Pelcher Company maintains a $425 petty cash fund. On January 31, the fund is replenished....
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Accounting
Pelcher Company maintains a $425 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represent $115 for office supplies, $150 for merchandise inventory, and $75 for miscellaneous expenses. There is a cash coverage of $9. Based on the information, the amount of cash in the fund replenishment is
$425
$340
$85
$76
$94
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