User Account

All Pages

What is the balance of cash working fund as of june

Assignment Help Financial Accounting
Reference no: EM132630625

The auditor for skye company examined the office cash working fund immediately after the close of business june 30, 2016 the end of the company fiscal year the following fund composition was arrived at:

currency 972

unreplenished vouchers:

supplies 388

transportation 240

repair 170

advancesto employee 400

checkdrawn by skye payable to cash custodian 1100

a check prepared by an employee payable skye 230

a sheet of paper bearing signatures of several employees, together with their contributions (total 500)for a gift to a departing employee attached to the currency is a paper currency of 500

The cash working fund has an imprest balance of 4,000. All replenished vouchers are dated prior june 30 2016

Required:

Question 1: Compute the amount cash of shortage or overage

Question 2: adjusting entries journal entries on december 31 2016

Question 3: what is the balance of cash working fund as of june 30,2016

Reference no: EM132630625

Questions Cloud

Evidence around restraints for challenging behaviours : Who is displaying challenging behaviour's are restraints (physical or chemical) acceptable? Drawing on contemporary evidence provide recommendations
Create journal entry of reflecting on personal experiences : Create a journal entry of 200-250 words reflecting on your personal experiences or thoughts regarding alternative therapies, integrating content from.
What is gain or loss on sale of investment to be recognized : What is the dividend income to be recognized in 2018? What is the gain or loss on sale of investment to be recognized in 2018?
Define what clinical problem or issue organization is facing : During your practicum, determine what clinical problem or issue the organization is facing. Discuss two implications for nursing. The response must be typed.
What is the balance of cash working fund as of june : What is the balance of cash working fund as of june 30,2016. The cash working fund has an imprest balance of 4,000. All replenished vouchers
Discuss why two databases are better than google scholar : Identify two GCU Library scholarly databases that will help you find the best research articles to support your capstone project change proposal.
Analyse the impact and influence which the macro environment : Analyse the impact and influence which the macro environment has on an organisation and Evaluate and apply the outcomes of an analysis using Porter's Five Force
Define the target population for your effort : Define the target population for your effort. Consider factors such as age, gender, ethnicity, location, and health issues. Define your goal.
Campaign trail it is not uncommon to hear them state : When candidates for president are out on the campaign trail it is not uncommon to hear them state,

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd