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Waupaca Company establishes a $470 petty cash fund on September 9 . On September 30...

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Waupaca Company establishes a $470 petty cash fund on September 9 . On September 30 , the fund shows $208 in cash along with receipts for the following expenditures: transportation-in, $45, postage expenses, $65; and miscellaneous expenses, $140. The petty cashier could not account for a $12 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 $515. Journal entry worksheet Record the reimbursement of the petty cash fund. Note: Enter debits before credits. Journal entry worksheet Record the increase of the petty cash fund. Note: Enter debits before credits

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