Part D: What is the petty cash balance immediately before reimbursement?

What is the petty cash balance immediately after reimbursement?

Beacon Enterprises established a $150 petty cash fund with Elly as the petty cashier. When the fund balance reached $19 cash, Elly prepared a petty cash payment report, as follows. Account charged Amount $ Receipt No. Approved by Received by 120 29 Elly Simon Delivery expense Merchandise inventory 130 18 Elly Daniella 150 Omitted 32 Elly Carl 160 Miscellaneous expenses 41 Ommited Winter Total 120 Required: Part A: Identify four internal control weaknesses from the payment report- [8 marks] Type answer here. Part B: Prepare journal entries to record establishment of the petty cash fund - [2 marks] Type answer here. Part C: Prepare general journal entries to record reimbursement of the fund. For this part only, assume that petty cash receipt number 150 was issued for miscellaneous expenses. - [5 marks)