At the end of the day the clerk for Ken's Variety Shop noticed an error in the amount of cash he should have. Total cash sales from the sales tape were $ 1 comma 196, whereas the total cash in the register was $ 1 comma 157. Ken keeps a $ 21 change fund in his shop. Prepare an appropriate general journal entry to record the cash sale as well as reveal the cash shortage.

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.

Corrective action must be taken for a project when (a) actual progress to the planned progress shows the progress is ahead of schedule. (b) the technical specifications have been met. (c) the actual cost of the activities is less than the funds received for the work completed. (d) the actual progress is less than the planned progress.