You are placed in charge of a $$200$ petty cash fund. On December $31,20-2,$ at the end of the fiscal year, $$30$ in currency and coin remain in the fund. The expenditures from the fund up to this point were $$105$ for office supplies and $$65$ for delivery expense $($ignore HST$).$ You do not have the fund replenished until January $6,20-3.($A$-8)$

Explain why the petty cash fund should have been replenished on December $31,202.$ Quote the above situation in detail and do the journal entry