Business, 19.12.2019 22:31 mallardmya2006

Childers company has an established petty cash fund in the amount of $500. the fund was last reimbursed on november 30. at the end of december, the fund contained the following petty cash receipts:
december 4 freight charge for merchandise purchased $ 51
december 7 delivery charge for shipping to customer $ 75
december 12 purchase of office supplies $ 40
december 18 donation to charitable organization $ 59
if, in addition to these receipts, the petty cash fund contains $262.75 of cash, the journal entry to reimburse the fund on december 31 will include:
a) a debit to transportation-in of $91.
b) a debit to petty cash of $91.
c) a credit to office supplies of $75.
d) a credit to cash over and short of $12.25.
e) a credit to cash of $237.25.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 09:40

The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?

Answers: 1

Answer

Business, 22.06.2019 15:00

Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?

Answers: 1

Answer

Business, 22.06.2019 22:50

What is the difference between the contractual interest rate and the market interest rate?

Answers: 1

Answer

Business, 23.06.2019 01:20

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(50,100)

Answers: 3

Answer

You know the right answer?

Childers company has an established petty cash fund in the amount of $500. the fund was last reimbur...

Questions