Question: Requirements 1. Identify three internal control weaknesses revealed in the given data. 2. Journalize the following transactions: a. Establishment of the petty cash fund on

 Requirements 1. Identify three internal control weaknesses revealed in the given
data. 2. Journalize the following transactions: a. Establishment of the petty cash
fund on January 12. b. Replenishment of the fund on January 31.
Assume petty cash ticket no. 47 was issued for the purchase of

Requirements 1. Identify three internal control weaknesses revealed in the given data. 2. Journalize the following transactions: a. Establishment of the petty cash fund on January 12. b. Replenishment of the fund on January 31. Assume petty cash ticket no. 47 was issued for the purchase of supplies. 3. What is the balance in the Petty Cash account immediately before replenishment? Immediately after replenishment? Mordla Corperabion established a 5500 pettly cash fund on January 12, 2025 Kendra Morola (KM) is the fund custodian. At the end of the month, the petticcash fund contains the following: Yewtherinformation, Requirement 1, Select the three internal control weaknesses feveled in the given data. Morolia Copprastion estabished a $500 petty cash fund on January 12, 2025. Kendra Morolia (KM) is the fund custodlan. At the end of the month, the petty cash fund contains the following: Vew the informution Requirement 1. Select the three internal control woaknesses revedod in the given data A. Penty cash ticket no. 48 is mithing Thore is no indication of what happened to this ticket. B. The sum of the pety cash fickets exceeds the imprest balance, indicating thut the petty cash asset has not been property saleguarded. C. The fund custodian should not authorize petfy cash tickets. Since KM authorized three of the four petty cash payments, a separation of dutien issue exists D. Putly cash bickot no, 47 doens not indicate which account to debit on the actual ticket. Information a. Cash: $342

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