Pelcher Co. maintains a $400 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represent $110 for office supplies, $140 for merchandise inventory, and $70 for miscellaneous expenses. There is a cash overage of $4.
- Based on this information, the amount of cash in the fund before the replenishment is:
A) $400.
B) $320.
C) $84.
D) $76.
E) $80.
Correct Answer:
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