1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kryger [21]
2 years ago
7

The custodian of a $450 petty cash fund discovers that the fund has $65 in coins and currency plus $382 in receipts at the end o

f the month. The entry to replenish the petty cash fund will include:
Business
1 answer:
Mandarinka [93]2 years ago
8 0

The entry to replenish the petty cash fund will include a credit to cash for $385.

What is petty cash fund?

When regular purchasing techniques are impractical, such as when buying office supplies or paying employees, a tiny sum of money called petty cash is utilized instead.

The entry to replenish the petty cash fund amount will include:

Fund amount : $450 - Used

Fund amount  :$450 - $382 = 68

cash on hand - remaining ; $68 - $65 = $3

Used + remaining ; $382 + $65 = 385

As a result, a credit to cash for $385.

Learn more about on petty cash fund, here:

brainly.com/question/23864192

#SPJ1

You might be interested in
You have decided that you want to be a millionaire when you retire in 45 years.
fiasKO [112]

Answer and Explanation:

The computation is shown below:

We use the formula that is given below:

Invested amount = $1,000,000 present value

Present value = 1 ÷ (1 + rate of interest)^number of years

a.

The amount invested is

= $1,000,000 ÷ (1.1104)^45

= $8,983.07

b,

The amount invested is

= $1,000,000 ÷ (1.0552)^45

= $89,111.71

4 0
3 years ago
Sean and Jenny own a home in Boulder City, Nevada, near Lake Mead. During the year, they rented the house for 40 days for $3,000
Dmitry_Shevchenko [17]

Answer:

Sean and Jenny

The deductible net loss for the rental of their home is:

= $18,241.

Explanation:

a) Data and Calculations:

Number of days for rent of $3,000 collected = 40 days

Number of personal use of house = 18 days

Total number of days that the house was in use = 58 days

House Expenses:

Mortgage interest $14,000

Property taxes          3,500

Utilities                       1,100

Maintenance             1,300

Depreciation          10,900

Total expenses  $30,800

Proportion of house expense:

Rental use =       $21,241 (40/58 * $30,800) 69%

Personal use =   $9,559 (18/58 * $30,800)   31%

Total expense $30,800

The deductible net loss for the rental of their home is $18,241 ($3,000 - $21,241).

8 0
3 years ago
A dot plot titled Miles Emilia Ran Each Week going from 1 to 6. 1 has 2 dots, 2 has 3 dots, 3 has 2 dots, 4 has 2 dots, 5 has 3
ipn [44]

Answer:

The true statement is " The spread is from 1 to 6."

Explanation:

Consider the provide information.

First we will draw the dot plot as shown in the figure.

Now consider the options.

The data is not symmetric as for the symmetry the dots over 1 should be equal to the dots over 6. i.e 4.

Now find the center of the data by calculation the median of the data.

There are 16 dots in total which is an even number.

So, now we will find the average of the two middle values.

This will be the 8th and 9th value average for the given data set of 16 values.

Count from left to right the 8th and 9th values are both 4.

\text{Median}=\frac{4+4}{2}

\text{Median}=4

Hence, the center of the data is 4.

The second statement is false.

The peak of the data is at 6.

The third statement is false.

The spread is from 1 to 6 as we can see in the figure shown below.

Therefore, the true statement is " The spread is from 1 to 6."

8 0
3 years ago
Read 2 more answers
Assume that the cost of aluminum used by​ soft-drink companies increases. Indicate which of the following statements describing
spayn [35]

Answer:

a. false

b. true

c. true

d. false

Explanation:

a. The first statement is false as the demand for the soft drink do not declines

b. The second statement is true as the quantity demanded decreased

c The third statement is true as the supplied decreased

d. The fouth statement is false as the quantity suppied do not decline

Therefore the option b and C are correct and option A and D are incorrect

5 0
3 years ago
For workers, "going on strike" means
scZoUnD [109]

Hello.

For workers, "going on strike" means refusing to work until certain demands are met. An example being a bunch of protesters wanting a payraise.

5 0
3 years ago
Other questions:
  • The financial reporting (disclosure) system is based on the electronic data tagging language called
    5·1 answer
  • Emma is ready to open a new checking account and is trying to decide between three banks using the chart below: Bank R Bank S Ba
    6·2 answers
  • Other things equal, if there is an increase in nominal GDP, bond prices will rise. the interest rate will rise. consumption spen
    12·1 answer
  • Market bubbles such as the technology bubble of the 1990s and the housing bubble of 2004-2007 are best explained byA) the effici
    10·1 answer
  • Abc company sells 4,530 chairs a year at an average price per chair of $175. the carrying cost per unit is $39.27. the company o
    15·1 answer
  • What are the characteristics of successful budgets? What can you do to cultivate these successful characteristics in your own mo
    11·1 answer
  • Which of the following is the least effective way to reach a potential sales prospect?
    11·2 answers
  • Using the information below for Singing Dolls, Inc., determine the total manufacturing costs incurred during the year: Work in P
    6·1 answer
  • Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to c
    11·1 answer
  • Suppose the digby company begins to compete through good designs, high awareness and easy accessibility for their existing produ
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!