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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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You have $1,000 to invest. You invest 25% in a Money Market account, 50% in stocks, and 25% in bonds. What is the dollar amount
STatiana [176]

Answer:

Money Market: $250

Stocks: $500

Bonds: $250

Explanation:

To find the dollar amount invested in each, multiply the total amount of money you have to invest by the percentage being invested.

<u>Money Market</u>

25% of $1,000

25%*1,000

Convert 25% to a decimal by dividing 25 by 100, or moving the decimal place 2 spots to the left.

25/100=0.25

25.0-->2.5-->0.25

0.25*1,000=250

$250 is invested in the money market account.

<u>Stocks </u>

50% of $1,000

50%*1,000

Convert 50% to a decimal by dividing 50 by 100, or moving the decimal place 2 spots to the left.

50/100=0.50

50.0-->5.0-->0.50

0.50*1,000=500

$500 is invested in stocks.

<u />

<u>Bonds</u>

25% of $1,000

25%*1,000

Convert 25% to a decimal by dividing 25 by 100, or moving the decimal place 2 spots to the left.

25/100=0.25

25.0-->2.5-->0.25

0.25*1,000=250

$250 is invested in bonds.

$250 is invested in a money market account, $500 in stocks, and $250 in bonds.

3 0
3 years ago
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How important is the ability to take time off and not have to sacrifice family and personal activities for your career?
Cloud [144]
It’s actually VERY IMPORTANT! To me it seems like this person has got their whole life together. Most people who do this have to sacrifice something. This person doesn’t. They can spend time with family and be able to do your personal activities without having to sacrifice anything. It takes someone with strong willpower, consistency, and persistence to be able to do that.
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An example of a topic that microeconomists study is
Monica [59]
A. Ford Motor Company's market share.
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3 years ago
Two countries can gain from specialization and trade as long as they have different opportunity costs in the production of some
goldfiish [28.3K]

Answer:

True

Explanation:

the country with the lower opportunity cost in producing a good is more efficient in production and should specialise in production of that good. While the country with the higher opportunity cost is inefficient in the production of the good and should import from the country with the lower opportunity cost.

Let's illustrate with an example

Scenario A

Country X's opportunity cost in the production of good A = 12 units of B

Country Y's opportunity cost in the production of good A = 2 units of B

Country Y is more efficient and should specialise in the production of good A

Scenario B

Country X's opportunity cost in the production of good A = 12 units of B

Country Y's opportunity cost in the production of good A = 12 units of B

Both countries have the same opportunity cost, so, we can't decide which country should specialise

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Rates for having a manuscript typed at a certain typing service are $5 per page for the first time a page is typed and $3 per pa
Phoenix [80]

Answer:

Correct option is (D)

Explanation:

Given:

Cost for typing for the first time = $5 per page

Cost of revision = $3 per page each time.

Number of pages in the manuscript = 100

Cost of typing 100 pages for the first time = 100 × 5 = $500

Cost of 40 pages revised once = 40 × 3 = $120

Cost of 10 pages revised twice = 10 × (3 × 2) = $60

Total cost of manuscript = 500 + 120 + 60

                                         = $680

4 0
3 years ago
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