2. Petty Cash Fund January 1- Khalid Company established a petty cash fund of OMR 350 by issuing a check. January 31 - Replenished the fund. It had cash on hand OMR 20 and receipt as follows: Meals and snacks OMR 25 Office supplies OMR 220 Transportation OMR 50 Gas and oil OMR 30 Required: a. Record the journal entries on January 1 and January 31(1 Mark) b. What is petty cash fund and what purpose does it serve? (1 Mark)