admin

1. A $100 petty cash fund has cash of $15 and receipts of $80. The journal entry to replenish the account would include a credit toCash for $85.Petty Cash for $85.Cash Over and Short for $5.Cash for $80.2. The maturity value of a $30000 8% 3-month no

Use the following to answer questions 1 2:SHARE is trying to determine how many clients must be serviced in order to cover its monthly service overhead. Using the high-low method it has determined that the variable cost per client is $800 and that t

BSHS 452 Week 1 DQs.docBSHS 452 Week 2 DQs.docBSHS 452 Week 2 Individual Assignment Worksheet.docBSHS 452 Week 2 Learning Team Assignment Assessment 1.docBSHS 452 Week 3 DQs.docBSHS 452 Week 3 Individual Assignment Methods 1.docBSHS 452 Week 3 Learni

1. The _____is/are transferred from the income statement to the statement of owners equity.a. ending capitalb. withdrawalsc. net incomed. beginning capital2. Revenues total $10200 expenses total $7300 and the owners withdrawals account has a balance

1. For every unit that a company produces and sells above the breakeven point its profitability is improved (ignoring taxes) by the unitsA) gross margin.B) selling price minus fixed cost.C) variable cost.D) contribution margin.2. Excerpts from a cost

1. Performing a service for $500 cash and $700 on account would include a:a. debit to cash for $1200b. debit to service revenue for $1200c. credit to service revenue for $500d. debit to accounts receivable for $7002. The normal balance of cash is a _

Photosynthesis: Acquiring Energy from the Sun1. If the amount of sunlight stayed constant throughout the year how would this affect accessory pigment reflection of light?2. How would you determine if the first ETS was functioning properly?3. If photo

1. The matching principle is the basis for recording:a. revenuesb. expensesc. assetsd. liabilities2. Accrued revenue has:a. not been earned nor has cash been receivedb. been earned but cash has not been receivedc. not been earned but cash has been re

1. Which of the following time periods would not be referred to as an interim period?a. Monthlyb. Quarterlyc. Semi-annuallyd. Annually2. Which of the following are in accordance with generally accepted accounting principles?a. Accrual basis accountin