PR 7-2A Transactions for petty cash, cash shost and ever Picasso Restoration Company completed the following selected transactions during Picasso Re May 2014: May 1. Estahlished a petty ash fund of $ssix. 10. The cash sales for the day, according to the ash register recorels, tocaled 13,3is. The actual cash received from cash sales was 33,358 . 31. Petry eash on hand was $275. Teptenialoed the petry cash fand for the following disbrissements, each evidenced by a petty cash receipt: May 3. Store supplies, $290. 7. Express charges oe merchandise sold, 170 (Dellvery Expense). 9. Office supplies, $12. 13. Oftice supplies, $25. 19. Tostage stamps, $18 (Office 50pplies). 21. Repair to oflice file cabinet lock, $20 (Miscellancous Administrative Expense)