A petty cash fund was established with a $390 balance. It currently has cash of $43 and petty cash tickets totaling $347. Which of the following would be included in the entry to replenish the fund?
A) a credit to Petty Cash for $347
B) a debit to Petty Cash for $43
C) a credit to Cash for $43
D) a credit to Cash for $347
D .Calculations: $390 - $43 = $347
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Josiah, Inc provides the following information for 2017
Net income $350,000 Market price per share of common stock $50 per share Dividends paid $180,000 Common stock outstanding at Jan. 1, 2017 160,000 shares Common stock outstanding at Dec. 31, 2017 250,000 shares The company has no preferred stock outstanding. Calculate the earnings per share for 2017. (Round your answer to two decimal places.) A) $0.83 per share B) $2.19 per share C) $1.71 per share D) $1.40 per share
Which of the following are sales promotion activities aimed at the company's own sales force?
A. point-of-purchase materials B. bonuses C. aisle displays D. frequent buyer programs E. trade shows
Franchising is a win-win combination; both franchisees and franchisors are guaranteed success.
Answer the following statement true (T) or false (F)
If a shareholder receives cash from a corporation in complete liquidation of his or her ownership interest and the cash received is less than the shareholder's basis in the stock, the shareholder will report a loss.
Answer the following statement true (T) or false (F)