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[The following information applies to the questions displayed below.] Austin Company established a petty cash fund by issuing a check for $270 and appointing Steve Mack as petty cash custodian. Mack had vouchers for the following petty cash payments during the month.

Stamps	$47
Miscellaneous items	21
Employee supper money	62
Taxi fare	42
Window-washing service	78

There was $17 of currency in the petty cash box at the time it was replenished.

The four distinct accounting events affecting the petty cash fund for the period were (1) establishment of the fund, (2) reimbursements made to employees, (3) recognition of expenses, and (4) replenishment of the fund. Assume the company uses a traditional approach to petty cash expense recognition and replenishment.

Required a. Prepare all general journal entries necessary to (1) establish the fund, (2) reimburse employees, (3) recognize the expenses and replenish the fund. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

c. Identify the event depicted in each journal entry recorded in Requirement (a) as asset source, asset use, asset exchange, or claims exchange. If no journal entry was recorded, choose no effect.

d. Show the effects of the events in Requirement (a) on the financial statements using a horizontal statements model. (In the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). Leave blank to indicate that an account was not affected by the event. Enter any decreases to account balances and cash outflows with a minus sign.)