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Feb. 2 Wrote a $350 check to establish a petty cash fund. 5 Purchased paper for the copier for $14.55 that is immediately used.

Nataly [62]

Answer:(1) Dr: petty cash $350, Cr: Cash $350, (2) Total delivery expense $16, Total Milleage expense $71, Total postage expense $65.55, Total merchandise inventory( Transportation -in) $42.4, Total office supplies $81.32, Petty Cash Balance $204.67 (3) a) Dr : Expenses $326.29, Cr : Cash $326.39 (b) Dr: petty cash $490, Cr: Cash $490

Explanation:

Journal entry to establish the petty cash fund

Dr : petty cash $350

Cr: : Cash $350

Journal entry to record the reimbursement

Dr : Expenses $326.39

Cr: Cash $326.39

Journal entry to record the increase in fund amount

Dr:petty cash $490

Cr: cash $490

Total delivery expenses $16

Total mileage expenses $71

Total postage expenses $65.55

Total merchandise inventory (Transportation -in) $42.4

Total office supplies $81.32

Amount received for reimbursement $326.39

Petty Cash Balance $204.67

7 0

3 years ago

Mega Loan Company has very stringent credit requirements and, accordingly, has negligible losses from uncollectible accounts. Th

AfilCa [17]

Answer: The correct answer is "(A) Materiality.".

Explanation: The concept demonstrated is Materiality because by having a mechanism for preventing bad accounts through their strict requirements, they only recorded bad accounts when they actually existed, instead of making a provision.

6 0

3 years ago

what is the supply chain function that receives inputs from the demand plan to procure materials, equipment, and services?

Salsk061 [2.6K]

Procurement is the supply chain function that receives inputs from the demand plan to procure materials, equipment, and services.

The process of organizing the many tasks necessary to create and distribute goods and services to a company's clients is known as supply chain management. The transfer of raw materials from the supplier to the producer to the final delivery to the customer is all included in the supply chain. Designing, farming, manufacturing, packaging, and transportation are a few examples of supply chain operations. A supply chain is the entire process of getting a finished good or service to the client. It may be necessary to obtain raw materials, convey them to the production facility, and then deliver the finished products to a customer.

Learn more about supply chain from

brainly.com/question/25160870

#SPJ4

4 0

1 year ago

How is the market segmented? at what segment should crescent be targeting?

raketka [301]

Markets are segmented as <span>behavioral, demographic, geographic, and psychographic. The crescent should be targeting the geographic segment

Hope this helps :))</span>

6 0

3 years ago

saul85 [17]

Answer:

The answer is below.

Explanation:

The z score is a used in statistics to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:

$z=\frac{x-\mu}{\sigma}\\\\where\ x=raw\ score, \mu=mean,\sigma=standard\ deviation\\\\For\ a\ sample\ size(n):\\\\z=\frac{x-\mu}{\sigma/\sqrt{n} }$

a) Given that n = 100, μ = 2000, σ = 18

For x < 1995 millimeters:

$z=\frac{x-\mu}{\sigma/\sqrt{n} }=\frac{1995-2000}{18/\sqrt{100} } =-2.78$

From the normal distribution table, P(x < 1995) = P(z < -2.78) = 0.0027

b) P(z > z*) = 10% = 0.1

P(z < z*) = 1 - 0.1 = 0.9

z* = 1.28

$z*=\frac{x-\mu}{\sigma/\sqrt{n} }\\\\1.28=\frac{x-2000}{18/\sqrt{100} }\\\\x-2000 =-2.304\\\\x=2002.3\ ml\\\\$

From the normal distribution table, P(z < z

6 0

3 years ago