Problem 7-3 The Lee Legal Services Firm established a petty cash account on January 2, in the amount of $250. A month end examination of the account revealed a balance of $10.50 and the one receipts: office supplies $59.18, postage expense $150.32 and miscellaneous extptor $30.00. The account is to be replenished on February 1. Required: 1) Prepare the January 2, entry to establish the account. 2) Prepare the February 1 entry to replenish the fund. 3) Suppose the amount of cash remaining in the fund was 89.50, give the entry to replenish the fund. 4) Suppose the amount of cash remaining in the fund was $11.50, give the entry to replenish the fund. 5) Suppose the comptroller decided to increase the size of the fund to $300 on February 1. In one compound entry replenish, as well as, increase the fund using the original information. 6) Suppose the comptroller decided to decrease the fund to $200 on February 1. In one compound entry replenish, as well as, decrease the fund using the original information