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3 years ago

A company set-up a petty cash fund with $800. The disbursements are as follows:

Business

1 answer:

Radda [10]3 years ago

7 0

Answer:

Petty Cash

Explanation:

The fundamental principle of accounting is credit the giver and debit the receiver. In this instance petty cash is giving out money to Office Supplies, Shipping, Postage and Delivery expense

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On January 1, 2021, Everglade Company purchased the following debt securities and properly accounted for them as securities avai

hammer [34]

Answer:

Unrealized gain = $12,000

Explanation:

Security Cost A Fair value B Unrealized amount (B-A)

ABC $40,000 $55,000 $15,000

DEF $72,000 $65,000 -$7,000

XYZ $16,000 $20,000 <u>$4,000</u>

Total <u>$12,000</u>

So, the unrealized gain to be recorded is $12,000

4 0

3 years ago

_____ in the emails serve the same role that headlines do in newspapers and magazines.

Anastaziya [24]

Subject lines in the emails serve the same role that headlines do in newspapers and magazines.

Subject lines are the short and single line sentence or phrase seen as the title of an email when received. They do the same purpose as that of the headlines of a newspaper. Newspaper headlines provide a brief idea of the news below it. It is also made attractive. The same goes with the subject line of an email. It needs to be catchy as well as compact. It gives the overall idea of the content of the email to the receiver.

Learn more about emails at brainly.com/question/16936700

#SPJ4

5 0

2 years ago

You're trying to choose between two different investment, both of which have up – front costs of $45,000. investment g returns $

DochEvi [55]

Amount invested in both schemes is $45,000
returns in investment g is 75,000 in 6 years.
yearly return is:
75000/6=12,500

returns in investment h is 105,000 in 9 years
yearly return is:
105,000/9
=11,666.67

from the above results we can conclude that investment g has the higher returns.

4 0

3 years ago

Is the loss in efficiency due to market power large or small? explain. the loss in efficiency due to market power is?

saul85 [17]

Answer:

Small

Explanation:

Competition limits the market power, even when the market is not perfectly comparative.

Market power refers to a company's relative ability to manipulate the price of an item in the marketplace by manipulating the level of supply demand or both.

A company with substantial market power has the ability to manipulate the market price and thereby control its profit margin, and possibly the ability to increase obstacle to potential new entrants into the market.

5 0

3 years ago

If one-year nominal interest rate in the U.S. is 3%, while the one-year nominal interest rate in Australia is 5%. The spot rate

Mariana [72]

Answer:

to get 5,00,000 australian dollar at the forward rate we are goign to need 4,704,000 US dollars

Explanation:

spot x (1 + (US rate - Australia rate) x time)

0.96 x (1+(0.03-0.05)x1 year) =

0.96 x 0.98 = 0.9408 forward exchange rate

$5,000,000 Australian Dollar * 0.9408 = 4,704,000 US dollars

3 0

3 years ago