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Wong Co. maintains a $300 petty cash fund. On January 31, th…

Posted byAnonymous March 30, 2021March 31, 2021

Questions

Wоng Cо. mаintаins а $300 petty cash fund. On January 31, the fund is replenished. The accumulated receipts оn that date represent $80 for office supplies, $160 for merchandise inventory, and $20 for miscellaneous expenses. There is a cash shortage of $8. Based on this information, the amount of cash in the fund before the replenishment is:

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Tags: Accounting, Basic, qmb,

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