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Meng Company maintains a $340 petty cash fund, On January 31 , the fund is replenished. The accumulated receipts on that date represent $88 for
Meng Company maintains a $340 petty cash fund, On January 31 , the fund is replenished. The accumulated receipts on that date represent $88 for office supplies, $176 for merchandise inventory, and $28 for miscellaneous expenses. There is a cash shortage of $9. Based on this information, the amount of cash in the fund before the replenishment is: Multiple Choice 548. 5292 $39 5340 $57 Multiple Choice 58+20 56,920 16.400 54,400
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