Question: please give a clear wrote out answer, having trouble getting a clear wrote out answer of each journal entry Palmone Co, establishes a $270 petty



Palmone Co, establishes a $270 petty cash fund on January 1 On January 8, the fund shows $167 in cash long with receipts for the following expenditures postage, $45. transportation in St, delivery expenses, $13, and miscellaneous expenses, $34. Paimonis uses the perpetual system in accounting for merchandise inventory. Prepare joumal entries to establish the fund on January (2) reimburse it on January 8, and by both reimburse the fund and Increase it to $320 on January 8, assuming no entry in part 2. Hint Make two separate entries for part Views list Journal entry worksheet Record the rimbursement of the pretty cash fund Crite General Journal Da Lan 00 1 Palmone Co estabes 5270 petty cash fundon nyt on January 8, the fund show $7 in cahong win receipts for the Follow our protege 45 anotation, every expertes, 313, and miscelaneous esperes $4 ton the perpetual stem in accounting for merchandise inventory Prepare journal entries to 10th the fund on January bonito y , and here than incremetto $320 on January uning nowy in part 2. Make two partneries for 10 Journal entry worksheet 1 3 4 > Record the rimbursement of the petty cash and Den De re Jano MIR 1 Pamona Costa $270 petty cash and on Januarytonary the fund shows 7 inch long with recept for the following expende postage 45 sportation in delivery expenses $15, and inclonous expensionat the perpetual system accounting for merchandise vor Prepare uma entries to the func on January 13 rebus to be the fundant se it to $320 on January suming entry in 2. Hot Morties for part Journal entry worksheet
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