QUESTION # 2 Danish Company maintains a petty cash fund for small expenditures. The following transactions occurred over a 2-month period 1-Jul-18 Established petty cash fund by writing a check on Cubs Bank for $1,900.00 15-Jul-18 $1,852.50 $47.50 Replenished the petty cash fund by writing a check for On this date the fund consisted of Cash in hand Petty cash receipts for Freight out Postage exepnses Entertainment expenses Miscellaneous expenses $893.00 $442.70 $399.95 $106.40 $1,842.05 31-Jul-18 $1,814.50 $85.50 Replenished the petty cash fund by writing a check for On this date the fund consisted of Cash in hand Petty cash receipts for Office supplies expenses Postage exepnses Repair expenses Miscellaneous expenses $779.95 $427.50 $243.20 $374.30 $1,824.95 Increased the amount of the petty cash fund to $2,850 by writing a 2-Aug-18 check for $950.00 15-Aug-18 $2.698.00 $152.00 Replenished the petty cash fund by writing a check for On this date the fund consisted of Cash in hand Petty cash receipts for Telephone expenses Travel expenses Freight out Miscellaneous expenses $1,330.00 $908.20 $257.45 $190.00 $2,685.65 Instructions: (a) Journalize the adjusting entries in the books of Danish Company