sh2 c. Identify the events depicted in Requirement a as asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE).Complete this question by entering your answers in the tabs below.Required A Required CIdentify the events depicted in Requirement a as asset source (AS), asset use (AU), asset exchange (AE), or claims exchange(CE).Note: Select "NE" if there is no effect.Event Number Type of Event1.2.3.4 Austin Company established a petty cash fund by issuing a check for $300 and appointing Steve Mack as petty cash custodian. Mackhad vouchers for the following petty cash payments during the month:StampsMiscellaneous itemsEmployee supper moneyTaxi fareWindow-washing serviceThere was $21 of currency in the petty cash box at the time it was replenished.$6220705075The four distinct accounting events affecting the petty cash fund for the period were (1) establishment of the fund, (2) reimbursementsmade to employees, (3) recognition of expenses (Note: all expenses are recorded in total as miscellaneous expense), and (4)replenishment of the fund. Assume the Company uses the traditional approach to petty cash expense recognition and replenishment.

Companies utilize a petty cash system as a way to manage often occurring little costs. Even though…

c. Identify the events depicted in Requirement a as asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE). Complete this question by entering your answers in the tabs below. Required A Required C Identify the events depicted in Requirement a as asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE). Note: Select "NE" if there is no effect. Event Number Type of Event