A receipt called a petty cash voucher should be prepared for every payment from the petty cash fund.
a. True
b. False
Indicate whether the statement is true or false
Question 2
Slumbers, Inc. borrows 3,000 at 12 from a bank on September 1, 2012 and agrees to pay the interest and principal in two years. Which of the following will be reported on the year ended December 31, 2012 financial statements?
A) The balance sheet will report Interest payable of 120.
B) The income statement will report Interest expense of 0.
C) The statement of cash flows will report Cash paid for interest of 120.
D) The income statement will report Interest expense of 360.
Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican
Luna Park at Coney Island was a vast living theater in which strollers were both spectators and acto
James A. Garfield lies mortally wounded. After failing to locate the bullet, surgeons called in Alex
Example of a voucher check.
Cancer cells can move to new locations in the body, a process called metastasis
A thin cleft, called the synapse, separates one cell from another.