Quibble Company established a $300 petty cash fund by issuing a check to the custodian on February 1. On February 15, the petty cash fund was replenished and increased to $800 in total. The contents of the petty cash fund at the time of the February 15 replenishment were:
The company uses the perpetual inventory method. Prepare Quibble's general journal entry to record both the reimbursement and the increase of the petty fund on February 15.
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On a work sheet, the balance of Retained Earnings is its ending amount for the period
Indicate whether the statement is true or false
Retained earnings
A) is the same as contributed capital B) cannot have a debit balance C) changes are summarized in the retained earnings statement D) over time will have a direct relationship with the amount of cash on hand if the corporation is profitable
The calculation of annual net cash flow from a particular investment project should include all of the following except:
A. Depreciation expense. B. Income taxes. C. Cost of products generated by the investment. D. Revenues generated by the investment. E. General and administrative expenses.
How do marketing channel decisions influence the rest of the marketing mix?
What will be an ideal response?