the petty cash box:

Bills and coins counted P 1,450

Approved and signed petty cash vouchers dated June 2019 3,300

Approved and signed petty cash vouchers dated July 1-4, 2019 800

IOU from Joe Santos, an employee 1,400

A check drawn by Juvy Victoria, an employee, dated July 15, 2019 2,000

An unsigned pay envelope, payable to an employee on leave. The envelope has been opened and there was no money inside. Indicated in the envelope is the amount of P1,500.

Required:

1. Determine the amount of petty cash fund that will be included in the cash balance at June 30, 2019.

2. Determine the amount of cash shortage or overage