Tony's Dance Studio created a $$300$ imprest petty cash fund. During the month, the fund custodian authorized and signed petty cash tickets as follows:

$($Click the icon to view the petty cash tickets.$)$

Read the requirements.

Requirement $1.$ Make the general journal entry to create the petty cash fund. Include an explanation. $($Record debits first, then, credits. Select the explanation on the last line of the journal entry table.$)$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[,,.,],[,,,],[,,,],[,,,]]$

Data table

Requirements

$\backslash$table$[[\backslash$table$[[$Petty Cash$],[$Ticket No$.]],$Item,Account Debited,Amount$],[$Ticket No$.1,$Delivery of programs to customers,Delivery Expense,$$,20],[$Ticket No$.2,$Mail package,Postage Expense,,$30],[$Ticket No$.3,$Newsletter,Printing Expense,,$35],[$Ticket No$.4,$Key to closet,Miscellaneous Expense,,$55],[$Ticket No$.5,$Copier paper,Office Supplies,,$65]]$

Make the general journal entry to create the petty cash fund. Include an explanation.

Make the general journal entry to record the petty cash fund replenishment. Cash in the fund totals $$85.$ Include an explanation.

Assume that Tony's Dance Studio decides to decrease the petty cash fund to $$180.$ Make the general journal entry to record this decrease.