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14,15,16,17 please answer the multiple choices. Please answer the questions 14 and 15 by using the information given below: The transactions involving the petty cash

14,15,16,17 please answer the multiple choices.

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Please answer the questions 14 and 15 by using the information given below: The transactions involving the petty cash fund of Taco Company during June are as follows: *On June 1, it established a petty cash fund in the amount of $200, which will be under the control of the office assistant manager. **A summary of the petty cash expenditures as of June 22 is as follows: Postage stamps $ 42.00 Supper money for office employees working overtime 18.00 Office supplies 28.00 Window washing service 50.00 Flowers for hospitalized employee 17.00 Employee's IOU 6.00 ***The petty cash fund was replenished on June 22. The balance in the fund was $25. The office assistant manager is not responsible for the difference. ****The petty cash fund balance was increased by $175 on June 22. 14. What is the amount of (if any) cash short/over? a. Cash Short by $ 25 b. Cash Short by $ 14 c. Cash Over by $ 14 d. Cash Over by $ 25 15. Which of the following is the correct statement for the replenishment of the fund? a. Debits Cash $ 175; credits Petty Cash $ 175 b. Debits Cash $ 25; credits Petty Cash $ 25. c. Debits Petty Cash $ 175; credits Cash $ 175 d. Debits Petty Cash $ 25; credits Cash $ 25. Please answer the questions 16 and 17 by using the information given below: January 1, 2019 Prepaid rent Interest payable December 31, 2019 $ 1,875 $ 1,125 $4,280 Cash payments for interest is $4,000 and rent is $5,000. 16. What is the interest expense for the year? a. $ 4,000 b. $ 1,125 c. $ 7,155 d. $ 845 17. What is the rent expense for the year? a. $ 5,000 b. $ 1,875 c. $ 3,125 d. $6,875

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