Answer:
Given that,
Petty cash fund on September 1 = $250
Office Supplies = $73
Merchandise inventory = $137
Miscellaneous expenses = $22
Fund has a balance = $18
When Petty Cash fund is reimbursed,
the expenses incurred through Petty Cash are recorded by debiting those expense.
Therefore, all the expenses incurred to be debited from the accounts.
Hence, the journal entry to record the reimbursement of the fund on September 30 includes a debit of Office Supplies for $73.
That is true, was that your question? :)
I would say B. Quick cash loans. Interest rates are very high & not a good idea in borrowing money. They are designed for people who have poor credit ratings & have no other means to borrow money.
Answer:
Total tax ( Sheryl ) = $802
Explanation:
Tax status of Sheryl = Single
The rates to be used are
- Tax rate = 10% for single taxpayers with income between $0 through $9700
- Tax for income from estates that is between $2600 through $9300 will be $260 + 24% of excess over $2600
kiddie tax is applicable on earned income above $2200 ( defined by IRS )
attached below is a detailed table