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2 years ago

When should you replenish a petty cash fund?

Business

1 answer:

faust18 [17]2 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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How has the Timberland Company incorporated the four pillars of its corporate social

DENIUS [597]

Answer:

The four pillars are energy, product, workplace and service.

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Explanation:

The Timberland Company have a tradition of Corporate Social Responsibility, Timberland have always been committed to environment and social sustainability. The four pillars of Timberland Company for Corporate Social Responsibility are Energy, Product, Workplace and Service.

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2 years ago

You are meeting to discuss the proper categorization of marketing strategy costs in the monthly department budget performance re

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Answer:

Explanation:

I'm not too sure but I think they can all change really depending on the circumstances. hope that helped!

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2 years ago

Mike Derr and Mark Finger form a partnership by combining assets of their separate businesses. The following balance sheet is fr

larisa86 [58]

Answer and Explanation:

According to the scenario, journal entry for the given data are as follows:

Cash A/c Dr. $1,000

Supplies A/c Dr. $3,000

Land A/c Dr. $8,000

Equipment A/c Dr. $5,000

To A/c Payable A/c $4,500

To Notes payable A/c $3,100

To M. Derr capital A/c $9,400 ($1000+$3000+$8000+$5000-$4500-$3100)

(Being Derr's investment is recorded)

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2 years ago

Jesse and Tim form a partnership by combining the assets of their separate businesses. Jesse contributes accounts receivable wit

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3 years ago

You own 25 percent of Unique Vacations, Inc. You have decided to retire and want to sell your shares in this closely held, all-e

Akimi4 [234]

Answer:

$6 million

Explanation:

If 25% of the firm is worth $1.5 million, then 100% of the firm will be worth $6 million (= $1.5 million x 4).

This is an all equity firm, which means it has no liabilities, and it is also a closely held corporation which makes it harder for a stockholder to sell his/her shares. Basically the fair value of the 1,000 shares is the money you can get from your fellow shareholders.

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2 years ago