Kiona Co. set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May (the last month of the company's fiscal year) May 1 Prepared a company check for $a50 to establish the petty cash fund 15 Prepared a company check to replenish the fund for the following expenditures made since May o. Paid $148.48 for janitorial expenses. b. Paid $114.62 for miscellaneous expenses. c. Paid postage expenses of $78.30. d. Paid $102.87 to Facebook for advertising expense. e. Counted $34.51 remaining in the petty cashbox 16 Prepared a company check for $280 to increase the fund to $650. 31 The petty cashier reports that $442.13 cash remains in the fund. A company check is draun to replenish the fund for the following expenditures made since May 15 f. Paid postage expenses of $69.85. g. Reinbursed the office manager for mileage expense, 555.61 h. Paid $57.41 in delivery expense for products to a customer, terns FOB destination 31 The company decides that the May 16 increase in the fund uas too large. It reduces the fund by sso, leaving a totai of s600. Required: decrease in the fund balance on May 16 and May 31. (Round your onswers to 2 decimal places.) s 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 View transaction list Journal entry worksheet Prepared a companv check for $450 to establish the pettv cash fund. Cen pasDISCa Population.pat DISCA HumanGen.pf ore to search i e