+ On June 1, Party Salad Dressings creates a petty cash fund with an imprest balance of $600. During June, Ruth Mangan, the 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 $395. The accounts affected by petty cash payments are Office Supplies, Travel Expense, Delivery Expense, Entertainment Expense, and Merchandise Inventory. Read the requirements. Requirement 1. Explain the characteristics and the internal control features of an imprest fund. An imprest fund has balance at all times, which equals the sum of plus the that support payments from the fund. The internal control feature of an imprest fund is that it the amount of money for which the fund custodian is rocnancible Requirement 2. On Ju Before it is replenished Data Table X Requirement 3. Journa first, then, credits. Selec Petty Cash Ticket Number Item Amount Begin by journalizing th Ticket No. 101 Office supplies $ Ticket No. 102 Cab fare for executive Date Ticket No. 103 Delivery of package across town June 1 Ticket No. 104 Business dinner Ticket No. 105 Merchandise inventory 90 80228 30 15 25 70 Print Done Journalize the replenishment of the fund. (Prepare a single compound journal entry.) Date Accounts and Explanation Debit Credit s. (Record debits Choose from any list or enter any number in the input fields and then continue to the next