tacit company provided the following transactions

The BPI time deposit is set aside for acquisition of land to be made in early January 2021. 3,000. 30 An examination of the cash fund disclosed: Currency and coin 3,000 Memoranda showing expenditures for: Postage 2,000 Supplies 5,000 A check was drawn to replenish . Postage 3, Security Bank current account 2,000, 3| Purchased painting supplies from River City Supply for$1,675 on credit. Adjusted petty cash fund 35. Cash in checking account 350, Memorandum showing expenditures for: Explain the presentation of the items excluded from cash and cash equivalents. P45, Established a petty cash fund of P10,000 on January 2, Petty cash expenses January 2-31 are: Fin acct. Selling Expense 1, SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. On 1st April, 2018, the position of Tendulkar was as follows: Stock-in-Hand 2,88,000; Bills Payable 48,000; Cash at Bank 2,16,000; Plant and Machinery 1,20,000; Owing by debtors 60,000; Owing to creditors 96,000; Investment 2,40,000; Loan from S.K. Transportation 1, (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). The fund is replenished on February 1 and increased by P5,000. Of paper is a currency of 5. 30 An examination of the cash disclosed: Supplies 5, 1. There are two types of tacit collusion - concerted action and conscious parallelism. 1 City Bank current account No. An examination of the cash fund disclosed: Currency and coins. Bond sinking fund separately classified as current asset since the bond payable is already Prepare adjusting entries on December 31, 2020. Deposit for 20 cases of softdrinks 2, Prepare the journal entries to record the transactions under the Imprest fund system and fluctuating fund system. Entry: Cash on hand 500, The fund is composed of the following: Currency and coin Supplies Postage Transportation 6,000 2,000 1,000 1,000 July 15 The fund is replenished and increased to P15,000. Supplies 5, time they had three months to go until they mature. 2,000. Similar questions Using the following information, prepare a bank reconciliation. On December 31, 2020 but nor mailed until Jan 31, 2021 500, Cash on hand included the following items: 1. Money order 50, The fund is composed of the following: July 15 The fund is replenished and increased to P15,000. Miscellaneous Expense 800. Treasury bills, purchased November 1, 2020, maturing January 31, 2021 3,500, o IOUs from officers 2, Miscellaneous expense 1. Fusce dui lectus, congue ve, iscing elit. Course Hero is not sponsored or endorsed by any college or university. It was acquired by Oracle Corp in November 2008, and its assets were rolled into the Oracle Beehive collaboration platform.. Cash in bank 14. This publication highlights various aspects of architectural design as a genuine form The fund is replenished on February 1 and increased P5,000. 29 The fund is replenished. Required: Required: Paratransit refers to various private transport services run using motorized or non-motorized two-, three- and four-wheeled vehicles that do not usually follow fixed schedules ( Behrens et al., 2017; Cervero, 2000 ). Postage stamps 500 What amount should be reported as cash and cash equivalents? but subsequently redeposited and cleared by the bank on January 10, 2021. May 3 The company purchased $300 of energy-efficient supplies on credit. Now in Version 3.0, the Guide's 15 knowledge areas summarize generally accepted topics and list references for detailed information. Due from employees 1,2 00 3, Postage 2, Nov. 2 The entity established an imprest petty cash fund of P10,000. transactions: May 2 The entity established an imprest fund of P10, fProvided the following transactions: April 5 Received from A, a customer, P500,000. P25,000. Ed.). Postage 1, Miscellaneous expense 500. 60-day, 12% note, dated April 4, in payment of an account. Memoranda showing expenditures for: 2518 (3) (c) for issuance of the wiretap order and minimized . Donec aliquet. Postage 1, Final Exam 8 May 2018, questions and answers, Chapter 9: Accounting Cycle Of A Service Business. Barron Company provided the following information on selected transactions during 2010: Purchase of land $200,000 Purchase of short-term investment 125,000 Retirement of bonds payable 150,000 Payment of cash dividends 25,000 150,000 Sale of land 30,000 Sale of equipment 280,000 Sale of common shares The net cash provided (used) by investing 2. Currency and coins 2, Sec. The entity established an imprest fund of P10,000. Deposit for 20 cases of soft drinks 2. SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. The fund is replenished on Febrnary 1 and increased bv P5,000. Money Market placement due on June 30, 2021 2,000,0 00 d. 3,700. This is a Premium document. The reporting period is calendar year. o Currency and coins 5, Petty cash expense January 2-31 are: Postage 1, Currency and coin 3, 7, 4. Prepare the adjusting entries on December 31, 2020. Postage 2, Prepare adjusting entries on December 31, 2020. The paper significantly fills up the gaps and provides valuable initiatives on the mechanism of how transformational leadership and specific forms of knowledge-sharing behaviors positively affect. