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Fequirement 1, teplain the charactoristics and the interns. corbol features of an mpecst fund: An mpretilund hos buarice at all trenes, which equals the sum

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Fequirement 1, teplain the charactoristics and the interns. corbol features of an mpecst fund: An mpretilund hos buarice at all trenes, which equals the sum of plas the that support pujents from the fund. The insernal control feature of an moreat ind is that a the artount of meney for which the fund custodian is res ponsible. Requirement 2 On June 30 , how much cash should the petly cash fund hodd telore is is replenished? Edore is roplenthed, the petry castifind thoud held cash of Bepin by joumaluing the croation of the fund (Click the icon to viow the perty cash liciets) Entartanment Expense, and Merchandite imvetiony. Journalize the replenishment of the fund. (Prepare a single compound journal entry.) Requirement 4. Moke the Juy 1 entry to increase the fund balance to $375, Indudo an explanation, and briefly describe what the custodian does. (Record dobits first, then, crodits Select the explanation on the last line of the pourtal entry table.) Make the entry Juy 1 lo increase the fund balance fo $375 Briefly describe whit the custodian does: The custodian the chack arit ikices of curoncy and coin

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