User Account

All Pages

Replenishment of the petty cash fund

Assignment Help Accounting Basics
Reference no: EM13972926

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.)

Reference no: EM13972926

Questions Cloud

Replenishment of the petty cash fund : 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.
Explain the company''s position on the eeoc claim. : Write a 2-3-page paper in Word format based on EEOC recommendations for your position statement. Apply APA standards to citation of sources. Use the following file naming convention:
Why we need universal-not gate in quantum computing : The universal-NOT gate in quantum computing is an operation which maps every point on the Bloch sphere to its antipodal point (see Buzek et al, Phys. Rev. A 60, R2626-R2629). In general, a single qubit quantum state, |??=α|0?+β|1? will be mapped t..
Brief summary of the history of islam : Describe significant differences and similarities in how the branches of Islam (Sunni, Shiite, and Sufi) practice their traditions.
Replenishment of the petty cash fund : 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.
Determine the payback period : Norman uses straight-line depreciation. Expected revenue is $25,000 per year. Assume that depreciation is the only expense associated with this investment. Required a. Determine the payback period. (Round your answer to 1 decimal place.) (years)
How have these relationships evolved over time : Discuss how politicians have traditionally benefited from partnerships with organized crime and how criminal figures have benefited from a reciprocal relationship
New equipment after the exchange : Koch exchanges business equipment with an adjusted basis of $40,000 for business equipment with a fair market value of $65,000. If the exchange qualifies for like-kind exchange treatment, what is Koch's adjusted basis for the new equipment after t..
Effects of a premium bond issue : Grocery Corporation received $312,341 for $260,000, 11.0 percent bonds issued on January 1, 2008, at a market interest rate of 8.0 percent.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Seen as a premise in an argument

A valid deductive argument, the premises of which are accepted as true, shows

  Lion corporation manufactures several types of accessories

lion corporation manufactures several types of accessories. for the year the gloves and mittens line had sales of

  Costs is relevant in this decision

Assume the company has 90 units left over from last year which have small defects and which will have to be sold at a reduced price for scrap. The sale of these defective units will have no effect on the company's other sales. Which of the following ..

  Fleury co has a 38 tax rate its total interest payment for

fleury co. has a 38 tax rate. its total interest payment for the year just ended was 32 million. what is the interest

  Pierce company issued 11 bonds dated january 1 with a face

pierce company issued 11 bonds dated january 1 with a face amount of 800000 on january 1 2009. the bonds sold for

  Compute the number of flags kincaid

Use the equation approach to compute the number of flags Kincaid must sell each year to break even.

  Grove corporation issued 4000000 of 8 bonds on october 1

grove corporation issued 4000000 of 8 bonds on october 1 2014 due on october 1 2019. the interest is to be paid twice a

  Carson sells 30 of its merchandise to cash customers of the

the sales budget of carson industries projects the following sales for januaray through mayjan- 235000feb-

  Boeing is one of the worlds major aerospace firms

boeing is one of the worlds major aerospace firms withoperations involving commercial aircraft military

  Comprehensive review problem-harriet hats

Harriet's Hats is a fictional company. The following information includes the balance sheet as of December 31, 2013 and the details of the transactions that occurred during 2014.

  Journal entry for one year insurance policy

On April 1, 2005, Hofiani Company purchased a one year insurance policy for $3,600. What was the journal entry which Hofiani Company made on April 1, 2005?

  Problem regarding the merchandise inventory

When using a periodic inventory method, what account is increased when you buy merchandise inventory?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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