Requirements 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 $750. Include an explanation, and briefly describe what the custodian does. Print Done nal entry.) pit Credit Data Table efor Petty Cash Ticket Number Item Amount Ticket No. 101 Office supplies $ it. In 50 Ticket No. 102 Cab fare for executive 40 Ticket No. 103 Delivery of package across town 30 Ticket No. 104 Business dinner 55 Ticket No. 105 Merchandise inventory 90 Print Done entry) Lure 1. Faberte polycash fund with an imprehlance of 5000. During Juno, Al Frariin, the fundador, sign the following pretty cash Click the sento vw the polych) On June 30, prior to replenishment, the fund contains the tickets plus cash of $300. The accounts affected by petych peryments are Office Supplies Travel Expense, Delivery Exper Entertainment and the Requirement 1. Explain the characteristics and the teamal control fours of an imprestfund Animundas balance at all times, which equals the sum of that support payments from the fund. The internal control futuro del an imported that the amount money for which the fund custodian is responsible Requirement 2. On June 30, how much should the polych fund hold before it is replenished Berished the pellyath fund should hold chef Requirements. Jomarit required tries to create the fund and replenish it include exploration Record dit first, then, croche portion on the listine of the many Begin toyuming the motion of the fund Dee Acourt and Explanation Debat Credit et the report the land compound by Accounts and Explanation Credo Choose from any or any number in the fields and then continue to the 888 & % 5 CA # 3 8 4 Read the requirements. Journalize the replenishment of the fund. (Prepare a single compound joumal entry.) Date Accounts and Explanation Debit Credit June 30 Requirement 4. Make the July 1 entry to increase the fund balance to $750. Include an explanation, and briefly describe Make the entry July 1 to increase the fund balance to $750. Debit Credit Date Accounts and Explanation July 1 Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 4. Make the July 1 entry to increase the fund balance to $750. Include an explanation, and briefly describe what the custodian does Make the entry July 1 to increase the fund balance to $750 Accounts and Explanation Debit Credit July 1 Date Briefly describe what the custodian does. The custodian the check and places of currency and coin Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Air 000 esc SO ES F3 ring # $ %
