View transaction list View journal entry worksheet No Account Title Debit Credit Date May 01 450 Petty cash Cash 450 2 May 15 Janitorial expenses Miscellaneous expenses Postage expenses Advertising expense Cash 79 39 395 3 May 16 150 Petty cash Cash May 31 Postage expenses Mileage expense Delivery expense 210 105 35 5 May 31 120 Cash Petty cash 120 Requirement General Ledger > JUUMAI Leugel Come Indicate the impact each transaction had on net income. Decreases to net income should be indicated with a minus sign. to: May 31 - Dates: May 01 Amount of increase (decrease) Transaction Impact transaction has on income: 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: $158 for janitorial services, $119 for miscellaneous expenses, postage expenses of $79, $39 to Facebook for advertising expense. Counted $63 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 $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, $105, $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. In total, net income increased (decreased) by: $