Recuired: 1. Prepare the journal entry to estabing the petty cash fund 2 Prepare a petty cash payments report for February with these categocies delivery expense, mileage expense, postage erpense merchandise inventory for transportation-m) and offoce supplies expense: 3. Prepare the journat entries for tequiced 2 to both for reimboise and (A increase the fund amount Complete this question by entering vour enswers in the tabs below. Drepare a petty cash payments repoct for february with these categories delvery expense, mileage expense, postage expense, merchandse inventiony (for tramsortation:in), and office supplies erpentex. Notet Round your anwwers bo 2 dedmal places. Complete this question by entering your answers in the tabs below. Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount. Note: Round your answers to 2 dedimal places. Journal entry worksheet Record the reimbursement of the petty cash fund. Wote: Enter debits before credits. Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory. Tebruacy 2 . Wrote a $360 check to establish a petty cash fund. tebruary 5 purchastd paper for the copler for $14.75 that is imnedlately used. costs are odded to merchandise inventory. Fetruary 12 paid $8. 55 postage to delliver a contract to a client. Febraary is Reinbursed Adins sharon, the manager, $66 for alleoge on her ear. February 20 Purchased afflice peper for 566,77 that is imedlately used. rebeusry 23 Pald a courier $16 to deliver merchandive seld to a customer, terns ron destinatian. costs ore edded to merchandise Inventery. rebruary 27 Paid 559 for postage expenses. Pebruary 20 The fund has $24,02 remining in the petty casboos, Sorted the petty cash recelpts by acceunts affected and exchanged thas for a check to celaburse the fund for expenditures. febcuary 25 The petty cosh fund anount is Increased by 5130 to a total of $490. Required: 1. Prepare the journal entry to establinh the petty cash fund 2. Prepare a petty cash payments report for February with these categories delivery expense, mileage expense, postoge expense. metchandise inventory (for transportation-in); and office supplies expense. 3. Prepare the journal entries for required 2 to both (d) reimburse and (b) increase fhe fund amount. Complete this geestion by untering your enswers in the tabs below. Prepare the foumal entry to estabilsh the petty cash fund Recuired: 1. Prepare the journal entry to estabing the petty cash fund 2 Prepare a petty cash payments report for February with these categocies delivery expense, mileage expense, postage erpense merchandise inventory for transportation-m) and offoce supplies expense: 3. Prepare the journat entries for tequiced 2 to both for reimboise and (A increase the fund amount Complete this question by entering vour enswers in the tabs below. Drepare a petty cash payments repoct for february with these categories delvery expense, mileage expense, postage expense, merchandse inventiony (for tramsortation:in), and office supplies erpentex. Notet Round your anwwers bo 2 dedmal places. Complete this question by entering your answers in the tabs below. Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount. Note: Round your answers to 2 dedimal places. Journal entry worksheet Record the reimbursement of the petty cash fund. Wote: Enter debits before credits. Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory. Tebruacy 2 . Wrote a $360 check to establish a petty cash fund. tebruary 5 purchastd paper for the copler for $14.75 that is imnedlately used. costs are odded to merchandise inventory. Fetruary 12 paid $8. 55 postage to delliver a contract to a client. Febraary is Reinbursed Adins sharon, the manager, $66 for alleoge on her ear. February 20 Purchased afflice peper for 566,77 that is imedlately used. rebeusry 23 Pald a courier $16 to deliver merchandive seld to a customer, terns ron destinatian. costs ore edded to merchandise Inventery. rebruary 27 Paid 559 for postage expenses. Pebruary 20 The fund has $24,02 remining in the petty casboos, Sorted the petty cash recelpts by acceunts affected and exchanged thas for a check to celaburse the fund for expenditures. febcuary 25 The petty cosh fund anount is Increased by 5130 to a total of $490. Required: 1. Prepare the journal entry to establinh the petty cash fund 2. Prepare a petty cash payments report for February with these categories delivery expense, mileage expense, postoge expense. metchandise inventory (for transportation-in); and office supplies expense. 3. Prepare the journal entries for required 2 to both (d) reimburse and (b) increase fhe fund amount. Complete this geestion by untering your enswers in the tabs below. Prepare the foumal entry to estabilsh the petty cash fund