Question 8 of 11 - /25 View Policies Current Attempt in Progress Blossom Retail Shop allows customers to use debit and bank credit cards as well as cash for purchases of merchandise. The company does not accept personal cheques. Blossom's bank charges $1.00 for every debit card transaction and 2% for bank credit card transactions, On July 1. the company esthelished a petty cash fund, Before it created the petty cash funct, cash was taken from the cash register whenever someone needed cash to pay for a small expense, The following transactions happened in July July 1 Established the petty cash fund by cashing a cheque for $210 Total sales for the week were 532.500. Customers paid for these purchases as follows: 511,500 in cash 39,000 on debit cards (120 transactions and the balance using bank credit cards Replenished the petty cash fund. On this date the fund consisted of $61 in cash and the following petty cash receipts 8 Question 8 of 11 - /25 II! (a) Record the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, eg. 5,275) Date Account Titles and Explanation Debit Credit July 1 Petty cash Cash July 8 Debit Card Credit Card Bent S (To record sales -/25 July 8 Freight Out Supplies Advertising Expense Portie Expenst Cash Over and Short Petry Cat July 15 > July 25