Accounting petty cash transactions 1) on June 30, how much cash should petty cash fund hold before it is replenished ? 2) Journalize all required entries to (a) create the fund and (b) replenish it include explanations 3) make an entry on July 1 to increase the fund balance to $475 included explanation

1 Objective 4 , Cash CR 33158 P724A Accounting for petty cash transactions Suppose that on June 1, Jammin' Gyrations, a disc jocke ' Fund wrrh an imprest balance of $400. Duri signs the following petty cash tickets: 1 $ 20 2 Office party 10 3 Two boxes of stationery 35 4 Printer cartridges 25 5 Requirements 1. On June 30, how much cash should this petty cash fimd hold before it is replenished? 3, Journalize all required entries to (a) create the fund and (b) replenish it. Include explanations. fix Make entry on July 1 to increase the fund balance to $475. Include an explanation