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

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Accounting

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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 Purpose Amount 4 paper clips office use $ 14.81 7 copier paper office use $ 18.79 11 Snow shovel snow clearing $ 33.27 13 cleaning supplies office cleaning $ 32.08 22 Orangeabee's customer meeting $ 62.14 25 Pappa's Pizza Staff meeting $ 29.91 ESTE elle 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

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