Prepare journal entries to establish the fund on May 1, to replenish it on May 15 and on May 31, and to reflect any increase or decrease in the fund balance on May 16 and May 31. (Round your answers to 2 decimal places.)

Kiona Company set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May (the last month of the company's fiscal year). May 1 Prepared a company check for $400 to establish the petty cash fund. May 15 Prepared a company check to replenish the fund for the following expenditures made since May 1. May 15 a. Paid $124,80 for janitorial expenses. May 15 b. Paid $101.88 for miscetlaneous expenses. May 15 c. Paid postage expenses of $69.60. May 15 d. Paid $91.44 to Facebook for advertising expense. May 15e. Counted $30.68 remaining in the petty cashbox. May 16 Prepared a company check for $200 to increase the fund to $606. May 31 The petty cashier reports that $391.19 cash renains in the fund. A company check is drawn to replenish the fund for the following expenditures nade since May 15. May 31f. Paid postage expenses of $64.48. May 31g. Reinbursed the office nanager for mileage expense, $51.33. May 31h. Paid $53.00 in delivery expense for products to a customer, terms fo8 destination. May 31 The conpany decides that the May 16 increase in the fund was too large. It reduces the fund by $50, leaving a total of $550. Required: Prepare journal entries to establish the fund on May 1, to replenish it on May 15 and on May 31, and to reflect any increase or decrease in the fund balance on May 16 and May 31 . (Round your answers to 2 decimal places.) Journal entry worksheet Prepared a company check to replenish the fund for the expenditures made since May 1. Nate: Enter debvits belore orects. Prepare journal entries to establish the fund on May 1, to replenish it on May 15 and on May 31 , and to in the fund balance on May 16 and May 31. (Round your answers to 2 decimal places.) Journal entry worksheet Prepared a company check to replenish the fund for the expenditures made since May 1. Note: Enter debits before credits