Cedar Point Diner operates a petty cash fund.
| Date | Event |
|---|
| July 1 | Established a petty cash fund of $300. |
| July 31 | Replenished the fund. Receipts on hand: postage $90, supplies $120, and meals for staff (miscellaneous) $60. Cash remaining in the box was $30. |
Required: Prepare the entry to establish the fund and the entry to replenish it. Charge the receipts to Postage Expense, Supplies, and Miscellaneous Expense.