Blossom Retail Shop allows customers to use debit and bank credit cards as well as cash for purchases of merchandise. The company does not accept personal cheques. Blossom's bank charges $1.20 for every debit card transaction and 5% for bank credit card transactions On July 1, the company established a petty cash fund. Before it created the petty cash fund, cash was taken from the cash register whenever someone needed cash to pay for a small expense. The following transactions happened in July: July 1 8 Established the petty cash fund by cashing a cheque for $300. Total sales for the week were $34,500. Customers paid for these purchases as follows: $12,500 in cash. $9,000 on debit cards (140 transactions), and the balance using bank credit cards. Replenished the petty cash fund. On this date, the fund consisted of $87 in cash and the following petty cash receipts: 8 Freightout $69 35 Supplies Advertising in local paper 46 Personal withdrawal by owner, R. Blossom 58 Personal withdrawal by owner, R. Blossom 58 15 Total sales for the week were $30.805. Customers paid for these purchases as follows: $11,805 in cash, 510,000 on debit cards (160 transactions), and the balance using bank credit cards. Replenished the petty cash fund and decreased the balance to $254. On this date, the fund consisted of $65 in cash and the following petty cash receipts: 25 $66 Postage Advertising in local newspaper 77 Supplies 81 (a) Record the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to o decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit July 1 Petty Cash 300 Cash 300 July 1 Petty Cash 300 Cash 300 July 8 Cash 33682 Debit Card Expense 4 168 Credit Card Expense - 650 Sales 34500 (To record sales) July 8 Freight Out 69 Supplies 35 Advertising Expense - 46 R. Blossom Drawings 58 Cash Over and Short 5 Cash 213 Cash 213 July 15 Cash 30163 Debit Card Expense 192 Credit Card Expense 450 Sales 30805 July 25 Postage Expense 66 Advertising Expense 77 Supplies 81 Cash Over and Short- 143 Cash 35 Petty Cash 46