Cullumber 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. Cullumber's bank charges $1.15 for every debit card transaction and 2% 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 $250. Total sales for the week were $33,250. Customers paid for these purchases as follows: $12,250 in cash, $9,000 on debit cards (120 transactions), and the balance using bank credit cards. Replenished the petty cash fund. On this date, the fund consisted of $73 in cash and the following petty cash receipts: 8 Freight out Supplies Advertising in local paper Personal withdrawal by owner, R. Cullumber $57 29 38 48 15 Total sales for the week were $29,585. Customers paid for these purchases as follows: $11,585 in cash, $10,000 on debi cards (140 transactions), and the balance using bank credit cards. Replenished the petty cash fund and decreased the balance to $208. On this date, the fund consisted of $66 in cash and the following petty cash receipts: 25 Postage Advertising in local newspaper Supplies $51 60 63 (a) Record the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry required, select "No Entry" for the account titles and enter for the amounts. Round answers to decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit July 1 July 8 (To record sales) July 8 July 15 July 25 Advertising Expense Cash Cash Over and Short Credit Card Expense Debit Card Expense Freight Out No Entry Petty Cash Postage Expense R. Cullumber, Drawings Supplies Sales