4. As a step to safeguard the company's cash balance , The XYZ Company established an imprest petty cash fund on November 2, 2020. The company completed the following transactions from November 2020 to January, 2021 related to petty cash fund: 2020 November 2 Nov. 2-Dec. 14 The company estab;ished an imprest petty cash fund amounting to P 10,000. Issued a check payable to the petty cash custodian. The petty cash custodian paid the following from petty cash fund, all supported by properly approved petty cash vouchers: Transportation P2,500 Representation 1,200 Freight for merchandise purchased 1,800 Computer repairs 900 Office supplies 500 Dec. 15 Dec. 16 - 31 The petty cash custodian submitted the above paid petty cash vouchers to request for replenishment of the fund. A check amounting to P6,900 was issued to the petty cash custodian. The petty cash custodian paid the following from petty cash fund, Transportation P 1,000 Representation 600 Office supplies 100 Dec. 31 A count of the petty cash fund revealed the following composition: Bills and coins P8,300 Paid petty cash vouchers for: Transportation 1,000 Representation 600 Office supplies 100 The fund was not replenished on this date. 2021 Jan. 1-20 The petty cash custodian paid the following from petty cash fund, Transportation P 1,500 Freight for merchandise purchased 1,600 IOU - Mr. Cruz 2,000 Representation 700 Jan. 25 The petty cash custodian submitted the paid petty cash vouchers evidencing payments from Dec. 16 through January 20. A check was issued for its replenishment and to increase its balance by P 5,000. REQUIRED: Prepare journal entries for the given transactions and any appropriate adjusting entries on Dec. 31, 2020 end of company's accounting period and reversing entry(ies) on January 1, 2021