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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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