Announcements Spring 2 PLUS LUS immed, Accounting, 6e Principles of Accounting (121/122/201/202) 7-16 (Part Level submission Sandhill Company maintains a petty cash fund for small expenditures. These transactions ocorred during the more of August. Aug. 1 Established the petty cash fund by writing a checkpayable to the petty cash custodian for s220.00. he petty cash fund by writing a check for $185.00 On this date, the fund consisted of 15.00 in cash and these petty cash receiats: freight out l6H40, entertainment expense salv00, portage $23.70 and mi 15 Increased the amount of the petty cash fund to $420.00 by writing acheck for S200.00. the petty writing a for 12 3.00, on this date, the fund consisted s127 cash and these preto ash receipts: postage evense "eertarement expernes12 freight-out $36.40. Jourmalize the petty cash transactions. (Round answers to 2 declmalplaces e S2.75 credit account titles are automarkany indented Ries and Explanalion