1. Hiring of external auditors to review the adequacy of controls 2. Personnel policies 3. Safeguarding inventory in a locked warehouse Prepare journal entries for each of the following: a. Issued a cheque to establish a petty cash fund of $300. b. The amount of cash in the petty cash fund is $95. Issued a cheque to replenish the fund, based on the following summary of petty cash receipts: store supplies, $120, and miscellaneous selling expense, $75. Record any missing funds in the cash over/ short account. The following items may appear on a bank statement: tion of an error from posting another customer's cheque to the company's