Pelcher Co. maintains a $400 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represent $110 for office supplies, $140 for merchandise inventory, and $70 for miscellaneous expenses. There is a cash overage of $4. The journal entry to replenish the fund on January 31 is:

(a). Dr. Office Supplies. $110; Dr. Merchandise inventory. $140; Dr. Miscellaneous expenses. $70; Dr. Cash over and short. $4: Cr. Cash. $324.

(b). Dr. Office Supplies. $110; Or. Merchandise inventory, $140; Dr. Miscellaneous expenses, $70; Cr. Cash over and short. $4; Cr. Petty cash, $316.

(c). Dr. Office Supplies. $110; Or. Merchandise inventory, $140; Dr. Miscellaneous expenses. $70; Cr. Cash over and short, $4; Cr. Cash, $316.

(d). Or. Office Supplies. $110: Dr. Merchandise inventory, $140; Dr. Miscellaneous expenses, $70; Dr. Cash over and short, $4; Cr. Petty cash. 5400.

Answer rating: 100% (QA)

a office supplies 11... View the full answer