Business, 21.11.2019 07:31 mathbrain58
Kael company maintains a petty cash fund for small expenditures. these transactions occurred during the month of august. aug. 1 established the petty cash fund by writing a check payable to the petty cash custodian for $200. 15 replenished the petty cash fund by writing a check for $175. on this date, the fund consisted of $25 in cash and these petty cash receipts: freight-out $74.40, entertainment expense $36, postage expense $33.70, and miscellaneous expense $27.50. 16 increased the amount of the petty cash fund to $400 by writing a check for $200. 31 replenished the petty cash fund by writing a check for $283. on this date, the fund consisted of $117 in cash and these petty cash receipts: postage expense $145, entertainment expense $90.60, and freight-out $46.40. instructions (a) journalize the petty cash transactions. (b) post to the petty cash account. (c) what internal control features exist in a petty cash fund?
Answers: 2
Business, 22.06.2019 10:30, natajaeecarr
Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?
Answers: 2
Business, 22.06.2019 12:50, HarleyQuinn117
Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:
Answers: 2
Business, 22.06.2019 17:00, ocean11618
Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?
Answers: 3
Kael company maintains a petty cash fund for small expenditures. these transactions occurred during...
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