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TB MC Qu . 0 6 - 1 4 9 ( Algo ) Pelcher Company maintains a . . . Pelcher Company maintains a $

TB MC Qu.06-149(Algo) Pelcher Company maintains a...
Pelcher Company maintains a $485 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represent $127 for office supplies, $174 for merchandise inventory, and $87 for miscellaneous expenses. There is a cash overage of $7. The journal entry to replenish the fund on January 31 is:
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Debit Office Supplies Expense, $127; Debit Merchandise inventory, $174; Debit Miscellaneous expenses, $87; Debit Cash over and short, $7; Credit Petty cash, $395.
Debit Office Supplies Expense, $127; Debit Merchandise inventory, $174; Debit Miscellaneous expenses, $87; Debit Cash over and short, $7; Credit Cash, $395.
Debit Office Supplies Expense, $127; Debit Merchandise inventory, $174; Debit Miscellaneous expenses, $87; Credit Cash over and short, $7; Credit Petty cash, $381.
Debit Office Supplies Expense, $127; Debit Merchandise inventory, $174; Debit Miscellaneous expenses, $87; Credit Cash over and short, $7; Credit Cash, $381.
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