1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Slav-nsk [51]
3 years ago
14

An imprest petty cash fund of​ $600 was established for minor disbursements. At the end of the​ month, the fund included petty c

ash tickets for the purchase of​ $200 in​ supplies, $73 for​ meals, $82 for​ fuel, and​ $67 for taxi fare. How much cash should be left in the​ fund?
A.
​$1022
B.
​$600
C.
​$178
D.
​$245
Business
1 answer:
Yuliya22 [10]3 years ago
5 0

Answer:

C. $ 178

Explanation:

The total minor disbursements from the petty cash fund need to be aggregated.

Purchase of supplies                                            $ 200

Meal expenses                                                     $    73

Fuel expenses                                                      $    82

Taxi fare                                                                 <u>$   67</u>

Total disbursements                                            $ 422

Petty cash fund                                                      $ 600

Cash left in hand = Value of petty cash fund - Disbursements

$ 600 - $ 422 = $ 178                  

You might be interested in
Please determine which economic feature is described by the statements below. A __________ occurs as the result of a significant
Dafna11 [192]

Answer: Recession; Depression; Peak ; Trough

Explanation:

The business cycle is the short-term movement of the economy as it goes in and out of recession.

A recession is the significant decline in the national output. Die to recession, there are less consumption by consumers and this negatively affects the national output.

A depression is a lengthy and deep decline in the output of an economy. When there's a long time contractions in economic activities, depression has taken place.

A peak is the highest point of output before the start of a recession. It is when growth and reached its maximum rate in an economy.

Trough is the lowest point of output when there is a recession. It is the lowest point when there's a decline in economic activities.

4 0
3 years ago
Read 2 more answers
On April 1, 20Y8, Maria Adams established Custom Realty. Maria completed the following transactions during the month of April:
KiRa [710]

Answer:

Cash + Supplies = Accounts Payable + common stock - dividends + sales commission - Rent expense.

$20,000 + 2,520 = $2,520 - $1,590 + 25,700 - $5,040 - $8,000 - $2,420 - $1,160 - $3,030 - $850

Explanation:

The effect of transaction is listed above. The effect will be on the balance sheet. These transaction have impacts on various accounts assets side is impacted and liability side is impacted. Equity is affected when there is payment of dividends and stock capital issuance.

4 0
2 years ago
Which choice best describes labor laws passed during the New Deal?
Airida [17]
The answer would be

 A. union-friendly 

because during the new deal labor laws that favored unions were passed 
3 0
2 years ago
Read 2 more answers
13. Once a firm decides to enter an industry and chooses a market in which to compete, it must gain an understanding of its comp
Irina18 [472]

Answer: Strategic Analysis.

Explanation: Strategic analysis is the process that firms use to study and understand the many different aspects of their competitive environment. This analysis involves the process that focus on researching an organization’s business environment within which it operates. It is an essential tool in formulating strategic planning for decision making and smooth working of the business organization.

Strategic analysis refers to the process of conducting research on a company and its operating environment within which its operates to formulate a strategy. Strategic analysis helps define a strategy that will help stand out from the competitors and to also remain competitive. Another important function of strategic analysis is the prediction of future events and the planning of an alternative approach if the first fail to deliver.

4 0
3 years ago
A contingent liability is an obligation that should be: Question 2 options: A) Recorded in the accounts and classified in a cont
tester [92]

Answer:

D) Recorded in the accounts if the amount may be reasonably estimated and it is probable that the future event creating the obligation will occur

Explanation:

This is the best answer to the question

6 0
2 years ago
Other questions:
  • g One of the advantages to using common-sized income statements for analysis is _____________________ Group of answer choices a.
    6·1 answer
  • On June 8, Alton Co. issued an $88,500, 7%, 120-day note payable to Seller Co. Assume that the fiscal year of Seller Co. ends Ju
    15·1 answer
  • Match each of the global business practices with an example of its use.
    5·1 answer
  • Stock A's stock has a beta of 1.30, and its required return is 12.00%. Stock B's beta is 0.80. If the risk-free rate is 4.75%, w
    14·1 answer
  • An FI purchases at par value a $100,000 Treasury bond paying 10 percent interest with a 7.5 year duration. If interest rates ris
    11·1 answer
  • ASC 480-10 provides guidance on determining whether (1) certain financial instruments with both debt-like and equity-like charac
    9·1 answer
  • Question 2 of 10
    11·1 answer
  • In the BCG Matrix, cash cows are: _____________
    11·1 answer
  • 4. Profit maximization and loss minimization
    11·1 answer
  • contains funds you have in your bank checking account as travelers' checks and the currency in circulation in the economy.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!