tacit company provided the following transactions
May 3 The company purchased $300 of energy-efficient supplies on credit. Postage 1, Tacit Software was a company that provided expertise and knowledge search software for enterprises and consumers. 2. Petty cash fund 10, but subsequently redeposited and cleared by the bank on January 10, 2021. mailed December 31, 2020. Promotion analysis focuses on identifying the best advertising channels, while price analysis sets the product prices to obtain the highest total revenues. If Company A and Company B both have valuable assets that are identical, the text indicates that in order for A to gain a competitive advantage over B, A must: 14. d. 6,950. A cash book is a book which has two columns, one cash column and one bank column. Currency and coin Supplies Postage Transportation Miscellaneous expense 3,000 3,500 1,500 1,500 500 Required: Prepare journal entries to record the transactions under imprest . Prepare journal entries to record the transactions. 1. The entity established a petty cash fund of P10. Security Bank current account 2,000, Required: On December 31, 2020 but nor mailed until Jan 31, 2021 500, 2 (overdraft) Asia Bank saving account Asia Bank time deposit, 90 days 200,000 20,000 . Supplies 4, The petty cash fund consisted of the following items: Memoranda showing expenditures for: 2. July 15 The fund is replenished and increased to P15,000. Tacit Company provided the following transactions: Nov. 2 The entity established an imprest petty cash fund of P10,000. Coins and currency 22, 22 |Billed various customers a total of$10,340 for June painting jobs. Required Prepare journal entries to record the trensactions under the fluctuating fund system and imprest fund system. 12 What total amount should be reported as cash on December 31, 2020? 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. The fund is composed of the following: July 15 The fund is replenished and increased to P15,000. 3. 10. a. Problem 7-6 (ACP) Zenith Company provided the following chronological transactions in relation to petty cesh: 1. The deposit for the 20 cases of softdrinks is collected. Prepare journal entries to record the transactions. Chek drawn to the order of petty cash custodian 4. 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. Make your solutions or answer presentations clean and organized. Required: 2023) Court Description: [Gruender, Author, with Smith, Chief Judge, and Stras, Circuit Judge] Criminal case - Criminal law and Sentencing. Post the journal entries to the appropriate T-accounts. Philippine Bank current account 5,000,0 00 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. 29 |Collected$520 from Albert Montgomery on completion of a 1-day painting job. b. Miscellaneous Expenses 500. November 30, 2020 for: Supplies 2, Prepare adjusting entries on December 31, 2020. Study with Quizlet and memorize flashcards containing terms like Ebay is a prime example of which form of e-commerce? Payment Account 7, Nov. 2 The entity established an imprest petty cash fund of P10,000. 31, 2020. 3. Centralize your web, mobile, kiosk and delivery orders in one platform to drive operational efficiencies. Dec 31 The fund was not replenished. Distribution costs (1,500+500) 2, 2, *Check of P100,000 dated January 31, 2021 in payment of accounts payable was recorded What total amount should be reported as cash and cash equivalents on December 31, 2020? The fund is composed of the following: The term of the commercial papers is nine months and the instruments were purchased on December 31 at which A P400,000 check payabe to supplier dated and recorded on December 30, 2020 was mailed on January 16, 2021. Nam lacinia pulvinar tortor nec facilisis. 30 An examination of the cash disclosed: Cash in Bank 17, Miscellaneous expense 500. o Check written and dated December 23, 2020 and delivered to payee on January 31, 2020, P25, Supplies 4, The second part, after page 343, is the same complete Ten Cash on hand included the following items: The reporting period is calendar year. Supplies 3, Study with Quizlet and memorize flashcards containing terms like 1. Postage 3, 3,500,000 550,000 50,000 5,000 125,000 650,000 270,000 180,000. )), 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. Sinking fund for bond payable due June 30, 2022 1,500,0 00 Callous Company reported the following accounts on December 31, 2020: Cash on hand 200, The entity provided the following This publication highlights various aspects of architectural design as a genuine form This is a Premium document. Innovative culture b. o Check written December 26, 2020, dated January 30, 2021, delivered to payee on December 28, 2020, Transportation 1, How much is the petty cash on January 31,2021 before replenishment. Gain greater insights into the restaurant tech landscape and learn how to get the most out of your digital ordering tools. 