At the time a $350 petty cash fund is being replenished, the company's accountant finds vouchers totaling $300 and petty cash of $50. the vouchers include: postage, $70; business lunches, $105; delivery fees, $90; and office supplies, $35. which of the following is not recorded when recognizing expenditures from the petty cash fund?

a)debit postage expense, $70
b)debit office supplies, $35
c)debit petty cash, $300
d)credit petty cash, $300

Emil motycka is considered an entrepreneur because

In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society? a. two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells.b. two airlines dominate air travel between city a and city b, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities.c. two superpowers decide whether to build new weapons or to disarm.d. in all of the above cases, the cooperative outcome of the game is good for the two players and bad for society

Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.