Problem 6-3A Establishing, reimbursing, and increasing petty cash LO P2 Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to ccount for merchandise inventory. 1eb. 2 Wrote a 3369 check to estab1ish a petty cash fund. 5 Purchased paper for the copier for $15.55 that is imediately used. 9 Paid saz.50 shipping charges (transportation-in) on eerchandise purchased for resale, terns. F06 shipping point. These costs are added to nerchandise inventory. 12. Paid $3.55 postage to deliver a contract to a client. 14 Reinbursed Adina staron, the sanager, 374 for mileage on her car. 20 Purchased offlce paper for $68.77 that is imediately used. 23. Paid a courier $18 to deliver merchandise sold to a custaner, terns for destination, 25 Poid $11.50 shipping charges (transportation-in) on aerchandise purchased for resale, terns for shipping point. These costs are added to merchandise inventory. 27 Paid 358 for postoge expenses. 28 The fund had 526.26 ressining in the petty cashbox. Sorted the petty cash recelpts by accounts affected and exchanged them for a check to reimburse the fund for expenditures. 28. The petty cash fund anount is increased by $130 to a total of 5499 . Required: 1. Prepare the journal entry to establish the petty cash fund. 2. Prepare a petty cash payments report for February with these categories delivery expense, mileage expense, postage expense, merchandise inventory (for transportation-in), and office supplies expense 3. Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount. places.) Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount. (Round your answe decimal places.)