Kiona co. set up a petty cash fund for payments of small amounts. the following transactions involving the petty cash fund occurred in may (the last month of the company's fiscal year).may 1 prepared a company check for $300 to establish the petty cash fund.15prepared a company check to replenish the fund for the following expenditures made since may 1.a. paid $93.60 for janitorial services. b. paid $76.41 for miscellaneous expenses. c. paid postage expenses of $52.20.d. paid $68.58 to the county gazette (the local newspaper) for an advertisement. e. counted $23.01 remaining in the petty cash box.16prepared a company check for $200 to increase the fund to $500.31the petty cashier reports that $354.32 cash remains in the fund. a company check is drawn to replenish the fund for the following expenditures made since may 15.f. paid postage expenses of $53.73.g. reimbursed the office manager for business mileage, $42.78.h. paid $44.17 to deliver merchandise to a customer, terms fob destination.31the company decides that the may 16 increase in the fund was too large. it reduces the fund by $50, leaving a total of $450.