in, $32.45: office supplies $11355, and repairs expense $8760 Willard uses the perpetual method to account for merchandise inventory. The petty cashier could not account for the $700 shortage in the fund a. Prepare the September 9 entry to establish the fund. View transaction ist Jours entry worksheet b. Prepare a summary of the petty cash payments and record the entry on September 30 to reimburse the fund and reduce it to $300. (Round your answers to 2 decimal places.) WILLARD COMPANY Petty Cash Payments Report September 9 - 30, 2020 Receipts Totalrecipes Fund total $ 0.00 Equals: Cash required to replenish petty cash View transaction list Journal entry worksheet es 1 Record the entry to reimburse the fund. Note: Enter debits before credits. Date General Journal Debit Credit Sep 30, 2020 Prev 1 of 4 ! Next >