Question: 3 . Propose a solution to each internal control problem. Accounting for petty cash transactions On September 1, Party Salad Dressings creates a petty cash
3 . Propose a solution to each internal control problem. Accounting for petty cash transactions On September 1, Party Salad Dressings creates a petty cash fund with an impres balance of $600. During September, Michael Martell, the fund custodian, signs t following petty cash tickets: Petty Cash Amount Ticket Number 101 102 103 104 105 Item Office supplies Cab fare for executive Delivery of package across town Business dinner Merchandise inventory $ 60 25 45 75
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