Answer:
Debit Petty Cash $250; credit Cash $250
Explanation:
Based on the information given we were told that the Company establishes the amount of $250 as a petty cash fund on September 1 which means that The journal entry to record the establishment of the fund on September 1 is:
Debit Petty Cash $250
Credit Cash $250
Answer:
The amount of the fee is $1689.60
Explanation:
The computation of the amount of the fee is shown below:
= Dollar value × fund charges a 12b-1 fee
= $211,200 × 0.8%
= $211,200 × 0.008
= $1689.60
Since the question has asked the fee amount so we consider the fee charges percentage, not the capital investment Lifecycle fund. Thus, we ignore the Capital Investments Lifecycle Fund as it is not relevant.
Hence, the amount of the fee is $1689.60
Answer:
increase price per ticket.
Explanation:
increase price per ticket in proportion to cost incurred.
set up an internal control system to ensure all revenue from ticket are well accounted for.
Answer:
cost of equity = 12.16 %
Explanation:
given data
annual dividend of $3.73
increases dividend = 3.40 percent annually
stock price = $43.96 per share
to find out
What is the company's cost of equity
solution
we will use here Gordon model for compute company's cost of equity that is
market value = ........................1
put here value we get
43.96 =
solve it we get
cost of equity = 0.121735
cost of equity = 12.16 %
Some accounting errors that cause the difference between the debits and credits columns of the trial balance are as follows:
- Data entry errors
- Errors of omission
- Errors of commission
- Errors of transposition of one side of the entry
- Compensating errors
- Errors of duplication
- Errors of principle
- Errors of entry reversal
These errors are called accounting discrepancies. They are not intentional mistakes, but they often occur.
Thus, to forestall accounting errors, every company requires good accounting software to record its transactions, while the accounting staff should be adequately trained.
Learn more about the accounting errors that cause the trial balance not to balance at brainly.com/question/25671653