Setterstrom Company established a petty cash fund on May 1, cashing a check for $120.00. The company reimbursed the fund on June 1 and July 1 with the following results.
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June 1: Cash in fund $2.75.
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Receipts: delivery expense $27.00; postage expense $37.75; and miscellaneous expense $49.70.
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July 1: Cash in fund $4.75.
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Receipts: delivery expense $19.50; entertainment expense $51.50; and miscellaneous expense $44.25.
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On July 10, Setterstrom increased the fund from $120.00 to $150.00.
Prepare journal entries for Setterstrom Company