On June 1, Bash Salad Dressings creates a petty cash fund with a balance of 5350. During June, Jackson Demers, the fund custodian, signs the following petty cash tickets the icon to view the petty cash ickets.) On June 30, prior to replenishment, the fund contains these tickets plus cash of $90. The accounts affected by petty cash payments are Onice Supplies, Travel Expense, Delivery Expense, Entertainment and Merchandise Inventory Read the requirements Complete requirements 2.3. & the journal entry in requirement Requirement 2. On June 30, how much cash should the petty cash fund hold before it is replenished? Before it is replenished, the potty cash fund should hold cash of Requirements. Journalize all required entries to create the fund and replenish it Include explanation Record debt first, the credits. Select the explanation on the last line of the journal entry table) Begin by oumazing the creation of the fund. Date Accounts and Explanation Debit Credit June 1. Explain the characteristics and the internal control features of an imprest fund. 2. On June 30, how much cash should the petty cash fund hold before it is replenished? 3. Journalize all required entries to create the fund and replenish it. Include explanations. 4. Make the July 1 entry to increase the fund balance to $450. Include an explanation, and briefly describe what the custodian does. Petty Cash Ticket Number Item Amount 101 $ 45 Office supplies Cab fare for executive 102 15 103 40 Delivery of package across town Business dinner 104 85 105 Merchandise inventory 105 th