Strods Company set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash

fund occurred in May.

May $1$ Prepared a company check for $$450$ to establish the petty cash fund.

May $15$ Prepared a company check to replenish the fund for the following expenditures made since May $1.$

May $15$ a$.$ Paid $$148$ for janitorial services.

May $15$ b$.$ Paid $$111$ for miscellaneous expenses.

May $15$ c$.$ Paid postage expenses of $$74.$

May $15$ d$.$ Paid $$37$ to Facebook for advertising expense.

May $15$ e$.$ Counted $$88$ remaining in the petty cash box.

May $16$ Prepared a company check for $$150$ to increase the fund to $$600.$

May $31$ The petty cashier reports that $$24$ cash remains in the fund. A company check is drawn to replenish the fund for

the following expenditures made since May $15.$

May $31$ f$.$ Paid postage expenses of $$210.$

May $31$ g$.$ Reimbursed the office manager for business mileage, $$105.$

May $31$ h$.$ Paid $$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 $$120,$ leaving a

total of $$480.$

Indicate the impact each transaction had on net income.

Note: Decreases to net income should be indicated with a minus sign.

Dates:

April $30$

to:

April $30$