<span>Lucinda could buy either 2 kewpie dolls and 1 beanie baby, or 1 beanie baby and 2 kewpie dolls at $6 a piece if she has $18. Rationally, Lucinda would want at least one of each toy. Whether she went with the first or second option the amount she would spend would be as follows: $6Ă—3 toys=$18.</span>
The man forgot all of his worries while he was on his vacation.
Answer:
No effect
Explanation:
As with opening of petty cash fund, there is an exchange in the form of asset.
The free cash is now divided in two parts, cash and petty cash.
Both are assets and the closing balance of cash in balance sheet is aggregate of free cash and petty cash.
Therefore, there is no impact in the total assets as now free cash is petty cash which is later added to free cash.
Answer:To keep their money safe
Explanation:They would put it in there so their money will be kept safe
Answer:
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Explanation:
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