Turner Excavation maintains a checking account and has decided to ppen a petty cash fund. The follawing petty cash fund transactions accurred during July: July 2 Established a petty cash fund ty issuing Check No. 301 far $100. 5 Paid $25 fram the patty cash fund for pastage. Voucher No. 1. 7 Paid $30 fram the petty cash fund for delinery of flowers (Miscellanedus Experrse). Voucher Na. 2. B Paid $20 fram the petty cash fund to repair a tire on the company truck. Voucher Na. 3. 12 Paid $22 fram the petty cash furd for a newspaper advertisement. Voucher No. 4. 13 Issued Check Na. 303 to repleriish the petty cash fund. (Total and rule the petty cash payments record. Record the balance and the armount needed to replernish the fund in the Description column of the petty cash payments record.) 20 Paid $26 fram the petty cash fund to resimburse an emplayea far expernses incurred to repair the comparry truck. Voucher Na. 5. 24 Paid $12.50 fram the petty cash furd for phone calls made from a phoene boath. Voucher No. 6. 28 Paid $25 fram the petty cash furd as a contrution to the YMCA. Voucher Na. 7. 31 Issued Check No. 308 to replerish the pestly cash' fund. (Total and rule the petty caski payments record. Record the balance and the armount needed to replerisist the fund in the Description column of the petty cash payments record.) The following additional transactions occurred during July: July 5 Issued Check Na. 302 to pay uffice rent, $650. 15 Issued Check Na. 304 for affice equipment, S525. 17 Issued Check Na. 305 for the purchase of supplies, \$133. 18 Issued Check Na. 306 to pay attarney fees, \$1,000. 30 Issued Check Na. 307 to pay newspaper far an advertiserment, \$200.20. Required: 1. Record the perty cash transactions in a perty cash payments record. 2. Make a0 requlred general joumal entries for the cash transactions. (Note. The petty cash fund was established and repienished twice duning Jilin.) 3. The bank statement below was recelved in the mall. Deposits were made on July 6 for $3,500 and on duy 20 for $2,350. The dook balance on July 31 is \$4,351.55. Notce the discrepancy in Check No. So2 that cleared the bank for $055. This check was whitren on Juil 5 for rent expense, but was incorrectly entered on the check stub and in the joumal as so50. Frepare a dank reconcllation and make any necessary joumai entries as of Jiny 31. Dopositar Agmes and Bank Accopts Business Upan tha Terms and Conditians of Bank's Rules and Rogulations Now in Elfact or as May ba Heraaftar Adoptod. Labels and Amount Descriptions Labels Add Deduct Outstanding checks Amount Descriptions Bank service charge Deposit in transit Error on Check No. 302 Flowers Newspaper advertisement No. 306 No. 307 No. 308 Phone call Postage Received in fund Truck repair YNCA contribution Chart of Aocounts 1. Record the petty cash transactions in a petty cash payments record. Question not attempted. 3. Record any necessary joumal entries from the bank reconciliation as of July 31. Turner Excavation maintains a checking account and has decided to ppen a petty cash fund. The follawing petty cash fund transactions accurred during July: July 2 Established a petty cash fund ty issuing Check No. 301 far $100. 5 Paid $25 fram the patty cash fund for pastage. Voucher No. 1. 7 Paid $30 fram the petty cash fund for delinery of flowers (Miscellanedus Experrse). Voucher Na. 2. B Paid $20 fram the petty cash fund to repair a tire on the company truck. Voucher Na. 3. 12 Paid $22 fram the petty cash furd for a newspaper advertisement. Voucher No. 4. 13 Issued Check Na. 303 to repleriish the petty cash fund. (Total and rule the petty cash payments record. Record the balance and the armount needed to replernish the fund in the Description column of the petty cash payments record.) 20 Paid $26 fram the petty cash fund to resimburse an emplayea far expernses incurred to repair the comparry truck. Voucher Na. 5. 24 Paid $12.50 fram the petty cash furd for phone calls made from a phoene boath. Voucher No. 6. 28 Paid $25 fram the petty cash furd as a contrution to the YMCA. Voucher Na. 7. 31 Issued Check No. 308 to replerish the pestly cash' fund. (Total and rule the petty caski payments record. Record the balance and the armount needed to replerisist the fund in the Description column of the petty cash payments record.) The following additional transactions occurred during July: July 5 Issued Check Na. 302 to pay uffice rent, $650. 15 Issued Check Na. 304 for affice equipment, S525. 17 Issued Check Na. 305 for the purchase of supplies, \$133. 18 Issued Check Na. 306 to pay attarney fees, \$1,000. 30 Issued Check Na. 307 to pay newspaper far an advertiserment, \$200.20. Required: 1. Record the perty cash transactions in a perty cash payments record. 2. Make a0 requlred general joumal entries for the cash transactions. (Note. The petty cash fund was established and repienished twice duning Jilin.) 3. The bank statement below was recelved in the mall. Deposits were made on July 6 for $3,500 and on duy 20 for $2,350. The dook balance on July 31 is \$4,351.55. Notce the discrepancy in Check No. So2 that cleared the bank for $055. This check was whitren on Juil 5 for rent expense, but was incorrectly entered on the check stub and in the joumal as so50. Frepare a dank reconcllation and make any necessary joumai entries as of Jiny 31. Dopositar Agmes and Bank Accopts Business Upan tha Terms and Conditians of Bank's Rules and Rogulations Now in Elfact or as May ba Heraaftar Adoptod. Labels and Amount Descriptions Labels Add Deduct Outstanding checks Amount Descriptions Bank service charge Deposit in transit Error on Check No. 302 Flowers Newspaper advertisement No. 306 No. 307 No. 308 Phone call Postage Received in fund Truck repair YNCA contribution Chart of Aocounts 1. Record the petty cash transactions in a petty cash payments record. Question not attempted. 3. Record any necessary joumal entries from the bank reconciliation as of July 31