Show the establishment of the petty cash fund in a horizontal statements model. $($In the Statement of Cash Flows column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity, and leave blank for not affected. Enter any decreases to account balances with a minus sign.$)$

CHEN COMPANY

Statements Model

Balance Sheet Income Statement Statement of Cash Flows

Assets $=$ Liabilities $+$ Stockholders' Equity Revenue $$ Expenses $=$ Net Income

Cash $+$ Petty Cash

$(475)+475=(475)+475=$ IA