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Trava [24]
4 years ago
13

A petty cash fund of $100 is replenished when the fund contains $14 in cash and receipts for $94. The entry to replenish the fun

d would A. credit Cash Over and Short for $2. B. credit Miscellaneous Revenue for $2. C. debit Cash Over and Short for $2. D. credit Cash Over and Short for $8.
Business
1 answer:
blondinia [14]4 years ago
7 0

Answer:

C.​ Debit to Cash Over and Short for $2.

Explanation:

The term cash over and short refers to an expense account that is used to report overages and shortages to an imprest account such as petty cash. The cash over and short account is used to record the difference between the expected cash balance and the actual cash balance in the imprest account.

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Profession in medical are not practiced for money but for public welfare​
adoni [48]

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That's true but some people do it for money

if a Doctor decrease his price than poor people can get a better health care for them it.

Explanation:

It has been said that a profession is not a trade and not an industry .

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4 0
3 years ago
Read 2 more answers
Can someone please help me on this
olya-2409 [2.1K]

Answer:

The question that corresponds to this is

Explanation:

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3 years ago
Angel venture capitalists have invested more in start-up firms than institutional venture capital firms.
ikadub [295]
Thank you for posting your question here at brainly. The answer to the question you've asked is   "A.True"    I hope I've helped!~ Brainliest appreciated.
7 0
3 years ago
2. Why might it be a plus for a company to have such a high share price that trading in its stock is discouraged? What drawbacks
Strike441 [17]

While a high share price discourages trading in the company's stock, it advertises the company's stellar performance to existing and potential investors.

 

A high share price also discourages corporate takeovers, assuring the jobs of senior management. Existing investors can realize some quick gains by selling their shares at high profits.

 

2. The drawback of having a high share price is that investors willing to sell off their shares cannot do so because potential buyers are discouraged. Another disadvantage is that it puts much pressure on the management to maintain the entrenched performance level. Any subsequent fall in prices will not meet favorable reviews.

 

Thus, there are pluses and minuses to having a high share price.

Learn more: brainly.com/question/19717466

6 0
3 years ago
Marigold Co. reports the following information for 2020: sales revenue $780,800, cost of goods sold $519,000, operating expenses
siniylev [52]

Answer:

Explanation:

The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.  

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issued shares  

Before preparing the statement of stockholders’ equity we need to calculate the net income or net loss as the case may be. The computation is shown below:

Net income = Sales revenue - cost of goods sold - operating expenses

                    = $780,800 - $519,000 - $88,800

                    = $173,000

The preparation of the statement of stockholders’ equity is presented in the spreadsheet. Kindly find the attachment below:

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3 years ago
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