Exercise 7-5 Petty cash fund L04 Cameron Co. established a $200 petty cash fund on January 2020. One week later, on January 8, the fund contained $46.85 in cash and receipts for these expenditures: postage. $5160 transportation in $35.00 store supplies, $4155 and a withdrawal of $25.00 by Jim Cameron, the owner. Cameron uses the perpetual method to account for merchandise Inventory a. Prepare the journal entry to establish the fund on January 1 View transaction list Journal entry worksheet + > Record the entry to establish the fund. No Enter debts before tres General Journal Debit Credit Date January 01 2020 200 Petty cash Cash 200 Check- 1 b. Prepare a summary of the petty cash payments and record the entry to reimburse the fund on January 8. (Round your answers to 2 decimal places.) CAMERON CO Petty Cash Payments Report January 1-8, 2020 Receipts Poste pense Merchandise not Store supplies expende Jim Cameron Withdrawal 5 000 Totalrecepts Fund total Floss Cashmang Equals cash regured to replenish petty cash Cash over short 1 View saloni 10 point Journal entry worksheet