Business, 17.10.2019 23:30 hiitslillyhere

Waupaca company establishes a $410 petty cash fund on september 9. on september 30, the fund shows $134 in cash along with receipts for the following expenditures: transportation-in, $60; postage expenses, $70; and miscellaneous expenses, $135. the petty cashier could not account for a $11 shortage in the fund. the company uses the perpetual system in accounting for merchandise inventory. prepare (1) the september 9 entry to establish the fund, (2) the september 30 entry to reimburse the fund, and (3) an october 1 entry to increase the fund to $485.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 14:20, kevinglvz

Anew 2-lane road is needed in a part of town that is growing. at some point the road will need 4 lanes to handle the anticipated traffic. if the city's optimistic estimate of growth is used, the expansion will be needed in 4 years and has a probability of happening of 40%. for the most likely and pessimistic estimates, the expansion will be needed in 8 and 15 years respectively. the probability of the pessimistic estimate happening is 20%. the expansion will cost $ 4.2 million and the interest rate is 8%. what is the expected pw the expansion will cost?

Answers: 1

continue

Business, 22.06.2019 14:30, rakanmadi87

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Answers: 1

continue

Business, 22.06.2019 16:30, natalie2sheffield

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?

Answers: 3

continue

Business, 22.06.2019 19:40, cieloromero1

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40

Answers: 3

continue

You know the right answer?

Waupaca company establishes a $410 petty cash fund on september 9. on september 30, the fund shows $...