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Author Question: Entries are made to the petty cash account when a. making payments out of the fund b. recording ... (Read 90 times)

serike

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Entries are made to the petty cash account when
 a. making payments out of the fund
  b. recording shortages in the fund
  c. replenishing the petty cash fund
  d. establishing the fund

Question 2

Match each of the following situations with the appropriate term below. Terms may be used more than once.
 
  a. maturity
  b. interest
  c. premium
  d. discount
 
  ______ 1. Bank, Rupp & Baroque, Inc. issued bonds that sold for 101,000.
  ______ 2. Bank, Rupp & Baroque, Inc. bonds carried a stated rate of 6.5.
  ______ 3. Bank, Rupp & Baroque, Inc. bonds will be due in 2030.
  ______ 4. Bank, Rupp & Baroque, Inc. issued bonds that sold for 99,000.
  ______ 5. The semi-annual payment to bondholders is 6,000.



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Jane

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Answer to Question 1

d

Answer to Question 2

c, b, a, d, b




serike

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)


at

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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