Check my work 2 1 points Hist Print References Exercise 6-8 (Algo) Petty cash fund with a shortage LO P2 Waupaca Company establishes a $430 petty cash fund on September 9. On September 30, the fund shows $180 in cash along with receipts for the following expenditures: transportation-in, $52; postage expenses. $61; and miscellaneous expenses, $122. The petty cashier could not account for a $15 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 $490. View transaction list Journal entry worksheet < 3 Prepare the journal entry to establish the petty cash fund. Mc Graw Hill Note: Enter debits before credits Date September 09 General Journal Debit Credit Prev 1 of 5 Next >