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1. Fin man Company designated Jill Holland as petty cash custodian and established a petty cash fund of $200. The fund is reimbursed when the cash in the fund is at $15. Petty cash receipts indicate funds were disbursed for office supplies $94 and miscellaneous expense $87. Prepare journal entries for the establishment of the fund and the reimbursement.
How much higher or lower will net operating income be for the year if the underapplied or overapplied overhead is allocated rather than closed directly to cost of goods sold?
Where does the name hedge fund come from?
during april the production department of a process manufacturing system completed a number of units of a product and
mark and lisa are approaching an exciting time in their lives as their oldest son austin graduates from high school
In 2014 Norcraft Sisters Construction agreed to construct a residence hall at University of the North at a price of $8,500,000. The information relating to the costs and billings for this contract is shown below.
there is a retail store selling dvds. this business is relatively simple with approximately the same contribution
the curl up amp dye hair salon has died. it must liquidate its assets. it has a building it must sell that originally
what is exponential depletion of resources? what is peak depletion of resources? what are the economic consequence of
Salaries of $36,000 to Abbott and $56,000 to Martin; interest at 15 percent to be allowed on beginning capital investments; balance to be divided equally. Prepare the journal entry to close the Income Summary account, using the division of netincom..
When does your company record revenue from the sale of merchandise or services and how does your company account for sales returns?
Explain how Cedar Rapids follows the Government Accounting Standards Board (GASB) Statement No. 34
The lease does not transfer title or contain a bargain-purchase option. How should Callaway classify this lease?
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