66) Samson Company had the following balances and transactions during 2014: Beginning Merchandise Inventory March 10 une 10 October 30 o units at $95 Sold 8 units rchased 20 units at $100 15 units What is the amount of Merchandise Inventory balance sheet as per the periodic first-in, first-out (FIFO) costing method? A) S475 B) $500 C) $665 D) $700 the company's Merchandise Inventory, as disclosed in the December 31, 2014 company has a petty cash fund amount of $300. When replenished, it has petty cash receipts of $30 or postage expense, $16 for supplies expense and $10 for miscellaneous expenses. for gas expense, $32 f the cash balance is not over or short. In the journal entry, Cash would be credited with: A) $88 B) $72 C) $62 D) $78 68) The petty cash fund had an initial imprest balance of $200. It currently has $17 in cash, $3 in miscellaneous cash receipts and an additional $180 in specific cash receipts. The debit to Cash Short & Over would be: A)$0. B) $17, C) $180. D) $183. 69) A petty cash fund was established with a $350 balance. It currently ha tickets totaling $309. Which of the following would be included in the entry to replenish the fund A) a credit to Petty Cash for $309 B) a debit to Petty Cash for $41 s cash of $41 and petty cash C) a credit to Cash for $41 D) debits to various expenses for $309 70) A company that uses the periodic inventory method provided the following information: 1. Beginning inventory $4,000 2. Purchases $120,000 3. Purchase discounts $2,400 21