A company needs to replenish its $500 petty cash fund. Its petty cashbox has $75 cash and petty cash receipts of $430. The journal entry to replenish the fund includes: A dobil to Cash Ovor and Short for $5 Acredit to Cash for $75 A crebit to Petty Cash for $420 A credin to Cash Over and Short for $5 Beginning inventory and purchases for the month of May are as follows: Table 3 On May 31 it was determined that there were 25 units on hand. Cost of goods sold for the month of May, using the periodic weighted average method would be: Round all calculation to the nearest cent (two decimal places) $2,076.67
$1,475.00
$2,038.75
$2,065.00
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