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Homework: Problem 7-26A Save Score: 0 of 15 pts 1 of 1 (0 complete) HW Score: 0%, 0 of 15pts P7-26A (book/static) Question Help Suppose

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Homework: Problem 7-26A Save Score: 0 of 15 pts 1 of 1 (0 complete) HW Score: 0%, 0 of 15pts P7-26A (book/static) Question Help Suppose that on June 1, Rockin' Gyrations, a disc jockey service, creates a petty cash fund with an imprest balance of $300. During June, Michael Martell fund custodian, signs the following petty cash tickets (Click the icon to view the petty cash tickets.) On June 30, prior to replenishment, the fund contains these tickets plus cash of $140. The accounts affected by petty cash payments are Office Supplies, Entertainment Expense, and Postage Expense. Read the requirements Requirement 1. On June 30, how much cash should this petty cash fund hold before it's replenished? Before replenishment, the petty cash fund should hold cash of $ Enter any number in the edit fields and then click Check Answer Check Answer parts remaining Clear All Requirements 1. On June 30, how much cash should this petty cash fund hold before it 2. Journalize all required entries to (a) create the fund and (b) replenish it. 3. Make the entry on July 1 to increase the fund balance to $325. Include an is replenished? Include explanations. explanation. Print Done Data Table Petty Cash Ticket Number 1 2 3 Item Amount Postage for package received30 25 20 15 65 Office party Two boxes of stationery 4Printer cartridges Business dinner Print Done

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