Journal entry worksheet Record the May 30 entry to reimburse the fund. Note: Enter debits before credits. Journal entry worksheet Record the May 2 entry to establish the fund. Note: Enter debits before credits. Journal entry worksheet Record the June 1 entry to increase the fund to $1,380. Note: Enter debits before credits. EcoMart establishes a $1,200 petty cash fund on May 2. On May 30, the fund shows $410 in cash along with receipts for the following expenditures: transportation-in, $126; postage expenses, $402; and miscellaneous expenses, $270. The petty cashier could not account for a $8 overage in the fund. The company uses the perpetual system in accounting for merchandise inventory. Prepare the (1) May 2 entry to establish the fund, (2) May 30 entry to reimburse the fund [Hint. Credit Cash Over and Short for $8 and credit Cash for \$790], and (3) June 1 entry to increase the fund to $1,380