Exercise 6-13A (Algo) Effect of establishing a petty cash fund LO 6-4 Chen Company established a $550 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 the following horizontal statements model: 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? 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 the following hatizontal statements model: Complete this question by entering your answers in the tabs below, Show the establishment of the petty cash fund in the following horizontal statements model: Note: Enter any decreases to account balances with a minus sign. For changes on the Statement of Cash Flows, indicate whether the item is an operating activity (OA), if activity (tA), financing activity (FA), or leave the cell blank if there is no effect