Petty Cash Fund Problem:

On December 31, 2021, Chi Company established a petty cash fund:

December 1, 2021 - Chi established a petty cash fund of [10,000] by writing a check drawn out of its own account.

December 20, 2021 - The entity replenished petty cash fund by writing a check on National Bank. The fund contained the following: currency and coins [1,000], vouchers for selling expenses [5,000], vouchers for miscellaneous expense [2,000], and vouchers for equipment [2,000].

December 27, 2021 - The fund contained the following: currency and coins [6,000], postdated employee's check [2,000], vouchers for selling expenses [1,500] and vouchers for transportation [500].

December 31, 2021- The petty cash fund was not replenished.

January 15, 2022 - The entity encashed the employee's check. The proceeds were retained in the fund.

January 31, 2022 - Chi Company replenished the petty cash fund by writing a check. The petty cash vouchers for January 2022 expenditures are: distribution costs [500], administrative expense [2,000], transportation [1,000] and payment for supplier's invoice [1,200].

Please make an entry for imperest and fluctuating fund system.