Question 1 On October 1, 2020, Ellis Company establishes an imprest petty cash fund by issuing a check for $150 to Pat Harmon, the custodian of the petty cash fund. On October 31, 2020, Pat Harmon submitted the following paid petty cash receipts for replenishment of the petty cash fund when there is $12 cash in the fund: Freight-In $25 Supplies Expense 32 Entertainment of Clients 55 Postage Expense 24 Instructions Prepare the journal entries required to establish the petty cash fund on October 1 and the replenishment of the fund on October 31. Question 2 White Water Kayak Company's bank statement for the month of September showed a balance per bank of $6,900. The company's Cash account in the general ledger had a balance of $7,948 at September 30. Other information is as follows: 1-Cash receipts for September 30 recorded on the company's books were $5,850 but this amount does not appear on the bank statement 2-The total amount of checks still outstanding at September 30 amounted to $4,800 3-The bank statement shows a debit memorandum for $25 for check printing charges Check No. 119 payable to Blacque Company was recorded in-4 the cash payments journal and cleared the bank for $236. But wrongly recorded in company ledgers for $263 Instructions Prepare the correct bank reconciliation for the month of September