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Requirement General Journal General Ledger Trial Balance Impact on income Indicate the impact each transaction had on net income. Enter decreases to net income as

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Requirement General Journal General Ledger Trial Balance Impact on income Indicate the impact each transaction had on net income. Enter decreases to net income as negative values. 15 points Dates: May 01 to: May 31 Transaction Impact transaction has on income: Amount of increase (decrease) s May 1) Prepared a company check for $450 to establish the petty cash fund. eBook Net income was unchanged Ask May 15) Prepared a company check to replenish the fund for the following expenditures made since May 1: $148 for janitorial services, $111 for miscellaneous expenses, postage expenses of $74. sza Net income decreased by: $37 for an advertisement. Counted $88 remaining in the petty cash box. Print May 16 Prepared a company check for $150 to increase the fund to $600. IN Net income was unchanged References 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, S105 $35 to deliver merchandise to a customer, terms FOB destination Net income decreased by: May 31 The company decides that the May 16 increase in the fund was too large. It reduces the fund by $120, leaving a total of $480. Net income was unchanged In total, net income increased (decreased) by: $

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