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
Ahat [919]
3 years ago
9

A company set up a petty cash fund with $800. The disbursements are as follows:

Business
1 answer:
kkurt [141]3 years ago
3 0

Answer:

The correct option is B,cash at bank.

Explanation:

In creating the fund,cash of $800 needs to made available to the petty cash account.

In order to achieve this,the cash is moved from the cash at bank to petty cash which effectively means that the cash at bank the giving account should be credited while the receiving account,the petty cash account is debited.

Option B is correct since it is the account meant to be credited in order that the petty cash fund account can be created

You might be interested in
The Boston Consulting Group’s Growth-Share Matrix classifies a firm’s products into four categories based on growth rates of the
iVinArrow [24]

Answer:

False

Explanation:

The Boston Consulting Group’s Growth-Share Matrix is a business planning tool that evaluates the potential of brand portfolios and alternative strategies.

The BCG matrix framework classifies a brand portfolio into four categories based on industry attractiveness (industry growth rate) and competitive position (<u>product market share</u>).

The four categories are:

  • question marks
  • stars
  • poor dogs
  • cash cows

7 0
3 years ago
On September 15, 2021, the Scottie Company board of directors declared a 8% stock dividend on common shares. The shares are to b
iren [92.7K]

Answer:

Date         General Journal                             Debit           Credit

Sept 15     Stock dividend                           $2,342,400

                 (1,200,000*8%*24.4)

                         Common Stock dividend distributable    $480,000

                          (1,200,000*8%*5)

                          Paid in capital in excess of par-              $1,862,400

                          Common Stock

Oct 1         No Journal entry

Oct 10       Common Stock dividend             $480,000

                 distributable  

                           Common Stock                                          $480,000

3 0
3 years ago
Which of the following would be relevant in the make or buy decision? Direct materials Depreciation on equipment with no resale
jolli1 [7]

Answer:

B) Yes No

Explanation:

Materials cost are incremental and relevant whereas Depreciation on equipment with no resale value are irrelevant.

4 0
3 years ago
Recommend the way to deal with the complainer in the workplace
liberstina [14]
1.Help Them With There Complaints 2.TellThem Stop Complaining And Just Think About The Problem Instead Of Just Complaining 3.If The Problem Consist Then Report It Hope This Helps
8 0
3 years ago
The ________ technique fits situations where more recent events carry greater influence. a. dynamic forecasting b. moving averag
zheka24 [161]

Answer: a. Dynamic forecasting

Explanation:

Dynamic forecasting has to do with when the forecasted value or the predicted value of the dependent variable that us lagged in a research is used rather than using the actual value.

The dynamic forecasting technique fits situations where more recent events carry greater influence.

4 0
3 years ago
Other questions:
  • Someone hacks into your information system and discovers a file of apparently critical information to your organizations perform
    7·1 answer
  • If your vehicle has an EFI system,
    11·1 answer
  • Picture yourself waiting in a line at a Chase Bank. The bank tellers (in a pooled queue) can serve 7.5 customers per hour. Howev
    13·1 answer
  • Imagine that the interest rate on your savings account was 1% per year and inflation was 2% per year. After 1 year, how much wou
    14·1 answer
  • Overstating the features and benefits or products is?
    11·1 answer
  • A sweatshop is an example of an ethlcal mode of production.<br>True or False​
    6·2 answers
  • Documentation is necessary to establish educational accommodations. true or false​
    9·1 answer
  • 4. Tim moves to a different state and buys a house in his new city. His new house is bigger than the apartment he lived in befor
    8·1 answer
  • Many times training results are not measured sufficiently and/or correctly to provide valuable assessment data regarding the eff
    10·1 answer
  • Which statement characterizes hedonic needs?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!