-8- 2. Michelle Martin maintains both a three-column cash book and a petty cash book. The petty cash float is $300 every month. All payments for stationery and cleaning expenses are recorded in the petty cash book. The balances at 1 December 2016 were as follows: Cash Bank Petty cash $ 900 5 300 55 During the month of December, the following transactions were recorded in the books: December 1 Restored imprest by cash to the petty cash book 8 Paid $500 rent by cheque $500 9 Received $900 cash from S. Smith in full settlement of his account for $1 000 10 Purchased office stationery for $15, and cleaning supplies for $25.95 12 Bought office stationery for $52.50 13 Purchased printing paper for $9.95 15 Deposited $400 cash into bank 16 P. Kan paid his account of $800 by cheque, less 5% discount 19 Owner withdrew $200 cash for private use 21 Purchased heavy duty stapler for $39.75 25 Paid cheque to L. Lamb for amount owing, $800 receiving 2% discount 28 Paid cleaning wages for $75 (a) Draw up a three-column cash book for Michelle Martin for the month of December 2016. (8 marks)