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Kaylis [27]
3 years ago
13

A petty cash fund was established with a $350 balance. It currently has cash of $41 and petty cash tickets totaling $309. Which

of the following would be included in the entry to replenish the fund?
A. A debit to Petty Cash for $41
B. A credit to Cash for $41
C. A credit to Petty Cash for $309
D. Debits to various expenses for $309
Business
1 answer:
Vesna [10]3 years ago
7 0

Answer:

C. A credit to Petty Cash for $309

Explanation:

Based on the information given we were told that the PETTY CASH tickets total the amount of $309 which therefore means that the appropriate entry included in the entry to REPLENISH THE FUND will be :

A credit to Petty Cash for $309

(Replenish fund)

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3 years ago
A stockholder sold her shares and made a profit of $1,403. If that is a profit of 27%, how much were the shares worth when she o
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The worth of the shares when the stockholder originally purchased them is $1105.

<h3>What are shares?</h3>

Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends.

It is assumed that the purchase price of the share is $100. As the stockholder sold her shares for $1,403, making a profit of 27%, it implies that:

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∴ 100 = $1,403/127 × 100

        = $1104.72

Therefore, $1104.72 is the original purchase price of the share.

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7 0
1 year ago
Phoebe, a sales representative, is so excited during her sales presentation that she does not hear the customer's question corre
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Answer:

<u>Selective Perception </u>

Explanation:

Selective perception refers to a psychological state wherein, an individual perceives and comprehends only that information he/she finds desirable, thereby ignoring the rest of the information during communication.

So, any of the viewpoints or ideas which appear conflicting to one's own are ignored and discarded under such a psychological state.

In the given case, Phoebe got excited during her presentation that she missed out upon hearing customer's questions. In such a state of excitement, her mind only perceived what she desired, thereby ignoring anything which appeared undesirable.

So post providing inappropriate answers, she went on with her presentation , i.e she got carried away in excitement. Such psychological state indicates the operation of selective perception.

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Kyle works for national sporting goods, where he manages critical data elements, such as identifying and acquiring new data sour
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<span>Kyle is a Data Analyst. Data analysts do a variety of tasks involving data including organizing and structuring data for a business, search for patterns among data sets, write reports to help executives make decisions, and analyze data to inform business practices.</span>
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Answer:

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