Question - Marigold, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The following information is available for the month of April.

1. On April 1, it established a petty cash fund in the amount of $249.

2. A summary of the petty cash expenditures made by the petty cash custodian as of April 10 is as follows.

Delivery charges paid on merchandise purchased $74

Supplies purchased and used 39

Postage expense 47

I.O.U. from employees 31

Miscellaneous expense 50

The petty cash fund was replenished on April 10. The balance in the fund was $2.

3. The petty cash fund balance was increased by $114 to $363 on April 20.

Prepare the journal entries to record transactions related to petty cash for the month of April.