Instructions Journalize the entries to record the following (refer to the Chart of Accounts for exact wording of account titles): a. On July 1, check No. 12-375 issued to establish a petty cash fund of $500. b. The amount of cash in the petty cash fund which is now $40. Check No. 12-476 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $212; miscellaneous selling expense, $156, miscellaneous administrative expense. $81. (Because the amount of the check to replenish the hund plus the balance in the fund do not equal $500, record the discrepancy in the cash short and over account.) a. On July 1, journalize the Check No. 12-375 issued to establish a petty cash tund of $500. Refer to the Chart of Accounts for exact wording of account titles. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION FOST REF DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 On December 31, journalize the amount of cash in the petty cash fund which is now $40. Check No. 12,478 is issued to replenish the fund based on the following summary of petty cash receipts: office supplies, $212, miscellaneous soling expense, $158; miscellaneous administrative expense, $61. (Because the amount or the check to mplonish the tund plus the balance in the fund do not equal $500, record the discrepancy in the cash short and over account) Refer to the Chart of Accounts for exact wording of account es PAGE 1 Journal b. On December 31, journalize the amount of cash in the petty cash tund which is now $40. Check No. 12.476 is issued to replenish the fund, based on the following summary of petty cash receipts: orice supplies, $212; miscellaneous seling expense, S156; Miscellaneous administrative expense, 861. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $500, record the discrepancy in the cash short and over account Refer to the Chart of Accounts for exact wording of account telers PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DELIT CREDIT ASSETS LIABILITIES EQUITY 6