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hos GL P6-2 GL0601 - Based on Problem 6-2A LO P2 Carter Co set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May 1 Prepared a company check for 5500 to estable the petty cash fund. May 15 Prepared a company check to replenish the fund for the following expenditures made since May 1. .. Paid 9177 for janitorial services. b. Pald 8133 forcella expenses. c. Tad postage expenses of 189. d. Pald 31 to Facebook for advertising expense. .. Counted 565 remaining in the petty cash box. May 16 Prepared a company check for $200 to increase the fund to $700. May 31 The petty cashier reports that $200 cah remain in the fund. A company check is drawn to replenish the fund for the following spenditures de ince ay 15. Faid pole expenses of 24. 9. Bersed the orice for business ileage $123 b. Paid 541 to deliver merchandise to a customer, ters on destination. May 31 The company decides that the May 16 increase in the funds too large. It reduces the fund by $160, Leaving a total of 5540. Trul Balance Journal - Indicate the impact each transaction had on net income. Decreases to net income should be indicated with a minus sign. Dates: May 01 to: May 31 Impact transaction has on Amount of increase Transaction May 1) Prepared a company check for $500 for $500 ty m May 15) Prepared a company check to replenish the land for the following expenditures made since May 15177 for stort services. $133 for o us expenses postage expenses of SOR, 544 to Facebook for advertising expense. Counted $65 remaining in the petty cash bor May 16 Prepared a company check for $200 to increase the fund to $700. May 31 The petty cashier reports that $200 cash remain in the land. A company check is drawn to replenish the fund for the following expenditures made in May 15 ponge penses of business mileage $123 341 to deliver merchandise to a customer terms FOB destination May 31 The company decides that the May 16 Increase in the funds to large It reduces the fund by $160, laving a total of 5540 In total, net income increased decreased) by: S