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

Author Question: A petty cash fund of 200 has 27 in cash, 170 in petty cash vouchers, and 3 in miscellaneous receipts ... (Read 348 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
on: Jul 5, 2018
A petty cash fund of 200 has 27 in cash, 170 in petty cash vouchers, and 3 in miscellaneous receipts not included with the petty cash vouchers. The debit to the Cash Short and Over would be
 a. 173.
   b. 170.
   c. 27.
   d. 0.

Question 2

Inventory consists of items that ________.
 
  A) are purchased for resale to customers as a normal operating activity
  B) are purchased, and will be sold to customers only if they go up in market value
  C) are intangible in nature
  D) can be stored indefinitely and will be held in the business


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joanwhite

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

A


ETearle

  • Member
  • Posts: 580
Reply 2 on: Jul 5, 2018
Gracias!

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Selected Biologic Response Modifiers and Miscellaneous Antineoplastics Selected Biologic Response Modifiers and Miscellaneous Antineoplastics
That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by
Miscellaneous Antineoplastics Miscellaneous Antineoplastics
Miscellaneous Anti-Infectives Miscellaneous Anti-Infectives
How to calculate the future value of a mutual fund How to calculate the future value of a mutual fund
Hank Wilkins invested $4200 in a mutual fund containing bonds. Hank Wilkins invested $4200 in a mutual fund containing bonds.
Video: Power Supply Polyacrylamide Gel Protein Sample

For a complete list of videos, visit our video library