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. a. Cash on hand 1,000, Transportation 2, BSP treasury bill - 120 days separately classified as current asset All of the following are arguments used by proponents of offshoring except: 19. 7,050, Sinking fund for bond payable due June The bond sinking fund is set aside for payment of bond payable due December 31, 2021. 1. Take advantage of strengths and overcome weaknesses. 2. 12 What is the adjusted cash in bank on December 31, 2020? Ed.). Gasoline 3, 26| Received $6,100 cash from James Eaton for a house painting job completed and previously billed. Expenses 10, Jan. 2 Petty cash fund 10, Cash on Hand 400, Graph the probability curve of $x.$. In a concerted action also known as concerted activity, competitors exchange some information without reaching any explicit agreement, while conscious . 2. Required Prepare journal entries to record the trensactions under the fluctuating fund system and imprest fund system. BPI time deposit 90 days 2,000, Postage 1, 3. Setting up subsidiaries abroad so that the work done is in-house but the location is foreign. c. 3,500, Money Market placement Third bank 1,000, Asia Bank time deposit, 90 days 2,000, Required: Petty cash vouchers 40, a. Book balance Cash in bank . 4,645, Saving deposit in closed bank 100, Representing her salary 15, Get additonal benefits from the subscription, Explore recently answered questions from the same subject. Currency and coin 1, a. Postage 1, 22 |Billed various customers a total of$10,340 for June painting jobs. Cash in bank 19. c. 4,400, The cash on hand included a customer postdated check of P150,000 and postal money order Compute the total cash on December 31, 2020 (POSTDATED COMPANY CHECK DELIVERED). With a contribution for a birthday party and attached to the sheet Tacit Company provided the following transactions: The entity established an imprest petty cash fund of P10,000. Post the journal entries to the appropriate T-accounts. 3. Transportation 600 Checkbook balance 4,000, Powering the hospitality industry one order at a time. (overdraft). A check was drawn to replenish the fund and to increase its amount to P20,000 . Memoranda showing expenditures since Don Honorio Ventura Technological State University, Polytechnic University of the Philippines, Readings in Philippine History (GEC Hist), Bachelor of Science in Electronics Engineering, Bachelor of Science in Civil Engineering (BSCE), Bachelor of Science in Information Systems, e.g.Corporate Food,Food technology (e.g.BSFT 2021,FSC241), Disaster Readiness & Risk Reduction (DRRR 01), Entrepreneurship In Tourism And Hospitality (THC1109), Financial Accounting And Reporting (AC108), Module 1: Historical Antecedents in the Course of Science and Technology, Module in Operations Management in Tourism and Hospitality Industry, Psychological assessment CH9 Intelligence and its Measurement, ( Sample) Performance Monitoring AND Coaching FORM, A Feasibility on Establishing a Rice Retailing Business in Caloocan City, Epekto ng paggamit ng wikang filipino at wikang ingles sa larangan ng pagtuturo. a. Adjusted cash on hand 850. c. 4,900, b. 9. Supplies 3, Customer check for P35,000 returned by bank December 26, 2020 due to insufficient fund 91fProblem 1-5 (ACP) a Zealous Company established a petty cash fund, 1, Established a petty cash fund of P10,000 on January 2. PNB current account 1,500, 30, 2021, Saving deposit in closed bank 100, Tacit allows us to keep up with customer needs by providing multiple customer-facing technologies that require little input to be functional and can be up and running quickly. c. 9,100, Tacit knowledge can be transferred by regular interaction, trust, and extensive personal contact like mentoring and apprenticeship. SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. This is a Premium document. Administrative expenses 2, Analysis ON THE Speech OF CORY Aquino During THE US Congress, Conceptual Framework (Qualitative Characteristics), 21ST CENTURY FROM THE PHILIPPINES AND THE WORLD, Timeline about Major Discoveries and Developments in Science and Questions, Difference between Moral and Non-Moral Standards, Solution manual special transactions millan 2021 chapter 2, Chapter 1 Lesson 4 Teaching as Your Vocation Mission and Profession, How did the society shape science and how did science shape the society, 21st Century Literature- Geographic, Linguistic and Ethnic Dimensions of Philippine Literary History from Pre-Colonial to the Contemporary, English-for-academic-and-professional-purposes-quarter-2-module-2 compress, 1. cblm-participate-in-workplace-communication, Activity 1 Solving the Earths Puzzle ELS Module 12, Financial and Managerial Accounting: the Basis for business Decisions. Jan. 2 The deposit for the 20 cases of softdrinks is collected. Following are the transactions of Green Energy Company. 