A Company Established a Petty Cash Fund in May of the Current

Essay

A company established a petty cash fund in May of the current year and experienced the following transactions affecting the fund during May:
May 1 Establish petty cash account in the amount of $300
May 5 Paid for miscellaneous office supplies in the amount of $53.22
May 9 Reimbursed Human Resource Manager for business lunch,$45.09
May 15 Paid for minor landscaping services,$75.00
May 22 Paid $65.00 for postage
May 31 Counted remaining cash and discovered that $56.34 remained
Prepare the journal entry to establish the fund on May 1.