DE7-18 1. Describe how an imprest petty cash system works. What is the main control feature of an imprest system? 2. Atlantic Press Publishers maintains an imprest $400 petty cash fund, which is under the control of Brenda Chavez. At November 30, the fund holds $220 cash and petty cash tickets for travel expense. $80; office supplies, $60, and delivery expense. $40. Journalize

(a) establishment of the petty cash fund on November 1, and

(b) replen- ishment of the fund on November 30. 3. Draw a T-account for Petty Cash, and post to the account. What is Petty Cash's account balance at all times?