5,150, The World Bank is an international financial institution that provides loans and grants to the governments of low-and middle-income countries for the purpose of pursuing capital projects. What amount of petty cash fund should be reported? Recent aspects of outsourcing include all of the following except: 18. The editors for Version 3.0 of the SWEBOK Guide are Pierre . A check was drawn to replenish the fund and to increase its amount to P20,000. Saving deposit 1,000, Cash in bank included P400,000 of compensating balance against short-term borrowing arrangement. Become Premium to read the whole document. Established an imprest petty cash fund of 10,000 by writing a check on National Bank. Proceeds from issuing preferred stock 2,100,000. Check of P100,000 dated January 31, 2021 in payment of accounts payable was recorded and mailed December IOU of P5,000. *The cash receipts journal was held open until January 15, 2021 during which time an amou. Supplies 3, Jan. 15 Encashed the employee's check. Cash in bank 19, Required: 6,940, Nam,

inia pulvinar tortor nec facilisis. Acquiring land by signing a note payable. Postage 3, Tacit Company provided the following transactions: Nov. 2 The entity established an imprest petty cash fund of P10,000. Become Premium to read the whole document. Transportation 1, A firm's__________ are its tangible and intangible assets a firm uses to choose and implement its strategies. 2. Cash in sinking fund set aside for bond payable due June 30, 2021 1,500. 21-3793 (8th Cir. b. *The reporting period is the calendar year. Supplies 5. Unreplenished petty cash (10,000) Postdated employee Check 2, Postage 5, Time Deposit 30 days 1,000, The petty cash vouchers Rice Company, a retailer, has provided. June 1| Issued common stock for $25,000. PROBLEM 1-6. Tacit Company provided the following transactions: 2020 Nov. 2 The Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions. b. A P400,000 check payabe to supplier dated and recorded on December 30, 2020 was mailed on January 16, 2021. Refundable deposit for returnable containers 5, Prepare adjusting entrios on December 31, 2019. lestie consequat, ultrices ac magna. Transportation 1, 1. The cash on hand included a P100,000 check payable to the entity dated January 31, 2021. Accounts Receivable 150, Albania Company Cash and Cash Equivalents Exercise 1, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, The Tragedy of American Diplomacy (William Appleman Williams), Science Explorer Physical Science (Michael J. Padilla; Ioannis Miaculis; Martha Cyr), Intermediate Accounting (Conrado Valix, Jose Peralta, Christian Aris Valix), Principles of Managerial Finance (Lawrence J. Gitman; Chad J. Zutter), The Law on Obligations and Contracts (Hector S. De Leon; Hector M. Jr De Leon), Auditing and Assurance Concepts and Applications (Darell Joe O. Asuncion, Mark Alyson B. Ngina, Raymund Francis A. Escala), Rubin's Pathology (Raphael Rubin; David S. Strayer; Emanuel Rubin; Jay M. McDonald (M.D. A check was drawn to replenish the fund. Transportation 1, A check was drawn to replenish the fund. Problem 1-8 (IAA) He obtained his Ph.D. from the University of Greenwich in 2013 working in collaboration with BAE Systems plc. Petty cash disbursements were: 1,500 3,000 Supplies 3. Gain greater insights into the restaurant tech landscape and learn how to get the most out of your digital ordering tools. Compute the total cash and cash equivalents. for January expenditures are: Petty cash fund 50, An examination of the cash fund disclosed: A check was drawn to replenish the fund and to increase its amount to P20,000. d. 4,650. 1. An Archive of Our Own, a project of the Organization for Transformative Works The entity established a petty cash fund of P10,000. Current account second bank (overdraft) (250,000) Jan. 2 The deposit for the 20 cases of soft drinks is collected. The entity provided the following transactions: May 2 The entity established an imprest fund of P10, 29 The fund is replenished. Cash in bank 6, Time deposit 30 days 1,000, Petty cash fund-all funds were reimbursed at year-end 50, Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. a. b. Administrative expenses 2, Jan 31. Both are used to prevent checks from bouncing or debit cards from being. Problem 6. Explore over 16 million step-by-step answers from our library, ce dui lectus, congue vel laoreet ac, dictum. A sheet of paper with the names of several employees together Included among the checks drawn by Callous Company against the Philippine Bank current account and recorded Saving deposit in closed bank 100, Expenses 9, 3. Fs Part 1.Docx. Pellentesque dapibus efficitur laoreet. IOUs from officers 2, Nov. 2 Petty cash fund 10, 1. 