Calculator A $93 petty cash fund has cash of $21 and receipts of $63. Which of the following would be part of the journal entry to replenish the account? Select the correct answer. credit to Cash for $93 credit to Petty Cash for $63 debit to Cash Short and Over for $9 debit to-Cash for $21 Calculator Abbey Co. sold merchandise to Gomez Co. on account, $29,000, terms 2/15, net 45. The cost of the goods sold was $13,532. Abbey Co. issued a credit memo for $3,500 for merchandise returned that originally cost $1,434. Gomez Co. paid the invoice within the discount period. What is the amount of gross profit earned by Abbey Co. on the above transactions? $16,322 $12,892 $3,500 $12,098 Norfolk Sporting Goods purchases merchandise with a catalog list price of $14,864. The retailer receives a 21% trade discount and credit terms of 2/10, n/30. What amount should Norfolk debit to the Inventory account? Round your answer to the nearest whole dollar. $11,743 $17,751 $14,864 $11,508 The following lots of a particular commodity were available for sale during the year Beginning inventory 10 units at $50.00 First purchase 19 units at $55.00 Second purchase 27 units at $58.00 Third purchase 13 units at $65.00 The firm uses the periodic system, and there are 25 units of the commodity on hand at the end of the year. What is the amount of inventory at the end of the year according to the FIFO method? Select the correct answer. $1,250.00 $1,541.00 $3,956.00 $3,931.00 TTTT Jamison Company developed the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, 6/30 $10,325 Note receivable collected by bank 5,430 Outstanding checks 5,789 Deposits-in-transit 3,482 Bank service charge NSF check 1,042 Using the above information, determine the cash balance per books (before adjustments) for Jamison Company. $12,339 $8,018 $3,697 $14,646