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credits. Data Table d. anatio Petty Cash Ticket Number 101 102 103 104 105 Amount S 20 15 40 75 60 Item Office supplies Cab
credits. Data Table d. anatio Petty Cash Ticket Number 101 102 103 104 105 Amount S 20 15 40 75 60 Item Office supplies Cab fare for executive Delivery of package across town Business dinner Merchandise inventory 1. Explain the characteristics and the intemal control features of an imprest fund. 2. On June 30, how much cash should the petty cash fund hold before it is 3. Journalize all required entries to create the fund and replenish it. Include 4. Make the July 1 entry to increase the fund balance to $500. Include an explanation, and briefly describe what the custodian does. Print Done
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