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3 years ago

When should you replenish a petty cash fund?

Business

1 answer:

faust18 [17]3 years ago

6 0

Answer:

both b and c

Explanation:

A Petty Cash Fund is a convenient way of paying for small transactions. It is mostly applied when making payment using other methods is unreasonable. The money spent should be replenished at least once to take the Petty Cash Fund back to its approved balance. Replenishment is also done when the dollar balance goes below a set level. Replenishing allows the petty cash fund to operate as intended.

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If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then _____.

Mice21 [21]

If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then the government should make the price equal to the marginal cost.

Monopolies are businesses that are dominated by few people in the industry. They have little competition from others and have high barriers to entry.

They can sometimes reduce production to increase the price of their goods and services.

The government can regulate the activities of monopolies by making their price equal to the marginal cost.

Learn more about monopolies here:

brainly.com/question/13113415

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3 years ago

Abby dies, and her good friend, clay is appointed to administer abby's estate. abby's house was in poor condition, so clay orall

antoniya [11.8K]

The contractor can collect from the estate only. The contractor and Clay made an agreement only in oral form, not in written agreement. So, the contractor could not got after Clay.

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4 years ago

Which is an example of a withholding you might see on your pay stub?

Ira Lisetskai [31]

A withholding you might see on your pay stub can include a retirement savings or a health insurance payment.

7 0

3 years ago

Clicking the Format Painter once will allow you to apply the copied formatting repeatedly.

kicyunya [14]

The second answer is correct hope that helps

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3 years ago

Oriole Company was formed on December 1, 2019. The following information is available from Oriole's inventory record for Product

Leokris [45]

Answer:

FIFO Ending Inventory $ 64900

Explanation:

Oriole Company

Date Particulars Units Unit Cost Total Cost

January 1, (beginning inventory) 2,000 $15 30,000

January 5, Purchases: 2,500 $17 42500

January 25, Purchases: 2,200 $18 39600

February 16, Purchases: 1,100 $19 20900

March 15, Purchases: 2,200 $20 44000

Total 10,000 $ 177000

A physical inventory on March 31, 2020, shows 3,300 units on hand.

FIFO means first in first out. It is a method of calculating inventory items. In it the first items purchased are sold out first. Following this rulethe ending inventory FIFO can be calculated by moving backwards from March 15 purchases as follows.

FIFO Ending Inventory $ 64900

March 15 Purchases 2,200 units at $20=$ 44000

February 16,Purchases units 1,100 at $19 =$20900

6 0

3 years ago