Questions#1,2,3,4

Question#1 Mong Company maintains a $210 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represent $82 for office supplies. 5154 for merchandise inventory, and 522 for miscelaneous expenses. There is a cash shortage of 58 The journal entry to replenish the fund on January 31 is Dobit Office Supples Expense, Sez. Debit Merchandise Inventory: $164 Debit Miscellaneous Expenses. $22. Debit Cash Over and Short 58. Credit Potty Cash $276. Debit Office Supplies Expense. 82Debit Merchandise lewentory, $164, Debt Miscellaneous Expenses. $22. Credit Cash 260 Debit Office Supplies Bepense sez. Debit Merchandise Inventory, $164; Debit Miscellaneous Expemer. 522. Credit Cash Over and Short $8 Credit Petty Cash, $260. Debit Office Supplies Expense, $82: Debit Merchandise Inventory, 5164: Debit Miscellaneous Expenses. $22-Debit Cash Over and Short SB. Credit Cash $276. Debit Office Supplies Expense, $82: Debit Merchandise inventory, $154, Debit Miscellaneous Expenses. $22. Credit Cash Over and Short $8: Credit Petty cash. $310. Question#2 Claybom Company deposits all cash receipts on the day they are received and makes a cash payments by check At the close of business on May 31, its Cash account shows a debit balance of $18,525. Clayborn's Maybank statement shows a $12000 balance in the bank. Determine the adjusted cash balance using the following information Deposit in transat $ 5,650 Outstanding checks $ 4,900 Bank service fees, not yet recorded by company $ 40 A NSF check from a custoner, not yet recorded by the company $ 735 The adjusted cash balance should be A) $17,750 B) $12,100 C)$22,650 D)$17,775 E)$18,485 Question#3 Franklin Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on August 31, its Cash account shows a debit balance of $15.662. Franklin's August bank statement shows a $16.237 balance in the bank. Determine the adjusted cash balance using the following information Deposit in transit $ 5,250 Outstanding checks $ 4,400 Bank service fees, not yet recorded by company $ 75 The bank collected on a note receivable, not yet recorded by the company 5 1,500 The adjusted cash balance should be A) $21,487 B) $11,837 C) $17,162 D) $15,587 E) $17,087 Question#4 Havermill Company establishes a $320 petty cash fund on Septembert. On September 30, the fund is replenished. The accumulated receipts on that cote represents for Repairs Expense 5151 for merchandise inventory, and $20 for miscellaneous expenses. The fund has a balance of $60. On October the accountant determines that the fund should be increased by 564 The journal entry to record the remowsement of the Mand on September 30 includes A) Debit to Repairs Expense for $80 B) Credit to Merchandise Inventory for $151 C) Credit to Cash for $320 D) Debit Petty Cash for $260 E) Credit to Cash for $60