MainCo Company's accounting policies require the company to maintain a petty cash balance of $235. MainCo's junior accountant reviews the content of the petty cash box at June 30 to find receipts for...

MainCo Company's accounting policies require the company to maintain a petty cash balance of $235. MainCo's junior accountant reviews the content of the petty cash box at June 30 to find receipts for purchases of office supplies of $40, shipping supplies of $30 and a left over balance in cash of $7.50. What entry would you make to replenish the petty cash fund at June 30?

Multiple Choice

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  Office Supplies Expense	40
  Shipping Supplies Expense	30
  Petty Cash		70

  
  
  
  


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  Cash	158
  Petty Cash		158

  
  
  
  


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  Office Supplies Expense	40
  Shipping Supplies Expense	30
  Cash over and short	157.5
  Cash		227.5

  
  
  
  


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  Office Supplies Expense	40
  Shipping Supplies Expense	30
  Cash over and short	88
  Cash		158

  
  
  
  


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  Petty Cash	220
  Cash		220