« previous next »

Author Question: A 150 petty cash fund has cash of 54 and receipts of 83 . The journal entry to replenish the account ... (Read 282 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
on: Jul 5, 2018
A 150 petty cash fund has cash of 54 and receipts of 83 . The journal entry to replenish the account wouldinclude a
 a. credit to Petty Cash for 29
  b. debit to Cash for 83
  c. debit to Cash Over and Short for 13
  d. credit to Cash for 54

Question 2

Acme, Inc. accepted a promissory note from NadirCo, who promised to pay Acme 5,000 plus 6 interest at the end of four months. When NadirCo pays the note, Acme will receive ________.
 
  A) 5,000
  B) 5,300
  C) 5,100
  D) 5,150


sierramartinez

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Example of Index entry with Main Term and indented subterms. Example of Index entry with Main Term and indented subterms.
The four routes of entry into the human body for hazardous materials. The four routes of entry into the human body for hazardous materials.
Food vs Cash: Which Is More Effective for Alleviating Hunger? Food vs Cash: Which Is More Effective for Alleviating Hunger?
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ... A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ...
Time-of-entry mapping Time-of-entry mapping
The Hfr chromosome time-of-entry map is assembled from the recombinant data The Hfr chromosome time-of-entry map is assembled from the recombinant data
Video: What Are Carbohydrates? Importance of Carbs & High Carb Food

For a complete list of videos, visit our video library