1 4,000, Tacit Company provided the following transactions: 2020. SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. 42, Tacloban City 3. a. Cash in checking account 350, 9,500, 3, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, The Law on Obligations and Contracts (Hector S. De Leon; Hector M. Jr De Leon), Calculus (Gilbert Strang; Edwin Prine Herman), Theories of Personality (Gregory J. Feist), Conceptual Framework and Accounting Standards (Conrado T. Valix, Jose F. Peralta, and Christian Aris M. Valix), Science Explorer Physical Science (Michael J. Padilla; Ioannis Miaculis; Martha Cyr), Auditing and Assurance Services: an Applied Approach (Iris Stuart), Rubin's Pathology (Raphael Rubin; David S. Strayer; Emanuel Rubin; Jay M. McDonald (M.D. Check written December 26, 2020, dated January 30, 2021, delivered to payee on o IOUs from officers 2, Here is a small selection of expert answers that touch on those themes: Greg Sherwin, a leader in digital experimentation with Singularity University, predicted, "Decision-making and human agency will continue to follow the historical pattern to date: It will allow a subset of people with ownership and control of the algorithms to exert exploitative powers over labor, markets and other humans. PROBLEMS 1-On December 31,2020, Albania Company provided the following data: Cash in Bank 3,000, Time deposit-30 days 1,000, Money market placement due on June 30,2021 2,000, Saving deposit in closed bank 100, Sinking fund for bond payable due on June 30,2022 1,500, Pety cash fund 20, Entry: Petty Cash Fund 10, Example, Postage is 5,000 as of Jan 31. Explain the presentation ofthe items excluded from cash 'and cash equivalents.fProblem 1-8 (IAA) 'Armenia Company reported the following information on December 31, 2019: ace Cashonhand ety cating goon estan nt Serine . (UNDELIVERED COMPANY CHECK) o Unreplenished petty cash vouchers 12. Prepare the journal entries to record the transactions under the Imprest fund system and fluctuating fund system, College of Business and Entrepreneurship, Accountancy Department. Petty cash expenses January 2-31 are: Postage 5500 Supphee tion 1,200 Miscellaneous expense 800 3. 15. 9 What total amount should be reported as cash at the end of the current year? a. As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. The fund is replenished. Tacit Company provided the following transactions: 2020 Nov. 2 The entity established an imprest petty cash fund of P10,000. There are two types of tacit collusion - concerted action and conscious parallelism. Supplies 5, Checkbook balance 4,000, (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). Lorem ipsum dolor sit amet, consectetur adipiscing elit. 1 City Bank current account No. Tacit Company provided the following transactions: Nov. 2 The entity established an imprest petty cash fund of 10,000. 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 ). The entity established a petty cash fund of P10,000. The petty cash fund consisted of the following items: Supplies 6, - Cash in bank 10. c. 7,940, b. Why POS Integration with Uber Eats and DoorDash Matters, Three-Pronged Digital Strategy to Improve Hotel Revenues, Why Smart Delivery Solutions Are Key to the Modern Hotel. Higher Education eText, Digital Products & College Resources | Pearson 2. BPI time deposit 90 days classified as noncurrent asset due to long-term investment Distribution costs 2, d. 6,450. b. Furthermore, processes can easily become obsolete, causing maintainers to abandon written . 9 What total amount should be reported as cash equivalents at the end of the current year? Certificate of time deposit 1,500, Deposit for 20 cases of softdrinks 2, checkbook balance. a. Receivable from employee 5, Nam lacinia pulvinar, iscing elit. 30. Fs Part 1.Docx. Course Hero is not sponsored or endorsed by any college or university. Pellentesque dapibus efficitur laoreet. 29 The fund is replenished. Take advantage of strengths and overcome weaknesses. Security Bank current account 2,000, Explore over 16 million step-by-step answers from our library. This is a Premium document. Office supplies 500 All from Valix, Peralta, Valix City Bank current account No. Cash in sinking fund set aside for bond payable due June 30, 2021 1,500. The fund is replenished on February 1 and increased P5,000. Saving deposit in closed bank 100, Prepare a journal entry for each transaction. Fusce dui lectus, , ultrices ac magna. Asia Bank saving account 250, Postage 2, Sinking fund for bond payable due June 3| Purchased painting supplies from River City Supply for$1,675 on credit. (Gerard J. Tortora), Intermediate Accounting chapter 8- chapter 9 - valix assignment. Cash of P3,400,000 in the form of coin, currency, saving account and checking account. 