* eBook Calculator Recording Petty Cash Fund Transactions Illustrate the effect on the accounts and financial statements of the following transactions. If no account or activity is affected, select "No effect" from the dropdown and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. a. Established a petty cash fund of $1,750. Balance Sheet Statement of Cash Flows Assets Liabilities + Stockholders' Equity Income Statement Cash & + Petty Cash No Effect No Effect 1,750 Statement of Cash Flows Income Statement b. The amount of cash in the petty cash fund is now $394. Replenished the fund, based on the following summary of petty cash receipts: office supplies purchased, $699; miscellaneous selling expense, $263; miscellaneous administrative expense, 5394. Enter account decreases and cash outflows as negative amounts