in May May 1 Prepared a company check for $480 to establish the petty cash fund. b. Paid $100 for miscellaneous expenses May 16 the fund to $60e to net the impact each transaction had on net in v to: May 31 May 1) made since $66, $33 for an a of $210 May 16 Prepared a company check for $200 to increase the fund to $600. May 31 The petty cashier reports that $240 cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures made since May 15 postage expenses of $210, business mileage, $105, $35 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 $440 In total, net income increased (decreased) by: $ 0 Trial