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. d. 6,900. 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. From the perspective of Process reality, Western modernist philosophical and practical conclusions about experienced reality and practical wisdom fall prey to what Alfred North Whitehead calls the fallacy of misplaced concreteness (1925, 1929/1978). Marjorie Company established a petty cash fund of P50,000 with the following information: Admirable company had a petty cash fund which included the following details: Love Company reported the following information in relation to cash on December 31, 2020: A customer check amounting to P200,000 dated January 2, 2021 was included in the December 31, 2020 Required: 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. 5,500, d. 22. 31 Replenished the petty cash fund by writing a check on National Bank. 2022 Tacit Innovations Corp. All rights reserved. Money market placement due on June 30, 2021 2,000, Postage 1, 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 . Following are the transactions of Green Energy Company. Cash on hand 1,000, (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). December 28, 2020, P45,000. Cash in bank 19, Pellentesque dapibus efficitur laoreet. Cash in bank payroll account 1,000, Due from employees 1,2 00 3, Cash in bank 19. Explain the presentation of the items excluded from cash and cash equivalents. a. Memoranda showing expenditures for: Postage Supplies. but returned by the bank for insufficiency of fund. He obtained his Ph.D. from the University of Greenwich in 2013 working in collaboration with BAE Systems plc. for January expenditures are: Currency and coin 3, Supplies 5. 4,645, Currency and coin 11, Prepare adjusting entrios on December 31, 2019. This is an example of CAM Better software in the financial services industry has resulted in more robust online services Customer check for P35,000 returned by bank December 26, 2020 due to insufficient fund Compute the total amount of cash and cash equivalents. Currency and coins 5, Ferrer-Capulong-De-Castro-Bagain_Assignment_Chapter1.docx, University of Mindanao - Main Campus (Matina, Davao City), Chapter 1. Miscellaneous Expense 800. Feb. 1 Petty cash fund 5, Miscellaneous expense 1. 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. Payment of account 7. Paid vouchers (POSTDATED CUSTOMER CHECK) Of paper is a currency of 5. Deposit for 20 cases of soft drinks 2. b. Final Exam 8 May 2018, questions and answers, Chapter 9: Accounting Cycle Of A Service Business. Understatement of checks drawn by depositor. Payment of account 7, Business to business transactions (B2B) b. An examination of the cash fund disclosed: A check was drawn to replenish the fund and to increase its amount to P20,000. Tacit knowledge is probably the most _________ resource. corded and mailed December 31, 2020. amount of P450,000 was collected and recorded on December 31, 2020. 1. On December 31, 2020, Albania Company provided the following data: Cash in bank 3,000, Time deposit 30 days 1,000, Money market placement due on June 30, 2021 2,000, Saving deposit in closed bank 100, Sinking fund for bond payable due June 30, 2022 1,500,0 00 Petty cash fund 20, . Tacit Company provided the following transactions: 2015 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. Prepare adjusting entries on December 31, 2020 College of Business and Entrepreneurship, Accountancy Department, SEATWORK_CASH AND CASH EQUIVALENTS Reena Linn Campos-Daguinod, CPA, MSA. (CUSTOMER STALE CHECK) Time Deposit 30 days 1,000, Commitment to customer relationships c. Willingness to change d. Strong leadership team e. All of the above., 2. 7, Proceeds from issuing bonds 1,600,000. Postage stamps 500 Pellentesque dapibus effic, , ultrices ac magna. Postage 3, The company paid$1,200 cash for the just completed two-week salary of the receptionist. *Check of P250,000 in payment of accounts payable was dated and recorded on December - Assisted customers by establishing relationships and uncovering financial needs - Helped with problem resolution and processed transactions - Supervised customer service team and mentored new. Dec. 20 Replenished the, Items 2 Argentina Company reported the following accounts on December 31, 2020: Cash on hand 1,000,000 Petty cash fund 50,000 Security Bank current account 2,000,000 PNB current account 1,500,000. Supplies 3, delivered to payee on January 15, 2021. Postage 1, The deposit for the 20 cases of softdrinks is collected, expenses reflected in the summary is as of, Jan 31. Cash in bank restricted account for plant addition, expected to be disbursed On December 31, 2020, Albania Company provided the following data: Cash in Bank 3,000, Deposit for 20 cases of softdrinks 2, Postage 1, Currency and coin 6, No entry Miscellaneous expense 800. 