Prepare the journal entries for the following petty cash transactions of Everly Gaming Supplies:
Mar. 1 Established a petty cash fund with a $250 balance.
31 The petty cash fund has $24 in cash and $235 in petty cash tickets that were issued to pay for Office Supplies ($35) and Entertainment Expense ($200). Replenished the fund and recorded the expenditures.
Apr. 15 Increased the balance of the petty cash fund to $300.