Instructions On May 1 of this year, Ellsworth and Company established a Petty Cash Fund. The following petty cash transactions took place during the month: 1 6 9 May Transactions: May Cashed check no. 956 for $150ko establish a Petty Cash Fund, and put the $150 in a locked drawer in the office. 3 Bought postage stamps, $8.80, voucher no. 1 (Miscellaneous Expense). 4 Issued voucher no. 2 for taxi fare, $12 (Miscellaneous Expense). Issued voucher no. 3 for delivery charges on outgoing parts, $15. B. Ellsworth, the owner, withdrew $25 for personal use, voucher no. 4. 13 Pald $8.29 for postage, voucher no. 5 (Miscellaneous Expense). 19 Bought pens for office, $6, voucher no. 6. 23 Paid $3.59 for a box of staples, voucher no. 7 28 Paid $15 for window cleaning service, voucher no. 8 (Miscellaneous Expense) Paid $2 for pencils for office, voucher no. 9. 31 Issued for cash check no. 1098 for $95,68 to reimburse Petty Cash Fund. 29 Required: 1. Journalize the entry establishing the Petty Cash Fund in the general journal. 2. Record the disbursements of petty cash in the petty cash payments record 3. Journalize the summarizing entry to reimburse the Petty Cash Fund. Chart of Accounts CHART OF ACCOUNTS Ellsworth and Company General Ledger ASSETS REVENUE 111 Cash 411 Sales 112 Petty Cash Fund 113 Accounts Receivable EXPENSES 115 Office Supplies 511 Salaries Expense 117 Prepaid Insurance 512 Rent Expense 124 Equipment 513 Delivery Expense 125 Furniture and Fixtures 514 Utilities Expense 631 Miscellaneous Expenses LIABILITIES 635 Cash Over and Short 221 Accounts Payable EQUITY 311 B. Ellsworth, Capital 312 B. Ellsworth, Drawing PAGE 1 GENERAL JOURNAL DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT 1 2 3. Prepare the summarizing entry to reimburse the Petty Cash Fund on May 31. General Journal Instructions PAGE 1 GENERAL JOURNAL DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT 1 2 3 4 5 PETTY CASH PAYMENTS RECORD DISTRIBUTION OF PAYMENTS OFFICE DELIVERY MISC. OTHER ACCOUNTS DATE VOUCHER EXPLANATION PAYMENTS SUPPLIES EXPENSE EXPENSE ACCOUNT AMOUN May 1 Established fund, Ck No. 956, $150 3 1 Postage stamps 4 2 Taxi fare 6 3 Delivery charge B 9 4 Withdrawal by Ellsworth, Drawing B. Ellsworth 13 5 Postage 19 6 Pens for office 23 7 Box of staples 4 2 Taxi fare 6 3 Delivery charge B 9 4 Withdrawal by Ellsworth, B. Elsworth Drawing 13 5 Postage 19 6 Pens for office 23 7 Box of staples 28 B Clean windows 29 9 Pencils for office 31 Totals Bwance in Funds Reimbursed Ck No. 1090 Total S