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Waupaca Company establishes a $430 petty cash fund on September 9.

Waupaca Company establishes a $430 petty cash fund on September receipts for the following expenditures: transportation costs of merchandise purchased, $48, postage expenses, miscellaneous expenses, $113. The petty cashier could not account for a $10 shortage in the fund. The company uses the perpe system in accounting for merchandise inventory 9 On September 30, the fund shows $196 in cash along with tual $63, and Prepare () the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 enty to increase the fund to $500 View transaction list Journal entry worksheet Prepare the journal entry to establish the Petty Cash fund. Note: Enter debits before credits. Date General Journal Sept 9 View general journal Clear entry Record entry cd smund on september 9 on September 30, the fund shows $196 in cash recelpts for the following expenditures: transportation costs of merchandise purchased, $48, postage expenses miscellaneous expenses, $113. The petty cashier could not account for a $10 shortage in the fund. The company system in accounting for merchandise inventory $63 and uses the Prepare () the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and increase the fund to $500 (3) an Octo View transaction list Journal entry worksheet Record the reimbursement of the petty cash fund. Note: Enter debits before credits. Date General Journal Credit Sept 30 Clear entry View general journal Record entry Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) increase the fund to $500 View transaction list Journal entry worksheet Record the increase of the petty cash fund. Note: Enter debits before credits. Date General Journal Dean Credit Oct 01 Record entry Clear entry View general journal

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