Indicate the impact each transaction had on net income. Note: Decreases to net income should be indicated with a minus sign. Transaction May 1) Prepared a company check for $550 to establish the petty cash fund. May 15) Prepared a company check to replenish the fund for the following expenditures made since May 1: $191 for janitorial services, $143 for miscellaneous expenses, postage expenses of $95, $48 to Facebook for advertising expense. Counted $87 remaining in the petty cash box. May 16 Prepared a company check for $250 to increase the fund to $800. May 31 The petty cashier reports that $320 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 $277, business mileage, $139, $46 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 $200, leaving a total of $600. Impact transaction has on income: Net income was unchanged Net income decreased by: Net income was unchanged Net income decreased by: Net income was unchanged Dates: April 30 In total, net income increased (decreased) by: Amount of increase (decrease) D UT (939) to: April

Indicate the impact each transaction had on net income. Note: Decreases to net income should be indicated with a minus sign