Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry. a. Fund amount is being reduced.
b. Fund amount is being increased.
c. Fund is being eliminated.
d. Fund is being established.

You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.