Champ's Pet Emporium uses a petty cash system. For the month of July, they have the...

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Champ's Pet Emporium uses a petty cash system. For the month of July, they have the following receipts in the petty cash box: July Item 4 paper clips 7 copier paper 11 Snow shovel 13 cleaning supplies 22 Orangeabee's 25 Pappa's Pizza Purpose office use $ office use snow clearing office cleaning $ customer meeting $ Staff meeting $ Amount $ $ 14.81 18.79 33.27 32.08 62.14 29.91 General Ledger expense accounts are, as follows: Office Supplies Expense Meetings Expense Maintenance Expense Advertising Expense The opening balance of the petty cash fund was $200 and the amount of cash remaining at the end of the month is $12.41. The company wants to reduce the petty cash fund to $150. REQUIRED: Prepare a General Journal entry to replenish the petty cash fund for the month of July and adjust it to the new desired level. (5 marks) Champ's Pet Emporium uses a petty cash system. For the month of July, they have the following receipts in the petty cash box: July Item 4 paper clips 7 copier paper 11 Snow shovel 13 cleaning supplies 22 Orangeabee's 25 Pappa's Pizza Purpose office use $ office use snow clearing office cleaning $ customer meeting $ Staff meeting $ Amount $ $ 14.81 18.79 33.27 32.08 62.14 29.91 General Ledger expense accounts are, as follows: Office Supplies Expense Meetings Expense Maintenance Expense Advertising Expense The opening balance of the petty cash fund was $200 and the amount of cash remaining at the end of the month is $12.41. The company wants to reduce the petty cash fund to $150. REQUIRED: Prepare a General Journal entry to replenish the petty cash fund for the month of July and adjust it to the new desired level. (5 marks)