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3 years ago

Helping others who need help on the job is important, regardless of the cost to me.

Business

1 answer:

ella [17]3 years ago

3 0

Answer:

yes because on day u might need help and they are gonna help you back go good job

Explanation:

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Petty Cash Journal Entries

Sati [7]

Answer:

(a) January 1

Dr Petty cash $200

Cr Cash $200

B. January

Dr Phone Expense $17.50

Dr Automobile Expense 33

Dr Joseph Levine, Drawing 56

Dr Postage Expense 12.50

Dr Charitable Contributions Expense 15

Dr Miscellaneous Expense 49

Cr Petty cash 183

January 31

Dr Petty cash $183

Cr Cash $183

Explanation:

(a) Preparation of the journal entry to establish a petty cash fund

January 1

Dr Petty cash $200

Cr Cash $200

b. Preparation of the journal entry to replenish the petty cash fund.

January

Dr Phone Expense $17.50

Dr Automobile Expense 33

Dr Joseph Levine, Drawing 56

Dr Postage Expense 12.50

Dr Charitable Contributions Expense 15

Dr Miscellaneous Expense 49

Cr Petty cash 183

($17.50+33+56+12.50+15+49)

January 31

Dr Petty cash $183

Cr Cash $183

($17.50+33+56+12.50+15+49)

3 0

3 years ago

Simplex Healthcare had net income of $5,411,623 after paying taxes at 34 percent. The firm had revenues of $20,433,770.Its inter

Agata [3.3K]

Answer:

$9,032,853

Explanation:

Given:

Net income = $5,411,623

Taxes rate = 34% = 0.34

Revenues = $20,433,770

Interest expense for the year = $1,122,376

Depreciation expense = $2,079,112

Now,

Earnings before taxes (EBT) = $\frac{\textup{Net income}}{\textup{1-tax rate}}$

Earnings before taxes (EBT) = $\frac{\textup{5,411,623}}{\textup{1-0.34}}$

Earnings before taxes (EBT) = $8,199,428.78

EBIT = Earnings before taxes + Interest expenses

EBIT = $8,199,428.78 + $1,122,376

EBIT = $9,321,804.78

EBITDA = EBIT + Depreciation expense

EBITDA = $9,321,804.78 + $2,079,112

EBITDA = $11,400,916.78

Therefore,

The operating expenses = Revenue - EBITDA

The operating expenses = $20,433,770 - $11,400,916.78

The operating expenses = $9,032,853.22 ≈ $9,032,853

3 0

4 years ago

Where in the universe did the big bang take place?

Ipatiy [6.2K]

There's no exact spot that the Big Bang happened. In fact, the Big Bang happened everywhere in the Universe. The problem generally comes from the term "Big Bang". It brings to mind explosions, detonations, balloons being popped, and everything being blown out to chickenbasket hades.

6 0

3 years ago

Read 2 more answers

Equipment that cost $411000 and on which $194000 of accumulated depreciation has been recorded was disposed of for $173000 cash.

ANTONII [103]

Answer:

Given that,

Cost of equipment = $411,000

Accumulated depreciation = $194,000

Dispose accumulated depreciation for cash = $173,000

The Journal entry is as follows:

Cash A/c Dr. $173,000

Accumulated depreciation A/c Dr. $194,000

Loss in Disposal A/c Dr. $44,000

To Equipment a/c $411,000

(To record the accumulated depreciation and dispose off.)

Loss in Disposal:

= Cost of equipment - Accumulated depreciation - Dispose accumulated depreciation

= $411,000 - $173,000 - $194,000

= $44,000

6 0

4 years ago

Michelle always drives down Hampton Avenue to go to work. One morning, Michelle discovers that Hampton Avenue is closed at Wood

Soloha48 [4]

Answer:

she has formed a cognitive map of the area

Explanation:

A cognitive map is basically a mental map or representation of the physical surrounding area. If you have ever seen a lab rat trying to go through a maze, that is exactly what this is about. The ability to mentally represent of physical surroundings is very important, and not just to avoid traffic jams, but for our normal daily activities. We all know where the bathroom is, or the kitchen, and our rooms, etc., that is basically a cognitive map of our house.

7 0

3 years ago