Answer:
are is the correct answer
Answer:
The correct option is C, credit to cash over and short for $3
Explanation:
The requirement targets the balancing entry in the cash account,with cash of $17 in the petty cash account coupled with receipts of $86, the total amount in the petty cash is $103 ($86+$17) and the established float is just $100, which implies that the petty cash has an excess fund of $3 that must be returned to the main cash account.
The excess is the difference between $103 cash in the petty cash account and the maximum float of $100($103-$100)
<span>Venn networks, through its unveiling of its new smartphone at a news conference, was using the promotional strategy of publicity. It leveraged having it's top management interact with the media publicly as a way to promote its new product.</span>
Let understand that "journal" means a <em>detailed account </em>used to records all the financial transactions of a business.
- The journal have a debit and credit.
Here, a "general journal account" will be employed to contain the list of information from McCall Real Estate Agency.
Journal Entry
Date Account titles Debit Credit
Oct 01 Cash $33,380
Common Stock $33,380
Oct 02 No Entry $0
No Entry $0
Oct 03 Furniture $4,060
Account Payable $4,060
Oct 06 Accounts receivable $10,630
To Service revenue $10,630
Oct 10 Cash $240
To Service revenue $240
Oct 27 Account Payable $680
To Cash $680
Oct 30 Salary expense $3,110
To Cash $3,110
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A public organization is one which focus on services to the public including public authority, state agency etc
A non-profit organization is one which focuses on a social cause (like religion, research, education) and not driven by profit.
- In comparison, both the public and non-profit organisations uses the strategic plan to establish goals as well as to review operations.
- In contrast, the strategic planning in public and non-profit organisations is different because public organization is guided by government directives whereas the non-profit organization is guided by their mission and purpose.
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