a. How did the u O Increase O Decrease 0 No effect b. What is the amount of total petty cash expenses to be recognized during Apri? (Round your answer to 2 decimal places.) c. When are petty cash expenses recognized (at the time of establishment, reimbursement, or replenishment)? OEstablishment O Reimbursement OReplenishment Consider the following events: 1. A petty cash fund of $200 was established on April 1, Year 1 2. Employees were reimbursed when they presented petty cash vouchers to the petty cash custodian 3. On April 30, Year 1, the petty cash fund contained vouchers totaling $196.50 plus $2.20 of currency Required Answer the following questions: a. How did the establishment of the petty cash fund affect (increase, decrease, or have no effect on) total assets? O Increase O Decrease O No effect b. What is the amount of total petty cash expenses to be recognized during April? (Round your answer to 2 decimal pl to expense c. When are petty cash expenses recognized (at the time of establishment reim