P$7\mathrm{.}5$B $($LO $1,2,3)$ AP Ramesh & Company allows customers to use debit and bank credit cards and cash for purchases of merchandise. The company does not accept personal cheques from customers. Ramesh's bank charges $$1\mathrm{.}25$ for every debit card transaction and $2\mathrm{.}5\%$ for credit card transactions.

Record debit

petty cash tra

internal cont

On May $1,$ the company established a petty cash fund. Before it created the petty cash fund, cash was taken from the cash register whenever someone needed cash to pay for a small expense.

The following transactions happened in the first two weeks of May:

May $1$ Established the petty cash fund by cashing a cheque for $$250.$

$8$ Total sales for the week were $$35,000.$ Customers paid for these purchases as follows: $$11,500$ in cash, $$10,250$ on debit cards $(122$ transactions$),$ and the balance using bank credit cards.

$8$ Replenished the petty cash fund. On this date, the fund consisted of $$75$ in cash and the following petty cash receipts:

$\backslash$table$[[$Delivery expense,$$60$