Hall Company set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May. May 1 Prepared a company check for $500 to establish the petty cash fund. May 15 Prepared a company check to replenish the fund for the following expenditures made since May 1. May 15 a. Paid $174 for janitorial services. May 15 b. Paid $131 for miscellaneous expenses. May 15 c. Paid postage expenses of $87. May 15 d. Paid $44 to Facebook for advertising expense. May 15e. Counted $75 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 $280 cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures made since May 15. May 31f. Paid postage expenses of $244. May 31 g. Reimbursed the office manager for business mileage, $122. May 31h. Paid $40 to deliver merchandise to a customer, terms FOB destination. May 31 The company decides that the May 16 increase in the fund was too large. It reduces the fund by $160, leaving a total of $540. General Journal tab - Prepare the necessary journal entries. General Ledger and Trial balance tabs -Review the general ledger and trial balance tabs. Impact on Net Income tab - Calculate the impact each entry had on net income, if any. Journal entry worksheet Prepared a company check for $500 to establish the petty cash fund. Note: Enter debits before credits. Journal entry worksheet Prepared a company check for $500 to establish the petty cash fund. Note: Enter debits before credits. Journal entry worksheet Prepared a company check for $500 to establish the petty cash fund. Note: Enter debits before credits. Journal entry worksheet Prepared a company check for $500 to establish the petty cash fund. Note: Enter debits before credits. Journal entry worksheet Prepared a company check for $500 to establish the petty cash fund. Note: Enter debits before credits. See how your entries updated the account balances. See how your entries updated the trial balance. Indicate the impact each transaction had on net income. Decreases to net income should be indicated with a minus sign