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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 111 times)

serike

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on: Jul 5, 2018
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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Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

c, b, a, d, b


serike

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  • Posts: 542
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

dyrone

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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