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lakkis [162]
3 years ago
11

The entry to establish a petty cash fund includes:___________

Business
1 answer:
guapka [62]3 years ago
7 0

Answer:

c) a debit to Petty Cash and a credit to Cash.

Explanation:

According to the golden rule of double of entry that a giver should be credited while a receiver is debited, the cash account is the giver in this case would be credited while the receiver,the petty cash account would be debited on the other hand.

The correct option which corroborates my explain above is option C.

Option A is wrong because the reverse was the case.

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Jpmorgan chase operates outside of the united states explain how it competes and its strategy in one specifi country?
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In Brazil, Chase's strategy is to focus on providing competitive online solutions, moving away from physical banks.  

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3 years ago
If you have a long position in a foreign currency, you can hedge with:_____.
arlik [135]

In forex trading When someone is holding a long position in a foreign currency, then the person can hedge with a short position in a currency forward contract.

What do we mean by long position in a foreign currency?

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At a long on a currency, one is try to bet the base currency, that it will strengthen compared with the quote currency.

Learn more about foreign currency here;

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8 0
2 years ago
Employment in service occupations refers to______​
jok3333 [9.3K]
Refers to you having a job going hopefully this helped
3 0
4 years ago
if Dawn's disposable income increases from $30,000 to $35,000 what is his marginal propensity to consume if he spends $4,000 of
irina [24]

Answer:

Marginal Propensity to Consume = 0.8

Explanation:

Marginal propensity to consume (MPC) exhibits consumer's spending behavior as to what percentage of extra dollar is spent from extra dollar of income.

MPC is calculated as Increase in consumption divided by increase in income.

MPC: Increase in consumption / increase in income: 4,000 / 5,000

MPC = 0.8

8 0
4 years ago
4r^3t^2 – 6t^2r^3 + 3rt – 16<br> answer this prob<br> also rate how i look 1-10
amm1812

Answer:10

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