Kael Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August.

August 1	Established the petty cash fund by writing a check payable to the petty cash custodian for $200.
August 15	Replenished the petty cash fund by writing a check for $175. On this date, the fund consisted of $25 in cash and these petty cash receipts: freight-out $74.40, entertainment expense $36, postage expense $33.70, and miscellaneous expense $27.50.
August 16	Increased the amount of the petty cash fund to $400 by writing a check for $200.
August 31	Replenished the petty cash fund by writing a check for $283. On this date, the fund consisted of $117 in cash and these petty cash receipts: postage expense $145, entertainment expense $90.60, and freight-out $46.40.

Instructions:

1) Journalize the petty cash transactions.

2) Post to the Petty Cash account.

3) What internal control features exist in a petty cash fund?