Question # 5 Following is information on the Waterton Company. Required: Prepare general journal entries to a) record the creation of the petty cash fund and b) record the replenishment of the petty cash fund at the end of May. On May 1, 2017, the Waterton Company decided to create a petty cash fund in the amount of $200. . . During the month of May the fund was used for the following items. Printer paper 24.95 (Office Supplies): Printer cartridge - 53.95 (Office Supplies); pizza for a staff meeting 43.00 (Entertainment Expense); shipping charges for merchandise sent to a customer - 19.95 (Delivery Charges.; freight charges on incoming inventory - 40.00 (Merchandise Inventory). . . . On May 29, the bookkeeper reconciled the petty cash fund after finding only the receipts and a $20 bill in the petty cash box