Petty Cash is categorized as a(n): a. Expense. b. Revenue. c. Liability. d. Asset.
Question:
Petty Cash is categorized as a(n):
a. Expense.
b. Revenue.
c. Liability.
d. Asset.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
Asset Petty cash is categorized as a...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
Question Posted:
Students also viewed these Business questions
-
Emily Jackson (Social Security number 765-12-4326) and James Stewart (Social Security number 466-74-9932) are partners in a partnership that owns and operates a barber shop. The partnership's first...
-
Jen and Berry's sells ice-creams from its factory-shop in Petone. There is a managing director (Maynard Dibble), a marketing manager (Mary Salman) and a production manager (Peter Pritchard). Maynard...
-
Carol Harris, Ph.D, CPA, is a single taxpayer and she lives at 674 Yankee Street, Durham, NC 27409. Her Social Security number is 793-52-4335. Carol is an Associate Professor of Accounting at a local...
-
From the following facts, calculate the correct cost of inventory for Sue Company. Cost of inventory on shelf, $4,500, which includes $280 of goods received on consignment. Goods in transit en...
-
Using the base case parameters, plot the implied volatility curve you obtain for the base case against that for the case where there is a jump to zero, with the same . As a base case, assume S =...
-
Why prepare a working paper index before an audit begins?
-
What are the advantages and disadvantages between arbitration and litigation?
-
J. K. Pratt Co. had the following transactions: 20-1 July 20 Received a $750, 30-day, 10% note from J. Akita in payment for sale of merchandise. Aug. 19 J. Akita paid note issued July 20 plus...
-
Instructions Part 1 - Create a Word Problem: Create a real-world problem that can be solved using a system of equations. 1. Write out your word problem. 2. Set up the two equations that you will use...
-
The demand for bottled water increases during the hurricane season in Florida. The operations manager at a plant that bottles drinking water wants to be sure that the filling process for 1-gallon...
-
What is the term for the person or firm issuing a check? a. Drawee b. Drawer c. Payee d. Bank
-
Which of the following is true for the Cash Short or Over account? a. Cash Short or Over is debited when there is a cash shortage. b. Cash Short or Over is debited when there is a cash overage. c....
-
Which of the following are observed properties of gases? (a) Variable volume (b) Expand infinitely (c) Compress uniformly (d) Low density.
-
Your client is John, a 36-year-old car mechanic. John was diagnosed four months ago with a "Mood Disorder-Mania with Psychotic Features." His delusions are the grandiose type and John believes he has...
-
Create a plan for the Wing Chun fundraising martial arts event to benefit The Smith Family: https://otkfa.com/sifu-john/ Secure Event Space Contact local dojo to request use of their training space...
-
Suppose you import a static mesh with 2066472 triangles. The mesh is a closed manifold with no holes or handles or boundary. Using the approximation seen in class derived from the Euler...
-
You have some urgent business to attend to in GuangZhou in China. You need to fly from Toronto to GuangZhou. You can take China Southern Airlines or Air Canada. Considering the data provided, which...
-
What is Macy's SWOT? SWOT Matrix and Analysis (comes from researching the firm, industry, and competitors). It is important to know the difference between causes and effects in the SWOT analysis....
-
The State Spartan Corporation is considering two mutually exclusive projects. The free cash flows associated with these projects are as follows: PROJECT A PROJECT B Initial...
-
Assume a simple Keynesian depression economy with a multiplier of 4 and an initial equilibrium income of $3,000. Saving and investment equal $400, and assume full employment income is $4,000. a. What...
-
What are posting references? Why are they used? Discuss.
-
What are posting references? Why are they used? Discuss.
-
The transactions that follow took place at the Lancaster Sports Arena during September 2013. This firm has indoor courts where customers can play tennis for a fee. It also rents equipment and offers...
-
When you think of your existence in the world, how do you think of it? How do you exist in the world? What is the world? What are you? What is the relationship between you and the world? Now consider...
-
Requirement 2 Drop Down Options: 1. Generating ORUsing 2.Divesting itself of ORInvesting in new 3. Borrowing OR Issuing Stock.......Borrowing OR Issuing 4. Decreased OR Increased 5. Strong OR Weak...
-
Competitive Analysis/competitive landscape research was introduced this semester as an important quadrant of export market research. Using two case studies that we discussed only in class, illustrate...
Study smarter with the SolutionInn App