Hang Out Night Club maintains an imprest petty cash fund of $200, which is under the control of Sandra Morgan At March 31, the fund holds $19 cash and petty cash tickets for office supplies, $172 and delivery expense, 520 Read the requirements the 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 petty cash box contains This clearly identifies the and it is the system's main Internal control foature Requirement 2. Journalize the establishment of the petty cash fund on March 1 and the replenishment of the fund on March 31. (Record dobits first, then creditsSelect the explanation on the last line of the journal entry table> Begin by journalizing the establishment of the petty cash fund on March 1 Date Accounts and Explanation Debit Credit Mart Now journalize the replenishment of the fund on March 31 (Prepare a single compound journal entry) Date Accounts and Explanation Debit Credit Mar 31 Requirement 3. Prepare a T-account for Petly Cash, and post to the account What is the balance of the Potty Cash account at all times? Post the applicable entry to the Petty Cash T-account below Use a "Bal" reference to show the ending balance of the account Patty Cash Choose from any list or enter any number in the input neds and then continue to the next question Requirement 3. Prepare a T-account for Petty Cash and post to the account. What is the balance of the Petty Cash account at all times? Post the applicable entry to the Petty Cash T-account below Use a "Bal" reference to show the ending balance of the account Petty Cash What is the balance of the Petty Cash account at all times? The Petty Cash balance at all times is