Jun 3 Problem 6-20 Establishing, reimbursing, and adjusting petty cash P2 Moya Co. establishes a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in January (the last month of the company's fiscal year) A company check for $150 is written and made payable to the petty cashier to establish the petty cash fund. 14 A company check is written to replenish the fund for the following expenditures made since January 3 Purchased office supplies for $14.29 that are immediately used Paid $19.60 COD shipping charges on merchandise purchased for resale, terms FOB shipping point. Moya uses the perpetual system to account for inventory Paid $38.57 to All Tech for repairs expense to a computer Paid $19.a for items assified as miscellaneous expenses Counted $69.215 remaining in the petty cashbox 15 Prepared a company check for go to increase the fund to $200 31 The petty cashier reports that $17.865 remains in the fund. A company check is written to replenish the fund for the following 14, Paid go to the Smart Show in advertising expense for mary's newsletter Paid $48.19 for postage expenses Paid 578 to Smooth Delivery for delivery expense of merchandise, terms FOB destination The company decided that the January 15 increase in the fund was too little. It increases the fund by another $50. Page 35 Required Prepare journal entries in dollars and cento) so establish the fund on January 3, to replenish it on June 14 and January 31, and to reflect any increase or decrease in the fund balance on January 15 and 31 Check Out 14.513,25