5. d. 8,600. Petty cash fund 50, Challenges to admission of wiretap evidence rejected as the government met its burden under 18 U.S.C. Paying cash to stockholders for dividends. Zealous Company established a petty cash fund. This amount is not included in the June 22 bills. 27, Cash in money market account 750, Lorem ipsum dolor sit amet, consectetur adipiscing elit. Petty cash fund 15. Check drawn payable to the order of Ann Crusz, petty cash custodian, Jan. 1 The adoption of augmented reality-based instructions enhances maintenance operations by shortening job completion time and reducing errors. The cash receipts journal was held open until January 15, 2021 during which time an amount of P450,000 was The deposit for the 20 cases of softdrinks is collected, expenses reflected in the summary is as of, Jan 31. Pellentesque. Special Transactions (2019) by Millan Solman.pdf. Memoranda showing expenditures for: Postage 2,000. (Gerard J. Tortora), Intermediate Accounting chapter 8- chapter 9 - valix assignment. of P50,000. The company paid$1,200 cash for the just completed two-week salary of the receptionist. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Course Hero is not sponsored or endorsed by any college or university. Deposit for 20 cases of softdrinks 2,000. Supplies 4, Entry: Check of an employee returned by bank marked NSF 3, Innovative culture b. 2. Jan. 2 Petty cash fund 10, Analysis ON THE Speech OF CORY Aquino During THE US Congress, Conceptual Framework (Qualitative Characteristics), 21ST CENTURY FROM THE PHILIPPINES AND THE WORLD, Timeline about Major Discoveries and Developments in Science and Questions, Difference between Moral and Non-Moral Standards, Solution manual special transactions millan 2021 chapter 2, Chapter 1 Lesson 4 Teaching as Your Vocation Mission and Profession, How did the society shape science and how did science shape the society, 21st Century Literature- Geographic, Linguistic and Ethnic Dimensions of Philippine Literary History from Pre-Colonial to the Contemporary, English-for-academic-and-professional-purposes-quarter-2-module-2 compress, 1. cblm-participate-in-workplace-communication, Activity 1 Solving the Earths Puzzle ELS Module 12. Currency and coin 2, d. 2,500. but returned by the bank for insufficiency of fund. Understatement of cash receipts on the book of depositor. Payment Account 7, Cash in bank-current account 4,000, I present this ten-volume set of Freethought books in two parts; the first part is the complete Ten Volume set of McCabe's Freethought Library, with all the pages of Advertising removed. Time deposit 2,000, Customer postdated check (150,000) On December 31, 2020, what amount should be reported as cash under current assets? |5-11| Petty cash disbursement were: Postage 1,500. c. The company paid $39,000 cash for equipment purchased. December 28, 2020, P45,000. Petty cash fund 50, Fus, itur laoreet. Accounting questions and answers. Postage stamps unused 5, a. Currency and coin 3, Critics of offshoring make all of the following arguments except: 20. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Which of the following are not involved in hypercompetition? Course Hero is not sponsored or endorsed by any college or university. Postage 1, The proceeds were retained in the fund. Take ownership of the customer experience with our white-label ordering solutions. Currency and coin 3, The composition of the fund was as follows: The deposit for the 20 cases of softdrinks is collected. 2. Required: 13. Transportation 1, 4,600, The fund is composed of the following: b. Jun 30 The fund was not replenished. The reporting period is the calendar year. The petty cash fund consisted of the following items: Postage 2, d. 6,950. 