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Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $500. The fund was last reimbursed on

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Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $500. The fund was last reimbursed on November 30. At the end of December, the fund contained the following petty cash receipt December 4 December 7 December 12 December 18 Merchandise purchased Delivery expenne Purchase of office supplies Miscellaneous expense $48 $72 $37 $56 If, in addition to these receipts, the petty cash fund contains $275,50 of cash, the journal entry to reimburse the fund on December 31 will include: Multiple Choice A credit to Office Supplies Expense of $72. 59 O A credit to Cash of $224.50. tas a A debit to Petty Cash of $85. O A credit to Cash Over and Short of $11.50. A debit to Transportation-In of $85.

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