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Cameron Co . established a $ 1 6 2 petty cash fund on January 1 , 2 0 2 3 . One week later, on

Cameron Co. established a $162 petty cash fund on January 1,2023. One week later, on January 8, the fund contained $31.53 in cash and receipts for these expenditures: postage, $45.36; transportation-in, $29.16; store supplies, $35.39; and a withdrawal of $20.56 by Jim Cameron, the owner. Cameron uses the perpetual method to account for merchandise inventory.
b. Prepare a summary of the petty cash payments and record the entry to reimburse the fund on January 8.(Round your answers to 212pointsCAMERON CO.Petty Cash Payments ReportJanuary 1-8,2023

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