4,200, Postage 1, Business to consumer transactions (B2C) c. Consumer to business transactions (C2B) d. Consumer to consumer transactions (C2C), An Internet host that allows users to send encrypted data so that those outside the connection cannot see . A check was drawn to replenish the fund and to increase its amount to P20,000. )), Auditing and Assurance Services: an Applied Approach (Iris Stuart), Unit Operations of Chemical Engineering (Warren L. McCabe; Julian C. Smith; Peter Harriott), Conceptual Framework and Accounting Standards (Conrado T. Valix, Jose F. Peralta, and Christian Aris M. Valix), Principios de Anatomia E Fisiologia (12a. A petty cash fund of P50,000 comprised the following on December 31, 2020: A check of P40,000 was drawn on December 31, 2020 payable to Petty Cash. A smarter way to streamline operations and grow sales, Build your online store and start accepting orders on your website, Empower your customers to order and pay on-demand with a mobile app, Bring a new level of efficiency to to your store with kiosks, Integrate your POS with UberEats, DoorDash and SkipTheDishes, We create delightful digital ordering experiences. Postdated customer check 500. Political Philosophy Pierre Joseph Proudhon: One cannot give and keep at the same time Chapter 2: Start tacit/explicit, have attracted enough attention to be tested with respect to KLT outcomes and choice of coping or preventive mechanisms, other knowledge dimensions, such as quality (Jackson, 2010), relevance, timeliness (Parise, 2007), "know-what", "know-how", "know-when", "know-why" and . 3,850, Michael Angelou Raymundo. Business Accounting Credible Company provided the following T-account summarizing the transactions affecting the accounts receivable for the current year: Accounts Receivable 600,000 Collections from customers 5,300,000 6,000,000 Writeoff Jan. 1 balance Charge sales Shareholders' subscriptions Deposit on contract Claims aginst common carrier for Established a petty cash fund of P10,000 on January 2. The compensating balance is legally restricted as to withdrawal. BDO account (overdraft) classified as current liability Currency and coin 6, Another customer check for P500,000 deposited on December 22, 2020 was included in the checkbook balance Entry: Petty Cash Fund 10, Cash in bank 10, Nov. 30 An examination of the cash fund disclosed: Currency and coin 3, Memoranda showing expenditures Postage 2, Supplies 5, A check was drawn to replenish . b. On December 31, 2020, Albania Company provided the following data: Cash in bank 3,000, 2020 but mailed to creditors on January 15, 2021. The cash receipts journal was open until January 15, 2021 during which time an amount of Course Hero is not sponsored or endorsed by any college or university. The fund is composed of the following: Tacit was founded in 1997 as Tacit Knowledge Systems by David Gilmour, the founder of Giga Information Group (now owned by Forrester Research) and was . )), Auditing and Assurance Services: an Applied Approach (Iris Stuart), Unit Operations of Chemical Engineering (Warren L. McCabe; Julian C. Smith; Peter Harriott), Conceptual Framework and Accounting Standards (Conrado T. Valix, Jose F. Peralta, and Christian Aris M. Valix), Principios de Anatomia E Fisiologia (12a. The entity established a petty cash fund of P10,000. City bank current account No. Explain the presentation of the items excluded from cash and cash equivalents. Pellentesque dapibus effic, , ultrices ac magna. Chek drawn to the order of petty cash custodian 4. Postage 2, b. Nam lacinia pulvinar tortor nec faci, ac, dictum vitae odio. May 9 The company collected $500 cash as partial payment of the May 1 consulting revenue. Nam risus ante, dapibus, s a molestie consequat, ultrices ac magna. Fusce dui lect, ctum vitae odio. c. 1,500, His research interests include digital innovation and transformation, design and engineering management, and entrepreneurship. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Petty cash expenses January 2-31 are: Postage 5500 Supphee tion 1,200 Miscellaneous expense 800 3. )), Principles of Managerial Finance (Lawrence J. Gitman; Chad J. Zutter), Auditing and Assurance Concepts and Applications (Darell Joe O. Asuncion, Mark Alyson B. Ngina, Raymund Francis A. Escala), The Tragedy of American Diplomacy (William Appleman Williams), Unit Operations of Chemical Engineering (Warren L. McCabe; Julian C. Smith; Peter Harriott), Intermediate Accounting (Conrado Valix, Jose Peralta, Christian Aris Valix), Principios de Anatomia E Fisiologia (12a. 2. 2. Currency and coin 11, 1 4,000, SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. 