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
MArishka [77]
4 years ago
5

The Appleton entity established a $200 Petty Cash fund on June 1, 200X. On June 30, 200X the fund had $45 in cash and the follow

ing receipts: Delivery Expense $75, Office Supplies Expense $55, and Postage Expense $25. The entry to establish the fund on June 1, 200X is A. DR Petty Cash 200; CR Cash 200 B. DR Cash 200; CR Petty Cash 200 C. DR Petty Cash 155; CR Cash 155 D. DR Cash 155; CR Petty Cash 155
Business
1 answer:
Rashid [163]4 years ago
4 0

Answer:

A. DR Petty Cash 200; CR Cash 200

Explanation:

We are asked for the entry on June 1st to stablish the petty cash fund.

The data on June 30th is irrelevant for this question.

We will only work with the information of june 1st

The ptty cash, will be an asset account. To crease an asset account we will debit it.

On credit side, we need to show how is this asset generated. In this case, with another asset, cash. Cash will be credited to show that 200 cash from the main account has been moved into the petty fund

You might be interested in
Connie opened a link that she received in an email. It led to a webpage that congratulated her on winning $1 million. The webpag
Mariana [72]

Answer:

This kind of malware attack is known as ransomware.

Explanation:

-Ransomware is a type of malicious software that typically involves encrypting the files of a victim's PC, laptop or systems. The hacker(s) This essentially denies the victim any access to their data.They then demands payment in order to allow the victim access to their own data. The payment is always required to be transferred in crypto-currency to the hackers.

-Examples of ransomware includes Reveton, CryptoLocker, CryptoWall and the infamous Wannacry which attacked many victims PC across the globe in 2017. Ransomware attacks can be initiated by a user unknowingly visits an infected website.The malware then self downloads and installs itself onto the user’s PC without their knowledge.

-Ransomware attacks can be prevented by using advanced antivirus.

7 0
3 years ago
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
max2010maxim [7]

Answer:

Market Price $985.01

Explanation:

We have to convert the US semiannually rate to annually.

(1 + 0.078/2)^{2} -1 = 0.079521

Now this is the annual rate spected for a similar US Bonds

So we are going to calculate the present value using this rate.

Present value of an annuity of 78 for 20 years at 7.9521%

C * \frac{1-(1+r)^{-time} }{rate} = PV\\

78 * \frac{1-(1+0.079521)^{-20} }{0.079521} = PV\\

PV = 768.55

And we need to add the present value ofthe 1,000 euros at this rate

\frac{Principal}{(1 + rate)^{time} = Present Value}

\frac{1,000}{(1 + 0.079521)^{20} = Present Value }

Present Value = 216.4602211

Adding those two values together

$985.01

The reasoning behind this is that an american investor will prefer at equal price an US bonds because it compounds interest twice a year over the German Bonds.

6 0
3 years ago
If you sell all of the capacity on a production line, inventory from that line is sold at:
mina [271]
Had to look for the options and here is my answer.
What happens when all of the capacity on a product line is being sold is that, the inventory from that line will be sold at HALF OF THE PRICE OR VALUE AS IT IS REFLECTED ON THE RECORDS OF ACCOUNTING DEPARTMENT. Hope this answer helps.
7 0
3 years ago
If you see the question go search this song no lo hice bien it hit diffrent
dusya [7]

Answer:

ok

Explanation:

5 0
3 years ago
Read 2 more answers
Describe the typical costs of a retiree. HURRY!!!!!! HURRY!!!!!HURRY!!!!!!!!
djverab [1.8K]
Hello there,

A typical cost of a retirement would be the following:

Perhaps the "Car of the year".

Smaller House/Smaller apartment.

Hope this helps.

~Jurgen


3 0
4 years ago
Read 2 more answers
Other questions:
  • If the most likely reason customers will purchase a company's product is its many useful attributes, what advertising focus woul
    10·1 answer
  • XYZ Company uses an allowance method to account for bad debts. It estimates that 5% of the accounts receivable will be uncollect
    12·1 answer
  • The market potential is equal to the​ ________, or the sales limit approached by company demand as company marketing effort incr
    15·1 answer
  • The information security function can be placed within the
    10·1 answer
  • Debt Collection Service enters into a contract to employ Emma as a billing manager for two years. During the first year, Emma is
    9·1 answer
  • UPS is successful in the small package delivery market. One important reason for this success is the concept of: a. non-bureaucr
    9·1 answer
  • In your opinion ,what is the correct priority in making a business decision?
    11·2 answers
  • Dream Threads Company sells hand-sewn shirts for $40 per shirt. It incurs monthly fixed costs of $7000. The contribution margin
    11·1 answer
  • What were the consequences of mass production?
    14·1 answer
  • Why is it important for business professionals to take an active role in developing and managing information systems? A. They kn
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!