Question 1 10 points ABC Company set up a cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred during January 2020 On January 1, prepared a company check for AED 1,100 to establish the petty cash fund with Shaun as the petty cashier. On January 31, the fund shows AED280 in cash plus receipts for the following expenditures: travel expenses AED 110; cleaning expenses AED 244; postage expenses AED 62; and miscellaneous expenses AED 413. The manager has decided to increase the fund to AED 1,200 on February 1. Required: 1. Prepare the journal entry to set up the fund on January 1, 2020 2. Prepare the journal entry to replenish the fund on January 31, 2020 3. Prepare the journal entry required to increase the fund to AED1,200 on February 1,2020 Copy the below journal template into your answer box Debit herein Title Credit CHICK Submit to completament 20 points n 3 -ear-end (December 31), ABC company estimates its bad debts as 0.7% of its annual credit sales of AED 1,500,000. ABC records its bad ts expense for that estimate. On the following March 1, ABC decides that the AED 5,000 account of Mohammed is uncollectible and writeit as a bad debt. On April 7, Mohammed unexpectedly pays the amount previously written off are the journal entries for these transactions. - the below Journal template into your answer box