This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Kohen Co establishes a Petty Cash Fund of 100 . During the month, Kohen Co made the following ... (Read 25 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
on: Jul 6, 2018
Kohen Co establishes a Petty Cash Fund of 100 . During the month, Kohen Co made the following payments from its Petty Cash Fund: Bought pencils and pens, 15.00 Paid postage on packages, 12.00 S. Kohen, the owner, withdrew 45.00 for personal use. The journal entry to reimburse the fund would be:
 a. Petty Cash Fund 72
  Cash 72
   b. Cash 28
  Petty Cash Fund 28
   c. Supplies 15
  Miscellaneous Expense 12
  S. Kohen, Drawing 45
  Cash 72
   d. Supplies 15
  Miscellaneous Expense 12
  S. Kohen, Drawing 45
  Petty Cash Fund 72

Question 2

The statement of cash flows shows the changes in the balance sheet accounts between periods.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alexisweber49

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

F


EY67

  • Member
  • Posts: 531
Reply 2 on: Jul 6, 2018
Wow, this really help

LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Elastic fibres are made of elastin, one type of structural protein found in the ECM of animal cells Elastic fibres are made of elastin, one type of structural protein found in the ECM of animal cells
The nucleic acids DNA and RNA are made from chains of nucleotides. The nucleic acids DNA and RNA are made from chains of nucleotides.
An aryballe vase or decanter made for carrying body oils clearly demonstrates that ancient Greeks we An aryballe vase or decanter made for carrying body oils clearly demonstrates that ancient Greeks we
Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked
Proteins Are Made of Amino Acids Proteins Are Made of Amino Acids
Video: Neuron Type Animation

For a complete list of videos, visit our video library