On January 15, South-West Veterinary established a petty cash fund in the amount of $150. On...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
On January 15, South-West Veterinary established a petty cash fund in the amount of $150. On February 2, the cash on-hand was $30.85, so the Petty Cash Custodian requested a replenishment. The following vouchered receipts were in the petty cash box: 01 Travel $23.00 02 Repairs 37.53 03 22.75 Supplies 04 Postage 28.41 05 Parking 7.50 nswer the following questions based on the information provided above. IMPORTANT: Please enter amounts without dollar signs or commas. Amounts should be written in dollar format, eg: 22.34 or 0.89, etc. 1. How much is the cash over and short amount? 2. When recording the replenishment, we'd Cash Over and Short account. 3. The amount of the replenishment is: ◆ the amount in question 1 to the On January 15, South-West Veterinary established a petty cash fund in the amount of $150. On February 2, the cash on-hand was $30.85, so the Petty Cash Custodian requested a replenishment. The following vouchered receipts were in the petty cash box: 01 Travel $23.00 02 Repairs 37.53 03 22.75 Supplies 04 Postage 28.41 05 Parking 7.50 nswer the following questions based on the information provided above. IMPORTANT: Please enter amounts without dollar signs or commas. Amounts should be written in dollar format, eg: 22.34 or 0.89, etc. 1. How much is the cash over and short amount? 2. When recording the replenishment, we'd Cash Over and Short account. 3. The amount of the replenishment is: ◆ the amount in question 1 to the
Expert Answer:
Related Book For
Posted Date:
Students also viewed these accounting questions
-
On March 2, Pugh Company established a petty cash fund of $100. On March 27, the fund was replenished when it had $8 in cash and receipts for supplies $30, freight out $17, and repairs expense $43....
-
Record the following transactions: A. Started a petty cash fund in the amount of $1,000. B. Replenished petty cash fund using the following expenses: Auto $61, Office Expenses $23, Postage Expense...
-
Record the following transactions: A. Started a petty cash fund in the amount of $500. B. Replenished petty cash fund using the following expenses: Auto $24, Office Expenses $43, Postage Expense $19,...
-
Is CSCH3CO2 ionic or covalent ? Name it QUESTION 7 Is rubidium dichromate ionic or covalent ? Write its formula QUESTION 8 s copper m suhde soric or covaent write its formula QUESTION 9 Is vanadium...
-
Explain in your own words the importance of the stored program concept. Include the role of the control unit in your explanation.
-
Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December 15, Monson sells 15...
-
How many years will it take for your savings account to accumulate $\$ 1,000,000$ if it pays $4 \%$ interest per annum compounded semiannually and you deposit $\$ 10,000$ every 6 -months at the end...
-
Consider the Izod impact test data in Exercise 8-23. (a) Test the hypothesis that = 0.10 against an alternative specifying that = 0.10, using a = 0.01, and draw a conclusion. State any necessary...
-
What is the net present value of this project if the required return is 10%? Consider a capital project with the following cash flows: 1 (This info is for the Year 0 2 3 4 Cash Flow -$24,000 $7,000...
-
This unadjusted trial balance is for Challenger Construction at the end of its fiscal year, September 30, 2023. The beginning balance of the owners capital account was $46,000 and the owner invested...
-
1. AAA Company, a franchisor, charges an initial franchise fee of P750,000 payable P500,000 cash upon signing the franchise agreement and the balance, evidenced by a non-interest-bearing note, is...
-
On March 3, 2020, the Board of Governors of the Federal Reserve System unexpectedly decided to cut interest rates (the Federal Funds Rate) by 50 basis points to a target range of 1-1.25%. At the same...
-
Find an equation for the plane that is tangent to the given surface at the given point. z = y-x (2,6,2) Find the equation for the tangent plane to the surface z = y-x at the point (2,6,2). Use a...
-
Find r(t) if r' (t) = (6t (1-3),te,4 sin (1-2)) and r(2)=(2,-3,1) Suppose an object moves in space such that it position at time t hours is given by r(t) = (6t+1)i+t'j-ek. Find the velocity and...
-
K={q0, q1, q2, q3}, = {a, b}, s = q0, F = {q0, q1, q2}, and is the function tabulated below. O d(q, o) q0 q q0 q0 q1 q1 1. [15 points] Let M be the deterministic finite automaton (K, E, d, s, F),...
-
Consider the graph Using the above graph of y(r), choose the equation whose solution satisfies the initial condition y(0) = 3.5. 1. y'=y-1 2. y'=y - r 3. y' = y - 2 4. y' = y - x 5. y'=y-x 2 003...
-
Anna is a Vice President at the J Corporation. The company is considering investing in a new factory and Anna must decide whether it is a feasible project. In order to assess the viability of the...
-
we have to compute the letter grades for a course. The data is a collection of student records stored in a file. Each record consists of a name(up to 20 characters), ID (8 characters), the scores of...
-
The following definitions were discussed in the chapter: 1. The accounting rules followed by U.S. corporations. 2. The governmental entity whose mission is to protect investors. 3. The accounting...
-
Johnson Galleries issued $500,000 of 10-year bonds on January 1, 2012. The bonds pay 8% interest semiannually on July 1 and January 1. The market rate of interest on the date of issuance was 8%....
-
Carbon Company entered into the following trans- actions during November: Nov. 1 Issued common stock in exchange for $15,000 cash. 4 Purchased $6,500 of equipment, paying $4,000 in cash and the...
-
Consider an experiment that selects a cell phone camera and records the recycle time of a flash (the time taken to ready the camera for another flash). The possible values for this time depend on the...
-
Suppose that the recycle times of two cameras are recorded. The extension of the positive real line \(R\) is to take the sample space to be the positive quadrant of the plane \[ S=R^{+} \times R^{+}...
-
As in Example 2.1, camera recycle times might use the sample space \(S=R^{+}\), the set of positive real numbers. Let \[ E_{1}=\{x \mid 10 \leq x <12\} \quad \text { and } \quad E_{2}=\{x \mid 11 0\}...
Study smarter with the SolutionInn App