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Prepare the journal entries for the following petty cash transactions of Malden Gaming Supplies: Feb. 1 Established a petty cash fund with a $200 balance.

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Prepare the journal entries for the following petty cash transactions of Malden Gaming Supplies: Feb. 1 Established a petty cash fund with a $200 balance. Feb. 28 The petty cash fund has $19 in cash and $186 in petty cash tickets that were issued to pay for Office Supplies ($66) and Entertainment Expense ($120). Replenished the fund and recorded the expenses. Mar. 15 Increased the balance of the petty cash fund to $300. To open the petty cash fund. Journalize the replenishment of the fund. Date Accounts and Explanation Feb. 28 Entertainment Expense Office Supplies Cash Short and Over Debit Credit 120 66 Cash 181 To replenish the petty cash fund. Journalize the increase of the petty cash fund. Date Debit Credit Accounts and Explanation Petty Cash Mar. 15 300 Cash 300 To increase the petty cash fund

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