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vesna_86 [32]
3 years ago
11

A petty cash fund was established with 250 balance it courrently has cash od 45 and petty cash tickets totaling 335 which of the

followinmg would be included in the journal entry to replenish the Petty Cash fund?
a. debit to Cash Short & Over for $25
b. credit to Cash Short & Over for $15
c. credit to Cash Short & Over for $25
d. debit to Cash Short & Over for $15
Business
2 answers:
scoray [572]3 years ago
7 0

Answer:

B.  credit to Cash Short & Over for $15

Explanation:

sladkih [1.3K]3 years ago
5 0

Answer:

i think the anser is b

Explanation:

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Consideration in a bilateral contract always involves both:______.A. A legal benefit and a legal detriment.B. A legal waiver and
kicyunya [14]

Answer:

A. A legal benefit and a legal detriment.

Explanation:

In contract law, consideration refers to the benefit element of value that must be bargained between the two parties.

Consideration always includes a legal benefit because you are going to receive some consideration from the other party, but it also involves a legal detriment because you are also giving away something of value (consideration) in exchange to the other party. E.g. you buy a hamburger (you receive food) but you must pay for it (you exchange money).

5 0
3 years ago
You put up $80 at the beginning of the year for an investment. The value of the investment grows 2% and you earn a dividend of $
Evgen [1.6K]

If the value of the investment grows 2% and you earn a dividend of $8.00. Your HPR was 12%.

<h3>HOLDING PERIOD RETURN (HPR)</h3>

Using this formula

HPR=Investment grow+(Dividend/Beginning investment)

Let plug in the formula

HPR=2% + ($8/$80)

HPR=2% +10%

HPR=12%

Therefore If the value of the investment grows 2% and you earn a dividend of $8.00. Your HPR was 12%.

Learn more about HPR here:brainly.com/question/20383546

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5 0
2 years ago
The central focus of the marketer's activities is to develop mutually beneficial relationships with customers and potential cust
Alchen [17]

Answer:​Strong word-of-mouth communication about; increase.

Explanation: When a marketing organisation promote a mutually beneficial relationship with its customers it will help the customers to go ahead to market the company and its products with a strong word- of-mouth communication, the firm's products because that will increase the customer's lifetime value to the firm,this will help the firm to be more profitable and make more revenue now and in the future.

4 0
3 years ago
Antoine transfers property with a tax basis of $524 and a fair market value of $647 to a corporation in exchange for stock with
podryga [215]

Answer: $446

Explanation:

Antoine will receive the same basis in the stock that was in the property.

The Corporation however, assumed $78 of the liability of the property transferred which would reduce Antoine's basis in that property

Antoine's basis = Property base - Liability assumed by corporation

= 524 - 78

= $446

3 0
3 years ago
The data below is for Craft, Inc. for 2015.
Thepotemich [5.8K]

Answer:

$267,000

Explanation:

When a company assesses that some of its receivables (due from customers who bought goods on account/credit) may not be collectible, the required entries are debit bad debt expense and credit allowance for bad debt.

The credit to allowance for bad debt is netted off the debit in accounts receivables to determine the net receivables in the balance sheet at the end of the period.

Hence Craft will show on its year-end balance sheet a net realizable value of its accounts receivable

= $295,000 - $28,000

= $267,000

3 0
3 years ago
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