P8-2A Forney Company maintains a petty cash fund for small expenditures. The follow ing transactions occurred over a 2-month July 1 Established petty cash fund by writing a check on Scranton Bank for $200. period 15 Replenished the petty cash fund by writing a check for $196.00. On this date the fund consisted of $4.00 in cash and the following petty cash receipts: freight-out $92.00, postage expense $42.40, entertainment expense $46.60, and miscellaneous expense $11.20. Replenished the petty cash fund by writing a check for $192.00. At this date, the fund consisted of $8.00 in cash and the following petty cash freight-out $82.10, charitable contributions expense $45.00, postage expense $25.50, and miscellaneous expense $39.40. Replenished the petty cash fund by writing a check for $187.00. On this date, the fund consisted of $13.00 in cash and the following petty cash receipts: freight-out $77.60, entertainment expense $43.00, postage expense $33.00, and miscellaneous expense $37.00. Increased the amount of the petty cash fund to $300 by writing a check for 31 receipts: Aug. 15 16 $100 Replenished the petty cash fund by writing a check for $284.00. On this date, 31 the fund consisted of $16 in cash and the following petty cash receipts: postage expense $140.00, travel expense $95.60, and freight-out $47.10 Instructions (a) Journalize the petty cash transactions. (b) Post to the Petty Cash account. What internal control features exist in a petty cash fund? aOn May 31, 2017, Reber Company had a cash balance per books of $6.781.50. The Pre and (LO Statement from New York State Bank on that date showed a balance of $6,404.60. A arison of the statement with the Cash account revealed the following facts. bank 1. The thecktatement included a debit memo of $40 for the printing of additional company