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On March 20, Garber's petty cash fund of $100 is replenished when the fund contains $47 in cash and receipts for postage $31, supplies $16, and travel expense $6. Prepare the journal entry to record the replenishment of the petty cash fund. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Do you approve or disapprove of Dobbs's manner of deciding when to ship goods to customers and record the sales revenue? If you approve, give your reason. If you disapprove, identify a better way to decide when to ship goods. Is there an accountin..
Complete the installment payments schedule for the first 2 years. (Round answers to 0 decimal places, e.g. 125. Use rounded amounts for future calculations.
Explain why a firm like Grate Care might decide to use both residual income and return on investment as measures of performance.
Why must preferred stock dividends be subtracted from net income in computing earnings per share? Why is common stock usually not issued at a price that is less than par value?
micro technology is considering two alternative proposals for modernizing its production facilities. to provide a basis
The Batek or The Batek De' are one group of Malayan aborigines that are still nomadic hunters and gatherers, so the exact locations of their settlements change when one of their tribe members dies or the resources that they use for survival is dep..
The sales mix for products L and M is 60% and 40%, respectively. Determine the break even point in units of L and M.
Write a 200- to 300-word paragraph answering the following questions: What are the pros and cons of using reversing entries?
what are the types of equity accounts? what is the role of equity accounts in raising capital? under what circumstances
use the following information to complete paul and judy vances 2011 federal income tax return. if information is
1.At the beginning of 2013, VHF Industries acquired a machine with a fair value of $6,074,700 by signing a fouryear lease. The lease is payable in four annual payments of $2 million at the end of each year.
As a part of your examination, be sure to discuss the relationship between human development and socialization and how this relationship affects your selected psychological disorder. Use a minimum of four sources.
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