16) On May 1, Aiden's Art Studio created an imprest petty cash fund for $450. During the month, the fund custodian authorized and signed petty cash tickets as follows: Petty Cash Ticket number Item Account Debited Delivery Expense Postage Expense Printing Expense Office supplies Entertainment Expense Amount 100 Package delivery 101 Mail letters 102 Printing 103 Copier paper 104 2 Art Exhibit tickets $25 $15 $50 $100 $230 Requirements: (15 points) a) Make the journal entry to establish the petty cash fund. b) Make the journal entry to replenish the petty cash fund assuming the cash on hand is $29 at month end. c) Assume that Jackie's decides to increase the petty cash fund balance to $500 on June 15. Make the journal entry to record the decrease. iu ic ailahle for Ashley Company for the month ending June 30