Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 23, 2024

Acompany has a petty cash fund amount of $200. When replenished, it has petty cash tickets of $33 for gas expense, $32 for postage expense,

Acompany has a petty cash fund amount of \$200. When replenished, it has petty cash tickets of $33 for gas expense, $32 for postage expense, \$16 for supplies expense, and $9 formiscellaneous expenses. Assume the cash balance is not over or short. In the journal entry, Cash would be credied for A. $65 B. $90 C. $74 D. $81

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered 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 Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Accounting questions

Question

2.70 Lumber Rights A company interested in lumbering rights for a certain tract of slash pine trees is told that the mean diameter of these trees is 35 cm with a standard deviation of 7 cm. Assume...

Answered: 1 week ago

Question

★★★★★

Franklin Company's comparative balance sheet at January 31, 2017, and 2016, reports the following (in millions): Requirements Three situations about Franklin Company's issuance of stock and...

Answered: 1 week ago

Question

★★★★★

Using Microsoft Excel, Project, or another project management tool of your choiceand approved by your instructor, develop two milestone-level project plans: one using the waterfall and one using...

Answered: 1 week ago

Question

★★★★★

5 (1 point) Regardless of an individual's filing due date, i.e., April 30th or June 15th, any balance of tax owing must be paid by April 30th. a) True b) False

Answered: 1 week ago

Question

★★★★★

Concept of Value Chain. The phrase "value chain" refers to all of the commercial activities and procedures that go into making a product or providing a service. A value chain can include all stages...

Answered: 1 week ago

Question

★★★★★

Calculate the following expressing all answers in lowest terms: 1. 777 = 2. 3 3-3 3. Find the first derivative: f(x) = 4x + 7 4. Find the first derivative: h(x) = 2 5. Find the first derivative: g(x)...

Answered: 1 week ago

Question

★★★★★

The average retirement age in America is 64 years old. Do small business owners retire at an older average age? The data below shows the results of a survey of small business owners who have recently...

Answered: 1 week ago

Question

★★★★★

The average accident on a certain road section is at 2.4 per day, what is the probability that there will be 12 accidents in a week? A bus company operates both a walk-in and online booking to...

Answered: 1 week ago

Question

★★★★★

Step 3: Analyze and document control plane logical configuration features. Analyze the configurations of the devices for control plane features such as routing protocols, First Hop Redundancy...

Answered: 1 week ago

Previous Question Next Question