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mamaluj [8]
3 years ago
6

Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei

pts on that date represent $73 for Office Supplies, $137 for merchandise inventory, and $22 for miscellaneous expenses. The fund has a balance of $18. On October 1, the accountant determines that the fund should be increased by $50. The journal entry to record the establishment of the fund on September 1 is: Group of answer choices Debit Miscellaneous Expense $250; credit Cash $250. Debit Petty Cash $250; credit Accounts Payable $250. Debit Cash $250; credit Accounts Payable $250. Debit Petty Cash $250; credit Cash $250. Debit Cash $250; credit Petty Cash $250.
Business
1 answer:
masha68 [24]3 years ago
5 0

Answer:

Debit Petty Cash $250; credit Cash $250

Explanation:

Based on the information given we were told that the Company establishes the amount of $250 as a petty cash fund on September 1 which means that The journal entry to record the establishment of the fund on September 1 is:

Debit Petty Cash $250

Credit Cash $250

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It assists the organizations and its members to understand the difference between right and wrong, and helping them to make ethical decisions.

Hence from the above explanation we can conclude that the correct answer is code of ethics.

4 0
3 years ago
Graphically, the full-employment, stable-inflation, rapid-growth economy of the last half of the 1990s is depicted by a?
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Graphically, the full-employment, stable-inflation, rapid-growth economy of the last half of the 1990s is depicted by a rightward shift of the aggregate demand curve along a fixed aggregate supply curve.

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Learn more about economy here brainly.com/question/1106682

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7 0
2 years ago
Which of the following is not an example of how Irish immigrants were eventually accepted in the U.S.?
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If you give options I can help you with it
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3 years ago
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Answer:

These are the options for the question:

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And this is the correct answer:

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Explanation:

Ted is afraid of failing at his new role, he is suffering from fear of failure. This is because Ted was accustomed to completing a set of tasks specific to his previous position in the company.

Now that the company has reorganized, he has been given a new position, and new tasks to complete, and he does not feel at ease at first, likely because he lacks first-hand experience with some of the tasks.

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