Prepare the journal entry to record the replenishment

Assignment Help Accounting Basics
Reference no: EM132094341

Question - On March 20, Dody's petty cash fund of $110 is replenished when the fund contains $13 in cash and receipts for postage $47, freight-out $15, and travel expense $31.

Prepare the journal entry to record the replenishment of the petty cash fund.

Reference no: EM132094341

Questions Cloud

Create a wage and hour standard for the job opportunity : Create a Wage and Hour standard for the job opportunity that you had selected in Assignment 2, and support your standard by using the Fair Labor Standards Act.
What is pat recognized gain on the exchange : Creek Corporation voting stock having a fair market value of $70,000, and $10,000 in cash. What is Pat's recognized gain on the exchange
Which change model you would follow for short-term change : Assume you are the Sales and Marketing Director for Sea Treasures, a small group of well-known retail stores specializing in exotic sea life and high-end.
WHS Management System : WHS Management System.
Prepare the journal entry to record the replenishment : On March 20, Dody's petty cash fund of $110 is replenished when the fund contains $13 in cash, Prepare the journal entry to record the replenishment
Customers enter the camera department : Customers enter the camera department of a store at the average rate of five per hour. What is the utilization of the clerk?
Discuss the steps of kotter model : Think of an organization you have worked for or one with which you are very familiar. Diagnose the need for change and present a plan to transform.
Prepare norris income tax journal entry : At the beginning of 2013, Norris Company had a deferred tax liability of $5,800, Prepare Norris's income tax journal entry at the end of 2013
Prevented using project schedule management plan : Discuss how these problems might have been prevented using Project Schedule Management Plan.

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