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Saved Help Save & Exit su Waupaca Company establishes a $400 petty cash fund on September 9. On September 30, the fund shows $169 in

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Saved Help Save & Exit su Waupaca Company establishes a $400 petty cash fund on September 9. On September 30, the fund shows $169 in cash along with receipts for the following expenditures: transportation costs of merchandise purchased, $40. postage expenses, $57; and miscellaneous expenses, $125. The petty cashier could not account for a $9 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory. Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $440. View transaction list Journal entry worksheet 1 2 3 Prepare the journal entry to establish the Petty Cash fund. Note: Enter debits before credits General Journal Debit Credit Date Sept 9

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