what internal control features exist in a petty cash fund 572042

Aug.

1

Established the petty cash fund by writing a check on Central Bank
for $200.

15

Replenished the petty cash fund by writing a check for $175. On this
date, the fund consisted of $25 in cash and these petty cash receipts:
freight out $74.40, entertainment expense $41, postage expense $33.70
and miscellaneous expense $27.50.

16

Increased the amount of the petty cash fund to $400 by writing a check
for $200.

31

Replenished the petty cash fund by writing a check for $283. On this
date, the fund consisted of $117 in cash and these petty cash receipts:
postage expense $145, entertainment expense $90.60, and freight out
$46.40.