Denison Corp. established a petty cash fund at the beginning of the current month. At the end
Question:
Determine the amount of the check written at the beginning of the month to establish the fund.
Transcribed Image Text:
44.00 49.70 22.40 66.20 2.20 Jan. 31 Postage Expense Delivery Expense Entertainment Expense Office Supplies Expense Cash Over and Short Cash To record replenishment of petty cash fund. 184.50
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
The amount of cash needed to replenish the fund ...View the full answer
Answered By
Jonas Araujo
I have recently received the degree of PhD. In Physics by the Universidade Federal do Maranhão after spending a term in Durham University, as I have been awarded a scholarship from a Brazilian mobility program. During my PhD. I have performed research mainly in Theoretical Physics and published works in distinguished Journals (check my ORCID: https://orcid.org/0000-0002-4324-1184).
During my BSc. I have been awarded a scholarship to study for a year in the University of Evansville, where I have worked in detection-analysis of photon correlations in the the Photonics Laboratory. There I was a tutor in Electromagnetism, Classical Mechanics and Calculus for most of that year (2012).
I am very dedicated, honest and a fast learner, but most of all, I value a job well done.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Financial Accounting The Impact On Decision Makers
ISBN: 9781305793194
10th Edition
Authors: Gary A. Porter, Curtis L. Norton
Question Posted:
Students also viewed these Cost Accounting questions
-
Turner Excavation maintains a checking account and has decided to open a petty cash fund. The following petty cash fund transactions occurred during July: July 2 Established a petty cash fund by...
-
The following transactions occurred in April for Joyous Co.: 201X Apr. 1 Issued check no. 14 for $120 to establish a petty cash fund. 5 Paid $10 from petty cash for postage, voucher no. 1. 8 Paid $16...
-
The following transactions occurred in April for Joyous Co.: 201X Apr. 1 Issued check no. 14 for $125 to establish a petty cash fund. 5 Paid $13 from petty cash for postage, voucher no. 1. 8 Paid $16...
-
In Exercises sketch the graph of an arbitrary function that satisfies the given condition but does not satisfy the conditions of the Mean Value Theorem on the interval [-5, 5]. is continuous on...
-
The three blood banks in Franklin County are coordinated through a central office that facilitates blood delivery to four hospitals in the region. The cost to ship a standard container of blood from...
-
D. Staunton is a sole proprietor and you are given the following information relating to her business: \section*{Additional information:} 1 The inventory was counted at 30 September 2024 and was...
-
1. CPA QUESTION Under the UCC Secured Transactions Article, perfection of a security interest by a creditor provides added protection against other parties in the event the debtor does not pay its...
-
In the early 1980s, New England Electric System (NEES) was deciding how much to bid for the salvage rights to a grounded ship, the SS Kuniang. If the bid were successful, the ship could be repaired...
-
Consolidation at the end ofthe ?rst year subsequent to date of acquisition??Equity method (purchase price equals book value) Assume that a parent company acquires its subsidiary on January 1, 201 9...
-
You work for ConstCo, a medium-sized engineering and construction company with annual profits of about $100 million. You recently entered as a contractor into a bidding process for a large...
-
On January 2, Carson Car Rentals decided to set up a petty cash fund. The treasurer established the fund by writing and cashing a $300 check and placing the coin and currency in a locked petty cash...
-
The following current asset appears on the balance sheet in 3M Company's Form 10-K for the year ended December 31, 2013 (amounts in millions of dollars): Required 1. What is the balance in 3M...
-
In preparing its accounts for the year to 31 May 2007, Whiting plc had been faced with a number of accounting problems, the details of which were as follows: (i) The company had closed down its...
-
Bobby owns ten acres of land in rural Ohio, where he keeps a small herd of wild boar. Wild boar regularly attack humans. The attacks, which are usually unprovoked, can cause injury from bites and...
-
Compare and contrast microkernel and monolithic kernel architectures. What are the fundamental trade-offs between these two design paradigms in terms of performance, security, and maintainability ?
-
Discuss the role of the kernel in enabling virtualization technologies. What is the difference between kernel-based virtual machines (e.g., KVM) and traditional hypervisors, and how do kernels manage...
-
Analyze the challenges and best practices associated with kernel upgrades and patch management in production environments. How does the kernel community ensure backward compatibility and minimize...
-
Describe the legal and ethical dilemma discussed in the case study . Analyze the key ways in which a patient's right to die relates to this specific case. The legal and ethical dilemma discussed in...
-
Researchers have found a correlation between respiratory rate and body mass in the first three years of life. This correlation can be expressed by the function log R(w) = 1.83 - 0.43 log(w), where w...
-
San Carlos Bank and Trust Company uses a credit-scoring system to evaluate most consumer loans that amount to more than $2,500. The key factors used in its scoring system are found at the conclusion...
-
Notes Receivable Patterson Company is a large diversified business with a unit that sells commercial real estate. As a company, Patterson has been profitable in recent years with the exception of the...
-
How would you evaluate the following statement: The cash flows to a company are irrelevant to an investor; all the investor cares about is the potential for receiving dividends on the investment?
-
A key characteristic of useful financial information is understandability. How does this qualitative characteristic relate to the background of the user of the information?
-
When there are several different sources of uncertainties that interact to produce an outcome, we use --------- method to understand their impact on the outcome of interest. a. Probability Simulation...
-
Although elitists and pluralists present political influence as a tug - of - war with people at opposite ends of a rope trying to gain control of government, in reality government action and public...
-
Fiscal policy refers to A . making changes in private expenditures as a result of changes in government spending. B . efforts to balance a government's budget. C . making changes in the quantity of...
Study smarter with the SolutionInn App