PROBLEM#2 You are making an audit of XYZ Company for the year ended December 31, 2020. The balance of the petty cash fund account on December 31, 2020 was P30,000. Your count of the imprest cash fund, made at 10:00 am on January 5, 2021 in the presence of MR. POGI, the petty cash custodian odian disclosed the following fund composition: ed Bills and Coins: of Denomination Quantity 500 2 100 50 4 10 5 5 6 20 Checks: Date Maker Amount 12/29/2020 Miss Gwapa, employee P3,000 12/30/2020 Wildflower Company 2,600 01/02/2021 Lomihauz Company 3,560 01/17/2021 Mr. Kupido, employee 2,900 (check received 12/27/20) These checks were considered good when deposited after dates shown on the checks.) Vouchers: Date Voucher No. Particulars Amount 12/18/2020 145 Freight on merchandise bought P 600 as 12/26/2020 164 Postage 300 12/29/2020 165 Transportation of messenger 60 01/02/2020 166 Cost of labor cost for repairs done on office cabinets. Repair was completed ber Dec. 29, 2020 2,000 IOU: Chinita Girl, Employee P1,200 Postage Stamps: 7 pieces of P20 stamps purchased on Voucher No. 164 P 140 Duplicate copies of provisional receipts: PR Date Number Issued to Particulars Amount 12/30/2020 2204 Wildflower Refund for Company merchandise return P 2,600 01/02/2021 2205 Lomihauz Sale of Junk and Company Scrap items 3.560You verified that Ms. POGI handled miscellaneous receipts and issues provisional receipts. These miscellaneous collections are periodically turned over to the general cashier who issues official receipts. REQUIRED: 1. Prepare a cash count sheet and determine the cash shortage/overage. 2. Prepare the adjusting entries as a result of the foregoing