journal and petty cash fund of Samuel & Co. of St. John's P93C The following transactions occurred in March and were related to the general Relationship to auxiliary putt) cash record 2022 30 min) Mar. 1 Issued cheque No. 314 for $200 to establish a petty cash fund. Conskip 5 Paid $45 from petty cash for postage, voucher No. 1. Cushteplenishment 5178 Paid $39 from petty cash for office supplies, voucher No. 2 Paid 527 from petty cash for office supplies, voucher No. 3. Paid $47 from petty cash for postage, voucher No 4. Paid $20 from petty cash to support a student walk event, voucher No. 5 (this is a miscellaneous payment). 29 Issued cheque No. 315 to Klondike Office Equipment to pay for office equipment, $1,890. The chart of accounts includes Cash, 100, Petty Cash, 105, Office Equipment, 170, Postage Expense, 645; Office Supplies Expense, 640; Miscellaneous Expense, 630. The headings of the auxiliary petty cash records are the same as for prob- 8 18 25 26 lem P9-3A Required 1. Record the appropriate entries in the general journal and the auxiliary petty cash record as needed. 2. Be sure to replenish the petty cash fund on March 31 (cheque No 316). 09:40. Ali Zaiere, the accountant of Hoop Co. of Nelson, has appointed Jim Pool as Replenishing the petty cash the petty cash custodian. The following transactions occurred in November: and increasing the petty cas account 2022 (15 min) Nov. 25 Cheque No. 441 was written and cashed to establish a $50 petty cash fund. 26 Paid $8.50 delivery charge for goods purchased for resale. 28 Purchased office supplies for $12 from petty cash. 29 Purchased postage stamps for $15 from petty cash. On December 3, Jim received the following internal memo: To: Jim Pool FROM: Ali Zaiere Re: Petty Cash Jim, I'll need $5 for postage stamps. By the way, I noticed that our petty cash account seems to be too low. Incrcase its size to $100 please, Help Jim replenish petty cash on December 3 by providing him with a general journal entry. Support your answer and indicate whether Ali was correct