16. Downtown Gifts established a $500 petty cash fund. The following expenditures were made from the fund: $ Office supplies Shipping expense Maintenance expense Miscellaneous expense 125 183 38 46 A count of the cash in the fund revealed a balance of $99, Required: a) Show the effect of establishing the fund on the accounting equation b) For what amount must the check be written to replenish the fund? c) Prepare the journal entry to record the recognition of expenditures paid from the fund and replenishment of the fund