Answer: Please see explanation for answers
Step-by-step explanation:
Journal to record establishment of fund
Date Account titles and explanation Debit Credit
Sept 9 Petty cash $350
To Cash $350
Journal to record the reimbursement of petty cash fund
Date Account titles and explanation Debit Credit
September 30 printing expenses $40
Postage expense $123
Miscellaneous expenses $80
Cash shortage - not accounted for $3
To Cash $246
Journal to show the increment of fund to $400
Date Account titles and explanation Debit Credit
October 1 Petty cash $50
To Cash $50
Calculation : ($400 - $350)=$50