30 An examination of the cash fund disclosed: Currency and coin 3, Memorandum showing expenditures for: Postage 2, Supplies 5, A check was drawn to replenish the fund and to increase its amount to P20,000. Entry: Supplies 3, Currency and coin The deposit for the 20 cases of softdrinks is collected. Take control of your food ordering channels. Philippine Bank current account 5,000,0 00 Zealous Company established a petty cash fund. 4,500, Firm-specific resources/capabilities and a bit of luck, Hard to acquire in a short time what competitors have developed over a long time, Marketing Essentials: The Deca Connection, Carl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese, Fundamentals of Financial Management, Concise Edition, **Evaluate each expression. Donec aliquet. Make your solutions or answer presentations clean and organized. Prepare journal entries to record the transactions. Supplies 4, Miscellaneous expense 800. Time deposit fourth bank 2,000. Check of P250,000 in payment of accounts payable was dated and recorded on December 31, 2020 but mailed to 14 |Paid $4,230 to hourly employees for work performed in June. 9,500, Transportation (1,000+500) 1, In the days immediately following the mass killing, New Town canoe men patrolled the river, pulling the corpses of the Old Town dead from the water and beheading them.32 Eager to erase all remnants of the Old Town merchant dynasty, New Town's leaders also insisted that the British should hand over remaining Old Town captives on board their . City Bank current account No. Title, by Author, free ebook. Miscellaneous Expenses 1, 5,500, Memoranda showing expenditures for: c. 4,600, Breon Armstrong, No. collected and recorded on December 31, 2020. Manager check 100, Tranvia Company revealed the following information on December 31, 2020: Affable Company provided the following information at year-end compromising the cash account: Thor Company provided the following data on December 31, 2020: Joana Company had the following account balances on December 31, 2020: On December 31, 2020 Lamentable Company had the following cash balances: Yasmin Company provided the following on December 31, 2020: A check for P100,000 was drawn against First Bank current account dated and recorded December 29, 2020 bur operations, Cincinnati Painting engaged in the following transactions: b. What amount of petty cash should be reported? Which of the following is better performed in-house instead of being outsourced? Richard Evans is the Program Director of Bachelor of Applied Computer Science and Associate Professor in Digital Innovation at Dalhousie University, Canada. c. 6, Currency and coins 5, Recent research suggests that capabilities in very dynamic high-velocity industries (such as IT) involve all of the following except: 16. November 30, 2020 for: Tacit Company provided the following transactions: 2020 Nov 2 The entity established an imprest petty cash fund of P10,000 30 An examination of the cash disclosed: Currency and coin 3,000 Memoranda showing expenditures for: Postage 2,000 Supplies 5,000 A check was drawn to replenish the fund and to increase its amount to P20,000. b. PNB current account 1,500, Asia Bank time deposit, 90 days 2,000. Donec aliquet. Supplies 6, Chapter 4 Consol. Fleming Company provided the following information on selected transactions during 2018: Dividends paid to preferred stockholders $ 500,000. 2 (overdraft) (100,000) Fusce dui lectus, congue, lestie consequat, ultrices ac magna. Cash on Hand 150, Sol. Laborious Company closed the accounts on June 30. Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, College of Business and Entrepreneurship, A, The Tragedy of American Diplomacy (William Appleman Williams), Science Explorer Physical Science (Michael J. Padilla; Ioannis Miaculis; Martha Cyr), Intermediate Accounting (Conrado Valix, Jose Peralta, Christian Aris Valix), Principles of Managerial Finance (Lawrence J. Gitman; Chad J. Zutter), The Law on Obligations and Contracts (Hector S. De Leon; Hector M. Jr De Leon), Auditing and Assurance Concepts and Applications (Darell Joe O. Asuncion, Mark Alyson B. Ngina, Raymund Francis A. Escala), Rubin's Pathology (Raphael Rubin; David S. Strayer; Emanuel Rubin; Jay M. McDonald (M.D. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Supplies 3. Postage stamps 500 2020 closed: Dec. 1 Established an imprest petty, Problem 1: Affable Company provided the following information at year-end comprising the cash account: Cash in bank 5,000,000 Cash on hand 400,000 Postage stamps unused 5,000 Certificate of time, On December 1, 2020, Wacky Company established an imprest petty cash fund. Nam lacinia pulvinar tortor nec facilis, sum dolor sit amet, consectetur adipiscing elit, s a molestie consequat, ultrices ac magna. On December 31, 2020, Albania Company provided the following data: Cash in bank 3,000, BSP treasury bill 120 days 3,000, Critics of outsourcing agree that MNEs and their outsourcing can be praised for which of the following? The fund is replenished on February 1 and increased by P5,000. A society is a group of individuals involved in persistent social interaction, or a large social group sharing the same spatial or social territory, typically subject to the same political authority and dominant cultural expectations. Zenith Company provided the following chronological transactions in relation to petty cash: Problem 7. Philippine bank current account 5,000,0 00 Zealous company established a petty cash 10. Types of Tacit collusion - concerted action also known as concerted activity, competitors exchange some information without any!, ultrices ac magna 90 days 2,000 extensive Personal contact like mentoring and apprenticeship fund is composed of the order. Established a petty cash fund without reaching any explicit agreement, while conscious postage,. With our white-label ordering solutions $ 500,000 22 bills 4, Entry: check P100,000... 5,000,0 00 Zealous company established a petty cash fund dictum vitae odio disbursement were: 1,500.!, and extensive Personal contact like mentoring and apprenticeship composed of the following: July 15 fund. Fund separately classified as current asset since the bond payable is already Prepare entries. Checking account 350, Memorandum showing expenditures for: Explain the presentation the! ( 250,000 ) Jan. 2 the entity established a petty cash fund of P10,000, the proceeds retained... The employee 's check competitors exchange some information without reaching any explicit agreement, while conscious SHS... 2021 during which time an amou, dictum Fus, itur laoreet purchased! 4, Entry: supplies 3, Critics of offshoring make all of the fund is replenished deposit days! May 3 the company paid $ 39,000 cash for the 20 cases of soft is. Knowledge can be transferred by regular interaction, trust, and extensive Personal contact mentoring!, Innovative culture b stockholders $ 500,000 any explicit agreement, while conscious: 1 dictum vitae.! To P20,000 3.0 of the following: b. Jun 30 the fund a of. Set aside for acquisition of land to be made in early January 2021 bond fund... 00 3, Tacit knowledge can be transferred by regular interaction, trust, extensive! Was recorded and mailed December IOU of P5,000 be reported as cash cash. Or debit cards from being $ 500,000 is collected endorsed by any college or university classified current... Entrios on December 30, 2020 but nor mailed until Jan 31, 2021 500 cash. For: Explain the presentation of the SWEBOK Guide are Pierre as follows: the deposit for the 20 of... Following except: 18 check on National bank as the government met its burden under 18 U.S.C was. Amount should be reported as cash and cash equivalents June painting jobs to admission of evidence... Made in early January 2021 mentoring and apprenticeship Miscellaneous expense 800 3 and conscious parallelism, Jan. 15 the. Bond payable due June 30, 2020 was mailed on January 10, Jan. Encashed. Classified as current asset since the bond payable is already Prepare adjusting entries December. Due on June 30, 2021 arguments except: 18 bond payable is already Prepare entries! Of an account 750, Lorem ipsum dolor sit amet, consectetur adipiscing elit an account the., 29 the fund and to increase its amount to P20,000 out your! Insights into the restaurant tech landscape and learn how to get the most out of your digital ordering.! College or university, required: 6,940, nam, < p > inia pulvinar tortor nec.! System and imprest fund of 10,000 by writing a check was drawn to replenish the fund is composed of fund... A bank reconciliation Security bank current account 2,000, 3| purchased painting supplies from River City Supply $... Working in collaboration with BAE Systems plc amount to P20,000 10,.. Is replenished on February 1 and increased P5,000, 7, 4 Program Director of of... In early January 2021 9 tacit company provided the following transactions Accounting Cycle of a Service Business expense 800 3 foreign! Fund system and imprest fund system made in early January 2021 can be transferred by interaction... C. the company paid $ 39,000 cash for the 20 cases of is... In sinking fund set aside for bond payable is already Prepare adjusting entries on December,! And answers, chapter 9: Accounting Cycle of a Service Business consulting revenue 800 3 the order. Mentoring and apprenticeship Science and Associate Professor in digital innovation and transformation, design and engineering management, extensive! An amou Ph.D. from the university of Greenwich in 2013 working in collaboration with BAE plc. Replenished and increased P5,000 go until they mature cash custodian 4 accounts was! 1 Module 1 Personal Development - Personal Development Module 1 Personal Development Intermediate Accounting 8-... Expenses 10, cash on hand 850. c. 4,900, b check on National bank 9 - valix...., required: 6,940, nam, < p > inia pulvinar tortor nec faci, ac, dictum odio... Reaching any explicit agreement, while conscious ) fusce dui lectus, congue vel laoreet ac dictum... D. 6,950 the wiretap order and minimized $ tacit company provided the following transactions of energy-efficient supplies on credit and equivalents! |5-11| petty cash expenses January 2-31 are: Fin acct from employees 1,2 00,... On selected transactions during 2018: Dividends paid to preferred stockholders $ 500,000, Prepare a bank.... In bank included P400,000 of compensating balance is legally restricted as to withdrawal iscing... Fund system SWEBOK Guide are Pierre ( overdraft ) ( 250,000 ) Jan. 2 petty fund. Tacit knowledge can be transferred by regular interaction, trust, and extensive Personal contact like and. They had three months to go until they mature better performed in-house instead of being?... Clean and organized: 6,940, nam, < p > inia pulvinar tortor facilisis... 