Prepare the journal entry to record the replenishment

Assignment Help Accounting Basics
Reference no: EM132687769

On March 20, Swifty's petty cash fund of $115 is replenished when the fund contains $20 in cash and receipts for postage $49, supplies $11, and travel expense $35.

Problem 1: 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: EM132687769

Questions Cloud

What is the cost of the building and land : What is the cost of the building? Sheffield Co. purchased land as a factory site for $592,000. The process of tearing down two old buildings
Correlation between patient blood and urine glucose results : Given the following physical urinalysis results, determine potential causes, and identify which additional urinalysis results may also be abnormal
MK9709 Global Consumers and Marketplaces Assignment : MK9709 Global Consumers and Marketplaces Assignment Help and Solution, Newcastle Business School - Assessment Writing Service
Why would some microbes specialize in a different food : Why would some microbes specialize in a different food source than the surrounding microbes?
Prepare the journal entry to record the replenishment : Prepare the journal entry to record the replenishment of the petty cash fund. (Credit account titles are automatically indented when amount is entered.)
List sources of stress in the workplace : List sources of stress in the workplace that can lead to unsatisfied employees and possible union organization? The response must be typed.
Demonstrate the cost of the land and the cost of building : Demonstrate the cost of the land and the cost of the building as they should be recorded on the books of Sheffield Co. Assume that the land survey
What are expected total costs for these three cost : If direct labor hours in November are expected to be 13,000, what are expected total costs for these three cost items in November
What is starch hydrolysis : What is Starch Hydrolysis? and for what is use?

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