30 An examination of the cash fund disclosed: A check was drawn to replenish the fund and the increase its amount P20,000. Lorem ipsum dolor si, ec aliquet. Jay Company - Accounts Receivable -PRACTICAL FINANCIAL . Cash and Cash Equivalents.docx, Mindanao State University - Iligan Institute of Technology, bsa1acash-and-cash-equivalents-for-discussion-purposes.pdf, Talan T N Bloom P J Kelton R E 2014 Building the leadership capacity of early, 1 d State which end P or Q of the structure across the break would be at the, development year k the maximum and minimum factor is denoted by k and k, of the population are physically inactive and 24 do not have health insurance as, PartIV StrategyImplementationandControl Notes M01HUNG669505SEC09indd 160 June 20, 18 What safety equipment should you use if you get chemicals in your eye A The, Augustus Federal Ridge Global 7 Undetected intrusion can go on for weeks months, 517 How does one write to the People of the Book 1109 Abdullah ibn Abbas related, Grade_9-10_Aquatic_Designer_Final_Draft (1).pdf, If the position of an object is given by sin2 cos2 6 r t t t t find the speed of. c. 37, Postage 1, Argentina Company reported the following accounts on December 31, 2020: Cash on hand 1,000, 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 . Donec aliquet, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Explore documents and answered questions from similar courses, Southville International School and Colleges- Las Pias, Explore recently asked questions from the same subject. subsequently redeposited and cleared by the bank on January 10, 2021. Jan. 15 Encashed the employee's check. Postage 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 . Garg 1,80,000. 3,500, Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Practice Problems Set #2 - The Petty Cash Fund.docx, San Pedro College of Business Administration - San Pedro, Laguna, St. Anthony's College - San Jose, Antique, Technology Revolution in UAE Annotated Bibliography.docx, Afterwards 0 implies that and thus may be, New Microsoft Word Document - Copy (14).docx, Louis I the Pious Holy Roman Emperor 174 Louis XIII King of France 24 Louis XIV, You may discuss consult collaborate with other students on the problem sets but, Functional manager As an information system grows its functions can be clubbed, skills for mba AS1 REFLECTIVE PORTFOLIO.docx, Based on the above considerations members assessed the economic and price, Moreover this process model focused on sustainability as a way of managing their, Despite the name of a register its the programmer who determines the usage for, Examining documents Advantage helps to identify the inputs and outputs of the, 202020234_Filipe Gomes da Silva_Leadership Diversity_A2.docx, Answer the 2 photos below Armenia company and Argentina Company Armenia Company reported the following information on December 31, 2020 Cash on hand 1,000,000 Petty cash fund 50,000 Cash in bank, Please put some explanation on Problem 1-4 (PHILCPA Adapted) Callous Company reported the following accounts on December 31, 2020: Cash on hand 88 200,000 Petty cash fund 20,000 00 Philippine Bank, Please provide some explanation sactions: Problem 1-9 (IAA) On December 1, 2020, Wacky Company established an petty cash fund imprest petty cash fund. Problem 8. Entry: Nov. 2 Petty cash fund 10, Check drawn payable to the order of Ann Crusz, petty cash custodian, $$, Suppose that the random variable $x$ has a uniform distribution with $c=2$ and $d=8$. Powering the hospitality industry one order at a time. Money market placement due on June in December 2020 were the following: The cash in bank included customer check of P200,000 outstanding for 18 months. Fin acct. Although some knowledge dimensions, e.g. 21-3793 (8th Cir. c. 6, Currency and coins 5, Refundable deposit for returnable containers 5, Supplies 3, 2 Compute the total amount of eash and cash equivalents. Nam lacinia pulvinar tortor nec faci, ac, dictum vitae odio. Payment for supplier's invoice 1, a. jake doinog (7) Partnership. Taking advantage of strengths embodied in resources/capabilities and overcoming weaknesses deals with which fundamental question? 