Background: balance of $300. During June, Michael Martell, fund each transaction. Click Post Transaction once you complete the entry, custodian, authorized the petty cash activities listed in the Transactions then repeat these steps for each transaction. section below. 2. Click the Reports tab and review the results of recording these transactions on the General Ledger. 3. Click Submit Work when complete. Transactions: 06/01/2018 Rockin' Gyrations creates a petty cash fund with an imprest balance of $300. 06/30/2018 Michael Martell, fund custodian, replenishes the petty cash fund. The fund currently holds $140 in cash and petty cash tickets for the following items: postage for package received, $30; office party / business dinner, $90; stationary and printer cartridges, $35. 07/01/2018 Rockin' Gyrations decided to increase the imprest balance of the petty cash fund to $325