subject
Business, 12.11.2019 03:31 jeff2852

Pelcher co. maintains a $400 petty cash fund. on january 31, the fund is replenished. the accumulated receipts on that date represent $110 for office supplies, $140 for merchandise inventory, and $70 for miscellaneous expenses. there is a cash overage of $4. the journal entry to replenish the fund on january 31 is: a. dr. office supplies, $110; dr. merchandise inventory, $140; dr. miscellaneous expenses, $70; dr. cash over and short, $4; cr. petty cash, $324.b. dr. office supplies, $110; dr. merchandise inventory, $140; dr. miscellaneous expenses, $70; dr. cash over and short, $4; cr. cash, $324c. dr. office supplies, $110; dr. merchandise inventory, $140; dr. miscellaneous expenses, $70; cr. cash over and short, $4; cr. petty cash, $316.d. dr. office supplies, $110; dr. merchandise inventory, $140; dr. miscellaneous expenses, $70; cr. cash over and short, $4; cr. cash, $316.e. dr. office supplies, $110; dr. merchandise inventory, $140; dr. miscellaneous expenses, $70; dr. cash over and short, $4; cr. petty cash, $400.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:00
Afirm's before-tax cost of debt, rd, is the interest rate that the firm must pay on debt. because interest is tax deductible, the relevant cost of debt used to calculate a firm's wacc is the cost of debt, rd (1 – t). the cost of debt is used in calculating the wacc because we are interested in maximizing the value of the firm's stock, and the stock price depends on cash flows. it is important to emphasize that the cost of debt is the interest rate on debt, not debt because our primary concern with the cost of capital is its use in capital budgeting decisions. the rate at which the firm has borrowed in the past is because we need to know the cost of capital. for these reasons, the on outstanding debt (which reflects current market conditions) is a better measure of the cost of debt than the . the on the company's -term debt is generally used to calculate the cost of debt because more often than not, the capital is being raised to fund -term projects. quantitative problem: 5 years ago, barton industries issued 25-year noncallable, semiannual bonds with a $1,600 face value and a 8% coupon, semiannual payment ($64 payment every 6 months). the bonds currently sell for $845.87. if the firm's marginal tax rate is 40%, what is the firm's after-tax cost of debt? round your answer to 2 decimal places. do not round intermediate calcu
Answers: 3
question
Business, 22.06.2019 05:50
Match the steps for conducting an informational interview with the tasks in each step.
Answers: 1
question
Business, 22.06.2019 16:50
Slow ride corp. is evaluating a project with the following cash flows: year cash flow 0 –$12,000 1 5,800 2 6,500 3 6,200 4 5,100 5 –4,300 the company uses a 11 percent discount rate and an 8 percent reinvestment rate on all of its projects. calculate the mirr of the project using all three methods using these interest rates.
Answers: 2
question
Business, 23.06.2019 00:30
Kim davis is in the 40 percent personal tax bracket. she is considering investing in hca(taxable) bonds that carry a 12 percent interest rate. what is her after- tax yield(interest rate) on the bonds?
Answers: 1
You know the right answer?
Pelcher co. maintains a $400 petty cash fund. on january 31, the fund is replenished. the accumulate...
Questions
question
Social Studies, 18.07.2021 23:10
question
Arts, 18.07.2021 23:10