Answer:
The entry that should not be recorded is debit petty cash, $300
. Option A.
Explanation:
Vouchers recorded for expenses:
Postage
Business lunches
Delivery fees
Office supplies
The journal entry when recognizing expenditures from the petty cash fund should be as under:
Accounts
: Credit Debit
Postage $ 90
Business lunches $ 135
Delivery fees $ 80
Office supplies $ 45
Petty Cash $350
The entry that should not be recorded is debit petty cash, $300
Answer:
medical migration
Explanation:
Based on the scenario being described within the question it can be said that this is an example of medical migration. This term refers to when an individual moves from one country to another in order to receive specific medical attention that is either easier to attain or can only be attained in the country of destination. Such as Emily is doing by traveling to Argentina in order to get her surgery.
Answer: E. 18,000
Explanation:
Wesley Corporation has 80,000 shares of common stock authorized. This the total amount of common stock that is available for sale by the company.
Only 50,000 shares of common stock were issued and 12,000 shares of common stock as held as treasury stock.
Then the total number of outstanding shares of Wesley Corporation amounts to 80,000 - 50,000 - 12,000 = 18,000
Answer:
$10,527
Step by step Explanation:
Ist January to 31 August is 8 months
Therefore;
$54,000 x 12/8 = 81,000
15% x 50,000 = 7,500
25% x 25,000 = 6,250
34% x 6,000 = 2,040
7,500 + 6,250 + 2,040 = 15,790
Short period = 15,790 x 8/12 = $10,526.673.
Therefore The tax for this short period is $10,526.673 approximately $10,527
Answer:
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