Meng Company maintains a $355 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represent $91 for office supplies, $182 for merchandise inventory, and $31 for miscellaneous expenses. There is a cash shortage of $11. The journal entry to replenish the fund on January 31 is: The folling answer choices are provided below Debit Office Supplies Expense, $91; Debit Merchandise Inventory, $182. Debit Miscellaneous Experisas, $31, Credit Cash Over and Short $11, Credit Petty Cash, $355. Debit Office Supplies Expense, $91, Debit Merchandise Inventory, $182, Debit Miscellaneous Expenses, $3 Debit Cash Over and Short, $11, Creat Petty Cash, $315. Dobit Office Supplies Expense, $9 Deoit Merchandise Inventory, $182; Debit Miscellaneous Experises, $31, Debit Cash Over and Short, $t; Credit Cash, $315. Debit Office Supplies Expense. 59% Debit Merchandise Inventory, $182: Debill Miscelaneous Expenses $31 Credit Cash Over and Short, $11. Credit Petty Cash, $293 Debit Office Supplies Expense, 591; Dobil Merchandise inventory $82; Debt Miscellaneous Dipernes, $31 Credit Cash Over and Short, $11; Credit Cash. $299.
Meng Company maintains a $355 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represent $91 for office supplies, $182 for merchandise inventory, and $31 for miscellaneous expenses. There is a cash shortage of $11. The journal entry to replenish the fund on January 31 is: The folling answer choices are provided below Debit Office Supplies Expense, $91; Debit Merchandise Inventory, $182. Debit Miscellaneous Experisas, $31, Credit Cash Over and Short $11, Credit Petty Cash, $355. Debit Office Supplies Expense, $91, Debit Merchandise Inventory, $182, Debit Miscellaneous Expenses, $3 Debit Cash Over and Short, $11, Creat Petty Cash, $315. Dobit Office Supplies Expense, $9 Deoit Merchandise Inventory, $182; Debit Miscellaneous Experises, $31, Debit Cash Over and Short, $t; Credit Cash, $315. Debit Office Supplies Expense. 59% Debit Merchandise Inventory, $182: Debill Miscelaneous Expenses $31 Credit Cash Over and Short, $11. Credit Petty Cash, $293 Debit Office Supplies Expense, 591; Dobil Merchandise inventory $82; Debt Miscellaneous Dipernes, $31 Credit Cash Over and Short, $11; Credit Cash. $299.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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i need the answer quickly
![Meng Company maintains a $355 petty cash fund. On January 31, the fund is replenished. The
accumulated receipts on that date represent $91 for office supplies, $182 for merchandise inventory, and
$31 for miscellaneous expenses. There is a cash shortage of $11. The journal entry to replenish the fund
on January 31 is: The folling answer choices are provided below
Debit Office Supplies Expense, $91; Debit Merchandise Inventory, $182: Debit Miscellaneous Expensas, $31; Credit Cash Over and Short.
$11, Credit Petty Cash, $355.
Debit Office Supplies Expense, $91, Debit Merchandise Inventory, $182, Debit Miscellaneous Expenses. $3: Debit Cash Over and Short,
$11, Creat Petty Cash, $315.
Dobit Office Supplies Expense, $9%; Deoit Merchandise Inventory, $182; Debit Miscellaneous Experises, $31; Debit Cash Over and Short
$1; Credit Cash, $315.
Debit Ofice Supplies Expense, 59, Debit Merchandise Inventory, $182: Disbill Miscelaneous Excenses, $31, Credit Cash Over and Short,
$11, Credit Petty Cash, $293
Debit Office Supplies Expense, 591; Debil Merchandise inventory, $182; Debit Miscellaneous Expertes, $31 Credit Cash Over and Shart,
$11; Credit Cash, $298.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F23603c1a-b91a-4320-9fcc-6884c096e571%2Fc8f651f3-7efd-4550-ac91-b838d4ff553e%2Faij0h7_processed.png&w=3840&q=75)
Transcribed Image Text:Meng Company maintains a $355 petty cash fund. On January 31, the fund is replenished. The
accumulated receipts on that date represent $91 for office supplies, $182 for merchandise inventory, and
$31 for miscellaneous expenses. There is a cash shortage of $11. The journal entry to replenish the fund
on January 31 is: The folling answer choices are provided below
Debit Office Supplies Expense, $91; Debit Merchandise Inventory, $182: Debit Miscellaneous Expensas, $31; Credit Cash Over and Short.
$11, Credit Petty Cash, $355.
Debit Office Supplies Expense, $91, Debit Merchandise Inventory, $182, Debit Miscellaneous Expenses. $3: Debit Cash Over and Short,
$11, Creat Petty Cash, $315.
Dobit Office Supplies Expense, $9%; Deoit Merchandise Inventory, $182; Debit Miscellaneous Experises, $31; Debit Cash Over and Short
$1; Credit Cash, $315.
Debit Ofice Supplies Expense, 59, Debit Merchandise Inventory, $182: Disbill Miscelaneous Excenses, $31, Credit Cash Over and Short,
$11, Credit Petty Cash, $293
Debit Office Supplies Expense, 591; Debil Merchandise inventory, $182; Debit Miscellaneous Expertes, $31 Credit Cash Over and Shart,
$11; Credit Cash, $298.
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