What will the entry be to replenish the petty cash fund

Assignment Help Accounting Basics
Reference no: EM132814871

Problem 1: Assume that the custodian of a $450 petty cash fund has $62 in coins and currency plus $383 in receipts at the end of the month. What will the entry be to replenish the petty cash fund?

Reference no: EM132814871

Questions Cloud

What are some good ethical qualities : What are some good ethical qualities a parent should display while engaging with youth and youth sports?
Determine how the project would be executed : After consideration of your proposal from Week 1, the WeLoveVideo, Inc. CIO is having a hard time envisioning how the project would be executed based.
Explain what cultural intelligence is : Explain what cultural intelligence is and how it affects tourism. Aside from the tourist and host culture
Hr field concerning performance appraisals : For years, there has been a debate in the HR field concerning performance appraisals.
What will the entry be to replenish the petty cash fund : Petty cash fund has $62 in coins and currency plus $383 in receipts at the end of the month. What will the entry be to replenish the petty cash fund?
Adopting creative leadership methodologies : What are the hurdles and challenges in adopting creative leadership methodologies in an organization? Please provide references.
What amount should be debited to bad debts expense : What amount should be debited to Bad Debts Expense, assuming 6% of outstanding accounts receivable at the end of the current year are estimated
Discussing the reasons for the two new auditing roles : Write an essay of at least 500 words discussing the reasons for the two new auditing roles in Oracle 12c. Why did Oracle consider them necessary?
Saudi digital library : Discuss the approaches and stages of organizational development in the case of Ukrainian energy company?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd