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19. Ferguson Co. has a $410 petty cash fund. At the end of the first month the accumulated receipts represent $64 for delivery expenses, $211

19.

Ferguson Co. has a $410 petty cash fund. At the end of the first month the accumulated receipts represent $64 for delivery expenses, $211 for merchandise inventory, and $33 for miscellaneous expenses. The fund has a balance of $102. The journal entry to record the reimbursement of the account includes a:

Debit to Petty Cash for $410.

Debit to Cash Over and Short for $102.

Credit to Cash for $308.

Credit to Inventory for $211.

Credit to Cash Over and Short for $102.

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