Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 15, 2024

ABC Company established a 500 petty cash found. at teh end of the accountig peried tehre was 180 of coins and currency in the found

ABC Company established a 500 petty cash found. at teh end of the accountig peried tehre was 180 of coins and currency in the found as well as expense vouchers of 3000. Rekenishin the petty cash found what?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Financial Accounting

Authors: Thomas H. Beechy, V. Umashanker Trivedi, Kenneth E. MacAulay

7th edition

132928930, 978-0132928939

More Books

Students also viewed these Accounting questions

Question

★★★★★

Wenro Company is considering the purchase of an asset for $90,000. It is expected to produce the following net cash flows. The cash flows occur evenly throughout each year. Compute the payback period...

Answered: 1 week ago

Question

★★★★★

Texas Holdem Inc. reported the following data: Net income ......... $85,000 Depreciation expense ..... 14,000 Gain on disposal of equipment . 10,500 Decrease in accounts receivable . 6,000 Decrease...

Answered: 1 week ago

Question

★★★★★

=+b) Why doesnt Hong Kong show up as an influential point in the diagnostics of the 3 predictor model?

Answered: 1 week ago

Question

★★★★★

Selected account balances for Hulse Company at January 1, 2017, are presented below. Accounts Payable ........... $14,000 Accounts Receivable.......... 22,000 Cash .................. 17,000 Inventory...

Answered: 1 week ago

Question

★★★★★

Background Information Recently, there has been talk amongst the partners regarding the expansion of the business into the home construction business. Charles, Bob and Jane support the idea but Mary...

Answered: 1 week ago

Question

★★★★★

Exam Practice Question 3 Consider the following SQL query Select Rentalld, Vehicleld, DateOut From Rental Where CustomerId = '4356' Describe the Linear Search data access method for executing the...

Answered: 1 week ago

Question

★★★★★

A politician develops legislation to increase economic equity. Their opponent refutes the legislation, saying, "He is a billionaire, so how can his policy be legitimate?" What kind of misdirection...

Answered: 1 week ago

Question

★★★★★

Please read the article in the link below and answer the questions. https://kdvr.com/news/macys-typo-leads-to-1500-necklace-being-sold-for-47/ Macy's typo leads to $1,500 necklace being sold for $47...

Answered: 1 week ago

Question

★★★★★

The Covid-19 pandemic has forced many countries to partially shutdown their economies to prevent the spread of the virus. In response, many governments including Barbados have embarked on...

Answered: 1 week ago

Question

★★★★★

Total cash available $64.000 Less cash disbursements For inventory $47,850 For expenses 13,300 For equipment 1,500 Total cash disbursements 62,650 Excess (deficiency) of cash $1,350 Financing: Etc....

Answered: 1 week ago

Question

★★★★★

Review the annual reports of PepsiCo and Amazon, two of the largest publicly traded firms in America. Compute and compare the accounts receivable turnover ratios and the average collection period in...

Answered: 1 week ago

Question

★★★★★

Defendant is on trial for murder. The prosecution called Sherwin Holmes, who testified that he had observed a man enter the house in which the murder was committed, that the man was 6 ' 2" tall,...

Answered: 1 week ago

Question

★★★★★

4. What is the meaning of this statement, we should always demarcate a problem in accordance with our objectives, or with what we are trying to understand? a) Give at least three examples that shed...

Answered: 1 week ago

Question

★★★★★

3. Discuss the following statements: a) The way in which a problem is structured provides many of the premises for the actual solution. b) Our assumptions about the demarcation of a problem will...

Answered: 1 week ago

Question

★★★★★

1. Discuss the following statements: a) When the cause is identified, the effect has always occurred already. b) Predictions made with hindsight are almost always correct.

Answered: 1 week ago

Previous Question Next Question