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Waupaca Company establishes a $ 350 petty cash fund on September 9. On September 30, the fund shows $ 104 in cash along with receipts for the following expenditures: transportation in, $ 40; postage expenses, $ 123; and miscellaneous expenses, $ 80. The petty cashier could not account for a $ 3 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory.
Prepare:(1) The September 9 entry to establish the fund,
(2) The September 30 entry to reimburse the fund,
(3) An October 1 entry to increase the fund to $ 400.
Prepare a production budget for January and February 2012 and prepare a direct materials budget for January 2012.
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Using the information from part what would monthly sales in members and dollars have to be to achieve a target net income of $10,000 for the month?
How much could the hacker steal in 3 months?
Find financial statements for any "for profit" company in the computer hardware industry - Complete a ratio analysis for that company's last year's financial data
Prentice Company is considering dropping one of its product lines. What costs of the product line would be relevant to this decision? Irrelevant?
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the net income of steinbach and sons a department store decreased sharply during 2014. mort steinbach manager of store
Stock values: Warren Corporation will pay a $3.60 per share dividend next year. The company pledges to increase its dividend by 4.5 percent per year indefinitely. If you require a 13 percent return on your investment, how much will you pay for the..
What is HiTech's pool rate for the material-handling activity - what is HiTech's pool rate for the automated machinery activity and under an activity-based costing system, what is the per-unit overhead cost of Economy?
Compute the amount of retained earnings at the end of 2013 and If the amount of retained earnings at the beginning of 2013 was $30,000, and $12,000 in cash dividends were declared and paid during 2013, what was its net income for 2013?
Prepare an income statement for the year 2001 and a balance sheet as of December 31, 20x1.
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