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 The company estab;ished an imprest petty cash fund amounting to P 10,000. Issued a check payable to the petty cash custodian. Nov. 2-Dec. 14 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 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. Dec. 16 - 31 Dec. 31 The petty cash custodian paid the following from petty cash fund, Transportation P 1,000 Representation 600 Office supplies 100 A count of the petty cash fund revealed the following composition: Bills and coins P 8,300 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