All categories

2 years ago

A company had $43 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to:

Business

1 answer:

iVinArrow [24]2 years ago

6 0

Answer: The correct procedure is to “debit cash over and short for $43”.

You might be interested in

Last year Dania Corporation's sales were $525 million. If sales grow at 10.5% per year, how large (in millions) will they be 8 y

Andru [333]

In 8 years, Dania Corporation's sales would be $936.33 million.

Solution:

Since last year sales = $525 million,

Let last year be Year 0

So, in year 0 = $525 million.

Sales grow = 7.5% per year,

Year 1,

525 x 1.075 = $564.375 million.

Year 2,

564.375 x 1.075 = $606.7 million

Year 3,

606.7 x 1.075 = $652.2 million

Year 4

652.2 x 1.075 = $701.12 million

Year 5

701.12 x 1.075 = $753.7 million

Year 6

753.7 x 1.075 = $810.23 million

Year 7

810.23 x 1.075 = $871 million

Finally in year 8

871 x 1.075 = $936.33 million

To learn more about sales visit:

brainly.com/question/14253274

#SPJ4

3 0

2 years ago

carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materia

erica [24]

Answer:i dont answer

Explanation:alot of sbhbb b cn n ncn nc nccnx n c zcx nzv zxcv zcv cvzcv zxcbzv CVzxv z xcvzxcv xczv zcvzxcv zxcvzxcv zxcv xzcv zxcvzxcv zcvz cvxcvzxcv zcvxzcv zxvczxcv zx v v v v v zxc v zxcv zc xv zxcv zxcvzxcv zxc zxcv zcv zxcvz xv zxv xc vxcnvcnxv xz v nvn cx cx c xc xc x xvn.

b nnn nn

6 0

3 years ago

A good example of ___________________ is a real estate business that shares data on new home purchases between the unit that sel

Ghella [55]

<span>A good example of a market data approach is a real estate business that shares data on new home purchases between the unit that sells insurance for the home and the business unit that sold the home. A market data approach allows businesses to find and sell to consumers that fit the description of their products. They can read market data that is collected from one agency and use it to sell them their product as well because they are hand in hand products. </span>

5 0

3 years ago

A cash-strapped young professional offers to buy your car with four, equal annual payments of $3,000, beginning 2 years from tod

kiruha [24]

Answer:

This means that receiving 9000 today is better for us as we will have more at the end of 6 years.

Explanation:

We need to first calculate what is the future value of payments in both scenarios. If we receive $9,000 today and invest it at 10% for 6 years we will have 9000*1.10^6=15,944

If we start reviving cash in 4 annual payments 2 years from now of $3000 we will have to find the future value of each individual payment and add them up.

First payment Future value = 3000*1.10^4=4392 (Money can be invested for 4 years at 10%)

Second payment future value = 3000*1.10^3=3993 (Money can be invested for 3 years at 10%)

Third payment future value = 3000*1.10^2=3630 (Money can be invested for 4 years at 10%)

Fourth payment future value = 3000*1.1=3300

Add them all up = 15315

This means that receiving 9000 today is better for us as we will have more at the end of 6 years.

5 0

3 years ago

You are the manager of a firm that receives revenues of $40,000 per year from product X and $90,000 per year from product Y. The

Novosadov [1.4K]

Answer:

Have a good day today! You got this :)

7 0

3 years ago