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Pelcher Company maintains a $420 petty cash fund On January 31, the fund is replenished. The accumulated receipts on that date represent $114 for
Pelcher Company maintains a $420 petty cash fund On January 31, the fund is replenished. The accumulated receipts on that date represent $114 for office supplies, $148 for merchandise inventory, and $74 for miscellaneous expenses. There is a cash overage of $6 The journal entry to replenish the fund on January 31 is Mutiple Choice Debit Office Supplies Expense. St14, Debit Merchandise inventory, $148: Debit Miscelaneous expenses, $74; Debit Cash over and short, $6; Credit Cash $342 Debit Office Supplies Expense, S114, Debit Merchandise inventory, $148. Debit Miscellaneous expenses. 574, Debit Cash over and short, $6, Credit Petty cash, $420 Debit Office Supplies Expense, $114, Debit Merchandise inventory, $148, Debit Miscellaneous expenses, $74, Crest Cash over and short, $6 Credit Cash, $330 Debit Office Supplies Expense, $114: Debit Merchandise inventory, $148. Debit Miscellaneous expenses, $74, Debit Cash over and short. $6. Crede Petty cash, $342 Debit Office Supplies Expense, $114; Debit Merchandise inventory, $148, Debit Miscellaneous expenses, $74, Credit Cash over and short, $6 Credit Petty cash, $330
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