Austin Co. established a petty cash fund by issuing a check for $294 and appointing Steve Mack as petty cash custodian. Mack had vouchers for the following petty cash payments during the month:

Stamps	$	51
Miscellaneous items		25
Employee supper money		66
Taxi fare		46
Window-washing service		82

There was $22 of currency in the petty cash box at the time it was replenished.

d. Show the effects of the events in Requirement a on the financial statements using a horizontal statements model like the following one. (In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). Use NA to indicate that an account was not affected by the event. Enter any decreases to account balances with a minus sign.)

Effect of Events on the Financial Statements Assets No Liab. + Equity Rev. Exp. Net Inc. Cash Flow Cash + Petty Cash 1. 2. 3