Pelcher Co. maintains a $470 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represent $124 for office supplies, $168 for merchandise Inventory, and $84 for miscellaneous expenses. There is a cash overage of $10. Based on this information, the amount of cash in the fund before the replenishment Is: Multiple Choice $94. $84. O O $470. $376. $104.
Pelcher Co. maintains a $470 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represent $124 for office supplies, $168 for merchandise Inventory, and $84 for miscellaneous expenses. There is a cash overage of $10. Based on this information, the amount of cash in the fund before the replenishment Is: Multiple Choice $94. $84. O O $470. $376. $104.
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 4EA: Record the following transactions: A. Started a petty cash fund in the amount of $500. B....
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