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established a $300 petty cash fund James C Brown (JC) is the fund At the end of the week, the petty cash fund contains the

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established a $300 petty cash fund James C Brown (JC) is the fund At the end of the week, the petty cash fund contains the following Cash $171 Petty cash vouchers, as follows Identify three internal control weaknesses revealed in the given data. Prepare the general journal entries to record: Establishment of the petty cash fund. Replenishment of the fund Assume that petty cash ticket no. 47 was issued for the purchase of office supplies. What is the balance in the Petty Cash G/L account immediately before replenishment? Immediately after replenishment? Provide the journal entry necessary if you were to decrease the petty cash authorized amount to S250

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