Answer and Explanation:
The journal entry for establishing the fund as on September 1 is shown below:
On September 1
Petty cash Dr $410
To cash $410
(Being establishment of fund is recorded)
Here petty cash is debited as it increased the asset and credited the cash as it decreased the asset
Therefore the same is to be considered
Answer:
12,338,352 companies
Explanation:
If the companies' names can have either 4 or 5 letters, and teh letters can repeat themselves, then the total number of companies that can be listed on NASDAQ is:
4 letter names = 26 x 26 x 26 x 26 = 26⁴ = 456,976
5 letter names = 26 x 26 x 26 x 26 x 26 = 26⁵ = 11,881,376
total number of companies listed = 456,976 + 11,881,376 = 12,338,352
Answer:
Playing the accounting system
Explanation:
Playing the accounting system means fraudsters introduces false information or influences the way the accounting system operates so that results will give higher amounts than one would normally get.
For example creating fictitious customers and assigning sales figures to them, aimed at inflating sales.
In the given instance the fraudster manipulates the way the accounting system calculates depreciation in order to gain from the inflated figures.
An address book is a book or a database used for storing entries called contacts. Each contact entry usually consists of a few standard fields (for example: first name, last name, company name, address, telephone number, e-mail address, fax number, mobile phone number).
