Willard Company established a $$350$ petty cash fund on September $9,2023.$ On September $30,$ the fund had $$139\mathrm{.}50$ in cash along with receipts for these expenditures: transportation$-$in$,$ $$28\mathrm{.}40$; office supplies, $$99\mathrm{.}40$; and repairs expense, $$77\mathrm{.}70.$ Willard uses the perpetual method to account for merchandise inventory. The petty cashier could not account for the $$5\mathrm{.}00$ shortage in the fund.

a$.$ Prepare the September $9$ entry to establish the fund.

Journal entry worksheet

$1$

Record the entry to establish the fund.

Note: Enter detits berore dedits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$Sep $09\mathrm{.}2023,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$