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Louise's Dance Studio created a $200 imprest petty cash fund. During the month, the fund custodian authorized and signed petty cash tickets are follows.
Requirement
1. Make the genral journal entries to a. create the petty cash fund and b. record its replenishment. cash in the fund totals $15, so $10 is missing. include explanations.
Steckelberg Inc. produces and sells a single product. The selling price of the product is $150 per unit and its variable cost is $54 per unit. The fixed expense is $154,560 per month. The break-even monthly unit sales is ??
At the current product mix, how many bottles of Shiny Coat and Flea-B-Gone must the Doggy Palace sell in a year in order to earn a profit of $25,000? (number of each)
worthington company issued 1000000 face value six-year 10 bonds on july 1 2012 when the market rate of interest was 12.
At July 31, Shabbona Company has the following bank information: cash balance per bank $7,420; outstanding checks $762; deposits in transit $1,620; and a bank service charge $20. Determine the adjust cash balance per bank at July 31.
Beige Corporation (a calendar year taxpayer) has taxable income of $150,000, and its financial records reflect the following for the year.
if total liabilities decreased by 25000 and stockholders equity increased by 5000 during a period of time then total
Corporate fraud has become a hot topic in the accounting profession for the last several years. When conducting an audit, an auditor may encounter some corporate fraud.
Stockton Corporation purchased equipment for $32,000. Stockton also paid $400 for freight and insurance while the equipment was in transit. Sales tax amounted to $240. Insurance, taxes, and maintenance the first year of use cost $1,000. How much s..
An invoice for 50000 dollar dated feb 22 has payment terms 4/5, 3/20, n/30. A partial payment of 27000 was made on mar 10 a. How much was credeted to the account b. Determine the outstanding balance after this partial payment.
information for zip manufacturing followsbeginning raw materaisl inventory 46800beginning goods in process inv.
Turner corporation acquired two inventory items at a lump-sum cost 0f $50,000. the acquisition included 3,000 units of product jt, and 7000 units of product b2. jt normally sells for $15 per unit, and b2 for $5 per unit. if tuner sells 1,000 units..
Tosco Co. paid $540,000 for 80% of the stock of Martz Co. when the book value of Martz's net assets was $600,000. For all of Martz's assets and liabilities, book value and fair value were approximately equal.
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