1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Wewaii [24]
3 years ago
6

Petty Cash Fund Entries Journalize the entries to record the following: Check is issued to establish a petty cash fund of $1,200

. The amount of cash in the petty cash fund is now $396. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $466; miscellaneous selling expense, $193; miscellaneous administrative expense, $121. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,200, record the discrepancy in the cash short and over account.) a. Journalize the entry to establish the petty cash fund. fill in the blank a41770059faa020_2 fill in the blank a41770059faa020_4 b. Journalize the entry to replenish the petty cash fund. For a compound transaction, if an amount box does not require an entry, leave it blank. fill in the blank e53a56fc003ffc3_2 fill in the blank e53a56fc003ffc3_3 fill in the blank e53a56fc003ffc3_5 fill in the blank e53a56fc003ffc3_6 fill in the blank e53a56fc003ffc3_8 fill in the blank e53a56fc003ffc3_9 fill in the blank e53a56fc003ffc3_11 fill in the blank e53a56fc003ffc3_12 fill in the blank e53a56fc003ffc3_14 fill in the blank e53a56fc003ffc3_15 Check My Work
Business
1 answer:
Andre45 [30]3 years ago
7 0

Answer:

Dr Petty cash fund 1,200

    Cr Cash 1,200

Dr Office supplies expenses 466

Dr Miscellaneous selling expenses 193

Dr Miscellaneous administrative expenses 121

Dr Cash short and over 24

    Cr Petty cash fund 804

Dr Petty cash fund 804

    Cr Cash 804

the balance in the petty cash fund is $1,2000 again

You might be interested in
Question: 1 of 37: Alice earned $622.50 in interest on her savings in the bank. Before interest, the account had $12,450. What i
SpyIntel [72]
<span>Alice had original amount = $12,450. She earned an interest of $622.50 on the original amount. To find the percent, say, $622.50 = x% of $12,450, we get x% = 0.05 or x = 5%. Thus, Alice earned approximately 5% of the interest.</span>
8 0
3 years ago
In one year, you meet 52 people who are each unemployed for one week and eight people who are each unemployed for the whole year
VARVARA [1.3K]

Long term unemployment is defined as being unemployed for 27 weeks or more. In this example there are a total of 60 people, 52 people who would be categorized as short term unemployment and 8 people who would be categorized as long term unemployment.

In order to calculate the percentage of unemployment in each category you will need to divide the number in each category by the total number.

Short term = 52/60 = 86.7%

Long term - 6/60 = 13.3%

4 0
3 years ago
Read 2 more answers
Assume that the number of hosts connected to the Internet at year 2010 is five hundred million. If the number of hosts increases
daser333 [38]

Answer:

3096 million is the number of hosts in year 2020.

Explanation:

The number of hosts connected to the Internet at year 2010 ,P= 500 million

If the number of hosts increases only 20 percent per year.

Rate at which host increasing per year = 20% =0.20

Number of times host increased per time period(here in per year) = n = 1

The number of hosts connected to the Internet at year 2020 = P'

Duration of time = 2020 year - 2010 year = 10 years

P'=P(1+\frac{R}{n})^{nT}

P'=500 million(1+\frac{0.20}{1})^{1\times 10}

P' = 3095.87 million ≈ 3096 million

3096 million is the number of hosts in year 2020.

8 0
4 years ago
1. When John received his W2, he received several copies. Why was he sent multiple copies of this form?
Schach [20]
for other payments/expenses that was done during that calendar year. or To either keep the additional ones for his record or other companies sent their that he works for.
4 0
3 years ago
A progress report:
eduard

Answer:

A. Monitors and controls production, sales, shipping, service, or related business processes.  

Explanation:

The Progress Report is the main tool for checking project status. It shows how much work still needs to be done on the project. This is done by estimating the effort required to complete each of the Work Items to be addressed in the project and showing how the estimated effort is evolving from one iteration to another. The Project Progress Report should be updated at the end of each iteration.

It is through the progress report that it is possible to monitor and control the production, sales, shipping, service, or related business processes.

5 0
3 years ago
Other questions:
  • Gibson Company paid $12,000 on June 1, 2014 for a two-year insurance policy and recorded the entire amount as Insurance Expense.
    9·1 answer
  • The most used instrument the federal reserve uses for controlling week to week changes in the money supply is
    15·1 answer
  • Music Masters Inc. enters into a contract to pay Nagi for a dozen original songs. Nagi transfers the right to payment under the
    13·1 answer
  • To help with hiring decisions during peak seasons and holidays, Touching Cards uses time-series forecasts, like sales from last
    5·1 answer
  • At the East Haven Fire Department the stress of the situation, the dispatcher’s reaction to those situations, and the impact of
    14·1 answer
  • What circumstances does a person need to prove to have their student loans discharged through bankruptcy?
    8·1 answer
  • A company has earnings per share of $9.90. Its dividend per share is $.65, its market price per share is $126.72, and its book v
    13·1 answer
  • What are the key differences between mutual funds and hedge​ funds? A. Mutual fund activities are more transparent and provide a
    12·1 answer
  • Methods used by government to seize the assets of foreign firms
    10·1 answer
  • A used machine with a purchase price of $77,000, requiring an overhaul costing $8,000, installation costs of $5,000, and special
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!