Chen Company established a $175 petty cosh fund on January 1 Year 1. Required a. Is the establishment of the petty cash fund an asset source, use, or exchange transaction? b. Show the establishment of the petty cash fund in a horizontal statements model. c. Record the establishment of the fund in general joumal format. Complete this question by entering your answers in the tabs below. Show the establishment of the petty cash fund in a horizontal statements model. (In the Statement of Cash Flows column, use the initial for investing activity, FA for financing activity, and leave blank for not affected. Fnter any decreases to account batances with a minus sig Journal entry worksheet Record entry for petty cash fund. Note: Enter debits before credits. Chen Company established a $175 petty cash fund on January 1, Year 1. Required a. Is the establishment of the petty cash fund an asset source, use, or exchange transaction? b. Show the establishment of the petty cash fund in a horizontal statements model. c. Record the establishment of the fund in general journal format. Complete this question by entering your answers in the tabs below. Is the establishment of the petty cash fund an asset source, use, or exchange transaction? Is the establishment of the petty cash fund an assot source, use, or exchange transaction