Determine which of the statements below describes a petty cash receipta. A petty cash receipt will have a signature line for the person receiving a disbursement from the fund. b. All petty cash receipts are turned in to the company cashier at the end of each day. c. The petty cashier must present all paid receipts to the company cashier in order to replenish the fundd. A petty cash receipt is rarely prenumbered. e. A petty cash receipt is sometimes called a petty cash ticketf. Any person wishing to withdraw funds from a petty cash fund must complete a petty cash receipt.
Answers: 3
Business, 22.06.2019 13:30, ayoismeisalex
On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
Answers: 3
Business, 22.06.2019 20:40, homework1911
Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.
Answers: 2
Determine which of the statements below describes a petty cash receipta. A petty cash receipt will h...
Mathematics, 27.06.2019 12:40
Mathematics, 27.06.2019 12:50
Mathematics, 27.06.2019 12:50
Mathematics, 27.06.2019 12:50