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Gala2k [10]
3 years ago
6

Which of the following is correct regarding a petty cash fund? A petty cash fund is used for minor purposes. A petty cash fund r

epresents cash on hand at the business for quick access. When cash from this fund is taken out, it should be replaced with a voucher. All of the answers are correct regarding a petty cash fund.
Business
1 answer:
Harlamova29_29 [7]3 years ago
3 0

Answer:

The correct answer is letter "D": All of the answers are correct regarding a petty cash fund.

Explanation:

Petty cash funds are sums of money that are useful for businesses to take care of small payments. These payments are too low to allow a check to be written for payment. In some businesses, each department maintains its own small cash box for expenses such as office supplies per unit.

For accounting purposes, transactions involving petty cash are documented only when the petty cash was totally spent and a new fund is to be created and recorded with a voucher.

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To enable remarketing in Google Analytics, what must first be enabled? A) Advertising Reporting Features B) Demographics and Int
Sauron [17]

Answer:

A. Advertising Reporting features and

C, Google Ads or display & video 360 account.

Explanation:

To enable re-marketing of google analytics, the first thing to enable is the advertising reporting features. This can be done by modifying your property settings or tracking code. This allows analytics to collect more information on web activity.  

Google Ads or display is a way of advertising online to increase one's  marketing efforts while video 360 account is a tool that assists creative or media or advertisement teams to successfully advertise.

I hope this helps.  

7 0
3 years ago
On August 1, 2009 a company issues bonds with a par value of $600,000. The bonds mature in 10 years, and pay 6% annual interest,
Leya [2.2K]

Answer:

discount on BP   8,000 debit

cash                592,000 debit

bond payable                       600,000 credit

-to record issuance of the bonds--

interest expense     15,416.67 debit

  interest payable                     15,000      credit

  discount on BP                           416.67 credit

--to record year-end adjustment entry--

interest payable   15,000      debit

interest expense   3,083.33 debit

  cash                                       18,000    credit

  Discount on BP                         416.67 credit

-to record first interest payment to bondholders--

Explanation:

proceeds from the bonds:  592,000

face value of the bonds.    (600,000)

discount on BP                        (8,000)

We amortize over the life of the bond in equal parts:

8,000 / 20 payment (10years x 2 payment per year) = 500

interest accrued from August 1st to December 31th:

face value x rate x time accrued

600,000 x 6% x 5/12 = 15,000

accrued proportional amortization

amortizationfor 6 months x accrued month

from Augsut 1st to December 31th

500 x 5/6 = 416.67

February 1st payment:

600,000 x 6% x 1/12 = 3,000 interest expense

cash outlay:

600,000 x 6% x 6/12 = 18,000

amortization 500 - 416.67 = 83.33

8 0
3 years ago
When reviewing your client's search network campaign, you notice that an ad in one of the ad groups has a lower average position
svlad2 [7]
The automated bid strategy that the person should use is the target search page location. This will allow the ads that are being displayed to find a better location or where it could be seen by the internet users. It will be most likely be placed on the top pages or the most used sites in the internet, in which it will produce the ad to be found in the most researched pages.
8 0
3 years ago
Other than the economic indicators discussed in this chapter, what are some other data items that might be used to measure busin
astra-53 [7]
That's a hard one sorry
5 0
3 years ago
Arbor Corporation reports the following: Sales revenue $183,000; ending inventory $12,600; beginning inventory $15,600; purchase
spin [16.1K]

Answer: Cost of goods sold = $62500

Explanation:

Given that,

Sales revenue = $183,000

Ending inventory = $12,600

Beginning inventory = $15,600

purchases = $64,000

purchases discounts = $4,000

purchase returns and allowances = $1,500

freight-in = $1,000

freight-out = $500

Cost of goods sold = Beginning inventory + purchases - purchases discounts - purchase returns and allowances + freight-in - Ending inventory

= $15,600 +  $64,000 - $4,000 - $1,500 + $1,000 - $12,600

= $62500

4 0
3 years ago
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