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Question - On November 1, a company established a $90 petty cash fund. On November 12, the petty cash fund contains $3 in cash and the following paid petty cash receipts:
Transportation-in on merchandise inventory $14.25;
Postage, $34.50;
And office supplies, $36.
Give the entry to reimburse the fund and to increase its amount to $150 on November 12.
Alpha Company had credits sales that amounted to $300,000. Use this information to prepare the adjusting General Journal entry for the fiscal year
She plans take up the loan on 8th December 2021 and promise to repay back by 22nd August 2022. How much is her total repayment for Zara's loan
a state or local government may employ only one of the certain fund or nonfund accounting entities but one none or many
Which Exploration for and evaluation of mineral resources is? the search for mineral resources after the entity has obtained legal rights to explore in specific
Travel purchased an additional $ 680,000 during June. Using the gross profit method, estimate the value of the inventory destroyed in the fire
Draw two process maps to reflect the business processes at Katrupi. Katrupi, Inc., has five departments that handle all sales, billing, and collection process
Use this information to make the General Journal entry (without explanation) for August 15. If no entry is required then write "No Entry Required."
What is the general principle of capitalizing costs to property, plant and equipment? Which of the following may qualify as a qualifying asset?
Need a short essay in cost accounting for australia
Specify accounting exposure and operating exposure. Determine the main financial statement effects of each type of exposure if XYZ, Inc. expands as proposed.
What was the cost of merchandise that Dave's purchased during the year? Dave's Duds reported cost of goods sold of $2,000,000 this year.
The company reported sales of P10,000,000 for 2020; P12,500,000 for 2021; and P15,000,000 for 2022. What is the warranty liability on December
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