Answer:
The correct answer is "$10,607.92".
Explanation:
Given:
Amount borrowed,
P = 100000
Interest rate,
r = 10%
or,
= 0.1
Time,
= 30 years
Now,
The annual payment will be:
⇒
($)
The following was paid out of the Petty Cash account: $200 for Office Supplies $100 for Delivery Expense $300 is needed to reple
nish the Petty Cash back to the original balance. The journal entry to record the replenishing of Petty Cash would be:
1 answer:
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