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Help please Meng Company maintains a $305 petty cash fund. On January 31 , the fund is replenished. The accumulated receipts on that date represent
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Meng Company maintains a $305 petty cash fund. On January 31 , the fund is replenished. The accumulated receipts on that date represent $81 for office supplies, $162 for merchandise inventory, and $21 for miscellaneous expenses. There is a cash shortage of $10. The journal entry to replenish the fund on January 31 is: Multiple Choice Debit Office Supplles Expense, \$8t; Debit Merchalsilise inventory. $162; Debit Miscelianeous Expenses, \$21; Debit Cash Over and Shyit, \$10, Credit Petty Cash, \$274. Debit Otfice Supplies Expense, \$8t; Debit Merchandise inventory, 5162 ; Debit Micellaneous Expenses, \$2t; Credit Cash Over and Short, \$10, Credit Petty Cash, 5254. Debit Office Supples Expense, 581 , Debil Merchandse inventory. \$162; Debit Miscellaneous Expenses, \$21; Credit Cash Over and Short, \$10, Credit Cash, $254 Debit Oilice Supplies Expense, \$8t; Debit Merchandise Inventory, \$162; Deba Miscclaneous Expenses, \$21, Debit Cash Over and Short, \$10. Credit Cash, $274. Debit Oftice Supples Expense, 581; Debit Merchandise inwentory, \$162; Debit Miscellaneous Expenses. \$21; Credit Cash Over and Short. 510, Credit Petty Cash, $305 Step by Step Solution
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