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lina2011 [118]
3 years ago
5

What entry is made to establish a petty cash book?

Business
2 answers:
ollegr [7]3 years ago
8 0
Someone must write a check
artcher [175]3 years ago
6 0
Bank is correct answer
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Human Resources Manager Isaac Bauer is researching case studies as he prepares an employee wellness workshop. An effective metho
valina [46]

Answer: A. True

Explanation: If he were inexperienced in this field or he was doing it as his hobby (casual objectives) with no goal to reproduce or add to the data already published, or were there people involved in his research, then this would have been categorized as informal research. However this setting is strictly formal, and authenticity of data is mandatory. Print and online journal articles contain the case studies already researched thoroughly.

6 0
2 years ago
Name the parties involved in insurance?
sdas [7]

Answer:

Insured.

Policy Owner.

Beneficiary.

Insurance Company.

Agent/Broker.

Underwriter.

Medical Examiner. » Compare: Term life insurance quotes.

4 0
3 years ago
Suppose you own 500,000 shares of common stock in a firm with 40 million total shares outstanding. The firm announces a plan to
Roman55 [17]

Answer:

62,500 shares

Explanation:

common stock = 500,000 shares

Total shares outstanding = 40 million

Percentage of existing holding:

= (Shares of common stock ÷ Total shares outstanding) × 100

= (500,000 ÷ 40,000,000) × 100

= 1.25%

New shares that can be purchased:

= Number of new shares sold × Percentage of existing holding

= 5 million × 1.25%

= 62,500 shares

6 0
3 years ago
Carlos is a 25% owner of CEBJ Builders, a company that specializes in residential construction. The other 75% of CEBJ is owned b
yulyashka [42]

Answer:

$99,500

Explanation:

Adjusted gross income before considering the rental loss $118,000.

Less generated a loss of $18,500

Adjusted gross income $99,500

Carlos qualifies under the real estate professional exception due to the fact that he spends more than 50% of his personal service time in real property trade and the amount of time spent in real property trade is higher than 750 hours, he is as well the sole owner and spends more than 100hours.

Therefore the rental activity is not considered passive and he is allowed to offset the $18,500 loss against his active and portfolio income which is why Carlos'sadjusted gross income after considering the loss is $99,500 ($118,000 -$18,500)

7 0
3 years ago
Flint Company borrowed $49,200 on November 1, 2020, by signing a $49,200, 10%, 3-month note. Prepare Flint’s November 1, 2020, e
rosijanka [135]

Explanation:

The journal entries are as follows:

On November 1, 2020

Cash A/c Dr $49,200

         To Notes payable A/c $49,200

(Being the amount is borrowed)

On December 31, 2020

Interest expense A/c Dr $820

           To Interest payable A/c $820

(Being the interest expense is recorded)

The computation is shown below:

= $49,200 × 10% × 2 months ÷ 12 months

= $820

On February 1, 2021

Interest expense A/c Dr $410

Interest payable A/c Dr $820

Notes payable A/c Dr $49,200

                 To Cash A/c $50,430

(Being cash is paid on maturity)

The computation is shown below:

= $49,200 × 10% × 1 months ÷ 12 months

= $410

5 0
3 years ago
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