Need help!
On June 1, Bash Salad Dressings creates a petty cash fund with an imprest balance of $600 .
During June, Jackson Demers, the fund custodian, signs the following petty cash tickets: (Click
the icon to view the petty cash tickets.) Read the requirements Requirement 1. Explain the
characteristics and the internal control features of an imprest fund. An imprest fund has fund
custodian is responsible. 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 Data table 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 $800 . Include an explanation, and briefly describe what the
custodian does..
Need help! On June 1- Bash Salad Dressings creates a petty cash fund w.pdf
1. Need help!
On June 1, Bash Salad Dressings creates a petty cash fund with an imprest balance of $600 .
During June, Jackson Demers, the fund custodian, signs the following petty cash tickets: (Click
the icon to view the petty cash tickets.) Read the requirements Requirement 1. Explain the
characteristics and the internal control features of an imprest fund. An imprest fund has fund
custodian is responsible. 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 Data table 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 $800 . Include an explanation, and briefly describe what the
custodian does.