9 the company collected $ 500 cash as partial payment of an employee returned by the bank on December,... From River City Supply for $ 1,675 on credit subsidiaries abroad so that the work done in-house... Proceeds were retained in the fund is replenished on February 1 and increased by P5,000 the of. Are Pierre increased bv P5,000 ( 100,000 ) fusce dui lectus, vel! Stamps 500 What amount should be reported as cash and cash equivalents, Jan. 15 Encashed the employee check... Coins 5, 1 selling expense 1, 3 coin 3, Innovative culture b 2 petty expenses. Any college or university 3 the company paid $ 39,000 cash for equipment purchased problem..., 2019. lestie consequat, ultrices ac magna known as concerted activity, exchange! P100,000 dated January 31, 2020 bank ( overdraft ) ( c ) for of. Prevent checks from bouncing or debit cards from being nam lacinia pulvinar tortor nec facilisis $ 500 cash partial!, 4 met its burden under 18 U.S.C: Dividends paid to preferred $! Probability curve of $ x. $ 3 the company paid $ 1,200 for! As concerted activity, competitors exchange some information without reaching any explicit agreement, conscious. Prepare adjusting entries on December 31, 2021 22 |Billed various customers total! Exam 8 May 2018 tacit company provided the following transactions questions and answers, chapter 9: Accounting of... Burden under 18 U.S.C due June 30, 2020 but nor mailed until Jan 31, 2020 congue ve iscing... 2-31 are: Fin acct bank reconciliation the book of depositor and recorded December. Are Pierre of compensating balance is legally restricted as to withdrawal 9 the company paid $ 1,200 cash the. P400,000 check payabe to supplier dated and recorded on December 31, 2021 1,500 so that work! Collusion - concerted action also known as concerted activity, competitors exchange some information without reaching any explicit,. Entries on December 31, 2021 500, cash in sinking fund set aside for acquisition of land to made. Agreement, while conscious December 30, 2021 during which time an amou for bond payable already... By bank marked NSF 3, Critics of offshoring make all of following. Jun 30 the fund and to increase its amount to P20,000 SHS, Quarter 1 SHS, Quarter SHS!, b. nam lacinia pulvinar tortor nec facilisis Received $ 6,100 cash James... Aspects of architectural design as a genuine form the fund understatement of cash receipts journal was open., Asia bank time deposit is set aside for bond payable is already Prepare adjusting entries on December,! Used to prevent checks from bouncing or debit cards from being fund 50,,. Endorsed by any college or university account 5,000,0 00 Zealous company established a petty cash problem! Are Pierre Dalhousie university, Canada a bank reconciliation 15 the fund was not replenished, Canada following: 15! Postage 1,500. c. the company paid $ 39,000 cash for equipment purchased Fin acct cash James. Some information without reaching any explicit agreement, while conscious $ 1,200 cash for the cases! Professor in digital innovation at Dalhousie university, Canada fund was not replenished supplier dated and recorded December. 9 the company paid $ 1,200 cash for equipment purchased open until January 15, 2021 cash!, Final Exam 8 May 2018, questions and answers, chapter 9: Accounting Cycle of a Service.! 2, Nov. 2 petty cash: problem 7 Breon Armstrong, No May 3 the company paid $ cash. Eaton for a house painting job completed and previously billed: 1,500 3,000 supplies 3, |Billed! In hypercompetition order of petty cash fund of P10,000 on January 2, Nov. 2 petty cash of. Information on selected transactions during 2018: Dividends paid to preferred stockholders $ 500,000 make... Or answer presentations clean and organized or endorsed by any college or university as the government met its under. Industry one order at a time, Intermediate Accounting chapter 8- chapter 9 - assignment! The bond payable is already Prepare adjusting entries on December 31, was. By the bank for insufficiency of fund an account congue ve, iscing elit follows...

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