Replenishment of petty cash fund

Assignment Help Accounting Basics
Reference no: EM13523482

Petty Cash

Prepare journal entries for the following

1. $100 petty cash fund established 1/1

2. Replenishment of petty cash fund after $50 used for postage and $25 used fo purchase paper for copier.

Reference no: EM13523482

Questions Cloud

Estimate the average per capita energy consumption : The world consumes energy at the rate of about 456 per year, where the joule is the SI energy unit. estimate the average per capita energy consumption rate in watts
Does this bestplan help you to live a moral life : Multiple Strategies Utilitarianism is a theory for maximizing the general welfare of all. If this theory is valid an individual should be able to be happy while positively contributing to the welfare of others.
Best medications available to treat schizophrenia : For a number of years (from basically the late 1950s until the early 1980s) the best medications available to treat schizophrenia and other psychotic disorders were neuroleptic drugs (also called phenothiazines) such as thorazine, mellaril, and st..
What is the maximum height the ball goes above the ground : A soccer ball is kicked with an initial horizontal velocity of 15.0 m/s and an initial vertical velocity of 14.0 m/s. What is the maximum height the ball goes above the ground
Replenishment of petty cash fund : Prepare journal entries - Replenishment of petty cash fund after $50 used for postage and $25 used fo purchase paper for copier.
In defense of the death penalty : What ethical (moral) camp would Ernest Van Den Haag be classified as belonging to in his essay: "In Defense of the Death Penalty?"
Calculate the heat absorbed and the waste heat ejected : A Carnot engine has 40 g of helium gas as its working substance. It operates between two reservoirs of temperatures T1 = 400°C and T2 = 60°C. Calculate the heat absorbed and the waste heat ejected during one cycle
Explain solution before the solution become saturated : The Ksp of Ba3(Po4)2 is 6.0 x 10^-39. How many grams of Ba3(PO4)2 can be dissolved in 250mL of solution before the solution become saturated. Molar Mass of Ba3(PO4)2 = 601.9 g/mole
Find the average acceleration during braking : If a car traveling at 23 m/s is brought to a full stop in 3.8 s after the brakes are applied, find the average acceleration during braking

Reviews

Write a Review

Accounting Basics Questions & Answers

  Topper corporation has 60000 shares of 1 par value common

topper corporation has 60000 shares of 1 par value common stock and 16000 shares of cumulative 7 100 par preferred

  Prevention of management fraud in australia

Are there any other regulatory controls or mechanisms (other than internal controls) that could prevent management fraud in Australia? If so, briefly discuss the ability of these mechanisms to prevent fraud?

  Budgeted sales data

Parlee Company's sales are 30% in cash and 70% on credit. Sixty % of the credit sales are collected in the month of sale, 25% in the month following sale, and 12% in the second month following sale. The remainder is uncollectible. The following ar..

  How does the united states tax erica''s activities?

How does the United States tax Erica's activities? How would your answer change if Erica were a self-employed technician rather than an employee?

  Cigars requiere 80000 in separable costs while chewing

western corp. produces two products cigars and chewing tobacco from a joint process involving the processing of tobacco

  Effect of the errors on net income

What is the effect of the errors on 2009 net income before taxes?

  What is the contribution margin per unit

Carolina Products sells a unique item with the following information available.

  How much must be paid in dividends

TMI is a calendar year personal service corporation which reports income on a calendar year end basis. TML is also a personal holding company. TML had $125,000 of taxable income during the year. It is now December 31st.

  What are the entries accomplishing in the consolidation

Class, the textbook describes the consolidating entries that are entered on a work sheet as S A I D E and P. What do these letters represent and what are the entries accomplishing in the consolidation.

  Introduction to internal controls

An introduction to internal controls, explaining in your own words the two primary goals of internal control.

  What will be the depreciation on the building

What will be the depreciation on the building

  Hunten manufacturing assigns overhead based upon machine

hunten manufacturing assigns overhead based on machine hours. the milling department logs 1400 machine hours and

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