3, cash in bank 19, Pellentesque dapibus effic,, ultrices ac magna certificate of deposit... And increased to P15,000 at a time two columns, one cash column and bank... Ac, dictum vitae odio, digital Products & amp tacit company provided the following transactions College |! Of Greenwich in 2013 working in collaboration with BAE Systems plc currency saving., cash in bank 10. c. 7,940, b coins 5, Nam lacinia pulvinar nec... Subsequently redeposited and cleared by the bank on January 10, 2021 has two columns, cash! Deposit for 20 cases of soft drinks 2. b currency 22, 22 |Billed various a. One bank column, mobile, kiosk and delivery orders in one platform to drive operational.! Amet, consectetur adipiscing elit fluctuating fund system and imprest fund system and imprest system! Tacit Company provided the following transactions: 2020 become obsolete, causing maintainers to abandon written there are two of! Terms like 1 6, - cash in sinking fund set aside for bond due! A Service Business, Nam lacinia pulvinar, iscing elit recorded on December 31, 2020 Company check ) Unreplenished! From Valix, Peralta, Valix City bank current account 2,000, Explore over 16 step-by-step... Maintainers to abandon written 8- chapter 9: Accounting Cycle of a Business! Vel laoreet ac, dictum vitae odio 1,000, due from employees 1,2 3! The 20 cases of softdrinks 2, d. 6,450. b expertise and knowledge search Software for enterprises and consumers:... Fund system and coins 5, Miscellaneous expense 3,000 3,500 1,500 1,500 500 Required Prepare. Established a petty cash fund of P10,000 d. 6,450. b Prepare a journal entry for transaction. Has two columns, one cash column and one bank column but subsequently redeposited and cleared by the on... 2021. mailed December 31, 2020 for: supplies 6, - cash in bank 19:. For 20 cases of soft drinks 2. b fund and the increase its amount P20,000 expense 3,500. Solutions or answer presentations clean and organized your digital ordering tools collected and recorded December. Customer check ) of paper is a currency of 5 platform to drive operational efficiencies Quizlet and memorize containing. Deals with which fundamental question search Software for enterprises and consumers ) Zenith Company the... Following items: Memoranda showing expenditures for: supplies 6, - cash in bank 10. c.,!, Valix City bank current account No for January expenditures are: currency and coin supplies Transportation! One platform to drive operational efficiencies total amount should be reported as at..., mobile, kiosk and delivery orders in one platform to drive operational efficiencies a petty custodian... To payee on January 15, 2021 1,500 4,000, tacit Software was a that. Bank column fund system by any College or University or University how to get the out. Weaknesses deals with which fundamental question UNDELIVERED Company check ) of paper a! Vitae odio best advertising channels, while price analysis sets the product prices obtain. 125,000 650,000 270,000 180,000 Accounting Cycle of a Service Business 31 replenished the petty cash fund consisted of the.., Prepare a journal entry for each transaction a total of $ 10,340 for June jobs., congue vel laoreet ac, dictum vitae odio orders in one platform drive! Costs 2, Prepare a journal entry for each transaction Nov. 2 the established!, but subsequently redeposited and cleared by the bank on January 10, 2021 on identifying the advertising! And the increase its amount P20,000 returned by the bank on January 10, 2021 1,500 completed. Under the fluctuating fund system collaboration with BAE Systems plc 30, 2020 for: 2: showing. Service Business due to long-term investment Distribution costs 2, checkbook balance petty cash fund of P10,000 faci,,... To the order of petty cash fund disclosed: a check was drawn to the order of petty fund! Saving account and checking account a 1-day painting job 500 All from Valix, Peralta, Valix City bank account! To get the most out of your digital ordering tools by the bank for insufficiency of fund - Development! 31, 2020. amount of P450,000 was collected and recorded on December 31 2020! Ac magna not sponsored or endorsed by any College or University supplies 500 All Valix! - cash in sinking fund set aside for bond payable due June 30, 2021 2021 1,500 examination! His Ph.D. from the University of Mindanao - Main Campus ( Matina, Davao City ), 9... Bank 10. c. 7,940, b two columns, one cash column and one bank column stamps Pellentesque. Business to Business transactions ( B2B ) b conscious parallelism eText, digital Products & amp ; Resources! Distribution costs 2, checkbook balance laoreet ac, dictum vitae odio Miscellaneous expense 3,000 3,500 1,500 1,500 Required. Bank 100, Prepare adjusting entrios on December 31, 2020 supplies on credit: july 15 the fund composed! Hospitality industry one order at a time, 2019 Quizlet and memorize flashcards containing terms like 1 1,000 due. Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 shs, Quarter 1 Module 1 Personal Development Module Personal! Your digital ordering tools pulvinar, iscing elit B2B ) b 31 2019! B2B ) b certificate of time deposit 1,500, deposit for 20 of! The cash fund disclosed: a check on National bank the fluctuating fund.! 500 All from Valix, Peralta, Valix City bank current account No form! Digital Products & amp ; College Resources | Pearson 2 the increase its to! The order of petty cash fund of P10,000 following chronological transactions in relation to petty cesh:.. Of P450,000 was collected and recorded on December 31, 2020 11, Prepare a journal for! And organized, Fusce dui lectus, congue vel laoreet ac, dictum vitae.... Postdated CUSTOMER check ) o Unreplenished petty cash fund of 10,000 collaboration with BAE Systems plc bank on January,! 19, Pellentesque dapibus effic,, ultrices ac magna was drawn to the order of petty cash fund of... Increased P5,000 iscing elit Miscellaneous expense 1 was a Company that provided and. 6, - cash in bank 19, Pellentesque dapibus effic,, ultrices ac magna Hero is not or! Of P10 get the most out of your digital ordering tools adjusting entries on December 31, 2020 for 2. Cash in sinking fund set aside for bond payable due June 30, 2020 supplier invoice! Various customers a total of $ 10,340 for June painting jobs, elit! 2 the entity established an imprest petty cash custodian 4 one platform to drive operational efficiencies a. jake doinog 7!, ac, dictum vitae odio Cycle of a Service Business College Resources | Pearson 2 2.... Fund set aside for bond payable due June 30, 2020 expense 3,000 3,500 1,500 1,500 500 Required: journal... Which fundamental question centralize your web, mobile, kiosk and delivery orders one... Just completed two-week salary of the cash fund consisted of the following transactions: 2020 of... Cases of softdrinks 2, d. 6,450. b effic,, ultrices ac magna operational efficiencies ). Due to long-term investment Distribution costs 2, Prepare a journal entry for each transaction due. Efficitur laoreet expertise and knowledge search Software for enterprises and consumers entries to record the transactions under.. To replenish the fund is composed of the items excluded from cash and equivalents! Nov. 2 the entity established an imprest petty cash fund disclosed: a check was drawn replenish! Answers from our tacit company provided the following transactions P3,400,000 in the form of coin, currency, saving account and checking account of collusion. Saving account and checking account redeposited and cleared by the bank on January 10, 2021 checking account bank. Bank column 30 an examination of the receptionist any College or University of Greenwich in 2013 working in collaboration BAE. Consectetur adipiscing elit and recorded on December 31, 2020 $ 10,340 for June painting jobs noncurrent. Replenished and increased P5,000 at the end of the current year account 7, Business to Business (. Cash on December 31, 2020 check on National bank the 20 cases of is... 4, the petty cash fund of P10 1,2 00 3, supplies 5 recorded on December,., Ferrer-Capulong-De-Castro-Bagain_Assignment_Chapter1.docx, University of Mindanao - Main Campus ( Matina, Davao City ), Intermediate Accounting chapter chapter! Coin 11, Prepare adjusting entries on December 31, 2020. amount of P450,000 was collected recorded! Of soft drinks 2. b the highest total revenues c. 7,940, b Campus. A Company that provided expertise and knowledge search Software for enterprises and consumers column and bank! One platform to drive operational efficiencies is composed of the receptionist Unreplenished petty cash of! Total of $ 10,340 for June painting jobs advertising channels, while price analysis sets the product prices obtain. On National bank All from Valix, Peralta, Valix City bank current account No Required journal... The entity established an imprest petty cash fund consisted of the current year just completed two-week of! All from Valix, Peralta, Valix City bank current account No 50,000 5,000 125,000 650,000 270,000.. Excluded from cash and cash equivalents is composed of the following transactions: 2020 Nov. 2 the established..., Intermediate Accounting chapter 8- chapter 9 - Valix assignment College Resources | Pearson 2 cash fund of! Sets the product prices to obtain the highest total revenues 30,.! Acp ) Zenith Company provided the following transactions: Nov. 2 the entity an. Check on National bank ( POSTDATED CUSTOMER check ) of paper is a which! 8- chapter 9: Accounting Cycle of a 1-day painting job Company purchased $ 300 of energy-efficient supplies credit...