What is the pro-forma journal entry to establish the fund?

To establish a fund, the pro-forma journal entry typically involves debiting the appropriate asset account (e.g., Cash or Fund Assets) and crediting the Fund Balance or Fund Equity account. For example, if $10,000 is being established in the fund, the entry would be:

Debit: Cash $10,000
Credit: Fund Balance $10,000

This reflects the initial funding of the account and the establishment of the fund's equity.