Kiona Co, set up a petty cash fund for payments of small amounts. The following transactions involving the pett cash fund occurred in May (the last month of the company's fiscal year). May 1 Prepared a company check for $458 to establish the petty cash fund points 15 Prepared a company check to replenish the fund for the following expenditures made since May 1. a. Paid 5148.48 for 5anitorial services b. Paid $114.62 for miscellaneous expenses. c. Paid postage expenses of $78.30 d. Paid $182.87 to The County Gazette (the local newspaper) for an advertisement. e. Counted $34.51 remaining in the petty cashbox. elook 16 Prepared a company check for $209 to increase the fund to $650. 31 The petty cashier reports that 542.13 cash renains in the fund. A company check is draun to replenish the fund for the folloding expendi tures made since May 15. f. Paid postage expenses of $69.85 g. Reinbursed the office manager for business mileage, $55.61 h. Paid $57.41 to deliver merchandise to a customer, teres FO8 destination. Print 31 The company decides that the May 16 increase in the fund was too large. It reduces the fund by $5e, leaving a total of $680 ReferencesRequired: 1. Prepare journal entries to establish the fund on May 1, to replenish it on May 15 and on May 31, and to reflect any increase or decrease in the fund balance on May 16 and May 31, (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Prepared a company check for $450 to establish the petty cash fund. Note: Enter debits before credts. General Journal Debit Credit May 01