Answer:
On October 15
Travel expense $39
Delivery Expense $138
Office expense $214
Petty cash ($1000 - $400) $600
Cash over and short ($400 - $39 - $138 - $214 - $16) $7
To Cash $984
(Being the replenishment of the petty cash fund is recorded)
Explanation:
The journal entry is shown below:
On October 15
Travel expense $39
Delivery Expense $138
Office expense $214
Petty cash ($1000 - $400) $600
Cash over and short ($400 - $39 - $138 - $214 - $16) $7
To Cash $984
(Being the replenishment of the petty cash fund is recorded)
For recording this journal entry we debited the all expenses incurred plus the petty cash is also debited and cash is credited and the remaining balance is transferred to the cash over and short
30% off. 14,200 multiplied by 0.7 equals 9,940. 1.0 - 0.7 = 0.3
Answer: a. Issues
Explanation:
A Communication plan for a project allows for easier information flow between the stakeholders in the project including the client, the company and the workers.
By setting standards on how and what should be communicated the plan will let the stakeholders know how to communicate any issues affecting the project. The plan will also let the stakeholders know how to track issues that will be reported.
Answer:
$100
Mona Lisa painting
Explanation:
To start with, I will list the 3 primary functions of money, which are;
store of value,
unit of account, and
medium of exchange.
Going by the above, I would say that 2 of the 4 options presented before us are money, why so?
A $100 bill is definitely money, no much explanation is needed here, because it's used daily as a means of exchange between people
2. Euro is not a form of money in the US. While it is a form of money in many other places, it's not in the US because it doesn't satisfy the "medium of exchange" criteria of function of money. Euro can not be spent in a store or anywhere in the country, without it having been first exchanged into dollars
3. Mona Lisa painting, part of the functions of money is to store value, and I believe very much, a painting is a good store of money in that regard.
4. American Express credit card is not a form of money because unlike money
being used essentially, to pay for goods and services directly, a credit card is more or less, a store of wealth that is lent by the bank
