1. Prepare the entry to replenish the Aaron Company petty cash fund of $200, assuming the fund has receipts for: outbound freight $60, postage $105, and miscellaneous expenses $25 on May 31, 2018. The fund contains $8 in cash. Journal entry form.
2. 
   
3. On October 1, 2018, the Smith Company establishes a petty cash fund for advances by issuing a check for $200 to Erin Smith, the custodian of the petty cash fund. On October 31, 2018, Erin Smith submitted the following paid petty cash receipts to replenish the petty cash fund when there is $32 in cash in the fund:

Inbound freight $28

Supply Expenses 42

Customer Entertainment 65

Shipping costs 30

C. Prepare the required journal entries to establish the petty cash fund on October 1 and replenish the fund on October 31. Journal Entry Form