TB MC Qu. 06-146 (Algo) Meng Company maintains a... Meng Company maintains a...
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Accounting
TB MC Qu. 06-146 (Algo) Meng Company maintains a...
Meng Company maintains a $345 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represent $89 for office supplies, $178 for merchandise inventory, and $29 for miscellaneous expenses. There is a cash shortage of $7. Based on this information, the amount of cash in the fund before the replenishment is:
Multiple Choice
$345.
$296.
$49.
$56.
$42.
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