Question: Can you explain the correct methodology to solve this general accounting problem? Mountain View Consulting established a petty cash fund of $800. At the end

Can you explain the correct methodology to solve this general accounting problem?

Mountain View Consulting established a petty cash fund of $800. At the end of the month, the fund contained $135 in cash and receipts for office supplies ($187), courier services ($226), and client meals ($242). What is the amount of the discrepancy in the petty cash fund

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