Boothe Company established a petty cash fund of $200 on January 3. At January 28, the fund contained cash of $112 and receipts for the following payments.Office Supplies$29Postage33Freight-out payments24On January 28, the petty cash fund was replenished.Required:Record in general journal format the entries to:a) Establish the fundb) Record the disbursements and replenish the fund
What will be an ideal response?
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Neville Co issued 20-year term bonds at a discount in 20x5. Interest is payable semiannually. Which of the following statements is true, assuming that the effective interest method of amortization is used for the bond discount?
A) Interest expense decreases each six-month interest period. B) Interest expense as a percentage of the bond's book value changes from period to period. C) Interest expense increases each six-month interest period. D) Interest expense remains constant in amount for each interest period.
Answer the following statements true (T) or false (F)
1. The Ethics Resource Center helped form the first business ethics office at General Dynamics in 1985. 2. Integrity is derived from the Latin word integri, which means wholeness. 3. The publicity test of integrity is based on the scenario that the individual would be comfortable in telling his or her best friend or a close family member about his or her actions. 4. The universality test of integrity draws on the belief of whether the individual would consider it acceptable behavior if anyone in the world did the same action.
Hofstede suggests that culture consists of shared ______ that control individuals’ response to their environment.
A. social stimuli B. mental programs C. knowledge D. attitudes
A patent is a contract between the government and an inventor.Â
Answer the following statement true (T) or false (F)