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Can someone help me with these please? Thanks! Hang Out Night Club maintains an imprest petty cash fund of $250, which is under the control

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Hang Out Night Club maintains an imprest petty cash fund of $250, which is under the control of Sandra Morgan. At March 31, the fund holds $24 cash and petty cash tickets for office supplies, $217, and delivery expense, $20. Read the requirements. Requirement 1. Complete the following to explain how an imprest petty cash system works. Maintaining the Petty Cash account at its is the nature of an imprest system. The imprest system requires that, the petty cash box contains This clearly identifies the , and it is the system's main internal control feature. following to explain how an imprest petty cash system works. is the nature of an imprest system. This clearly identifies the bank balance em's main internal contro designated balance reconciled balance equirements. cash and petty cash tickets that total the amount of the imprest balance cash and petty cash tickets that total the cash in the checking account petty cash tickets that total the amount of the imprest balance petty cash tickets that total the cash in the checking account amount of cash for which the custodian is responsible amount of cash in the bank account at month end

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