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Lyrx [107]
1 year ago
7

The petty cash fund of the Brooks Agency is established at $220. At the end of the current period, the fund contained $155 and h

ad the following receipts: entertainment, $42; postage, $13; and printing, $10. Prepare journal entries to record (a) establishment of the fund and (b) reimbursement of the fund at the end of the current period.
Business
1 answer:
I am Lyosha [343]1 year ago
7 0

Answer:

Explanation: Journal Entries:

DR: Petty Cash with $220

CR: Bank/Cash with $220

Being establishment of funds in petty cash

DR: Entertainment with $42

CR: Petty cash with $42

Being cost of entertainment

DR: Postage with $13

CR: Petty cash with $13

Being cost of postage

DR: Printing with $10

CR: Petty cash with $10

Being cost of printing

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Listen to the NPR news piece about Rachel Carson, the author of A Fable for Tomorrow. You will note that the radio article menti
gavmur [86]

Answer:

Check the explanation

Explanation:

Rachel Carson received numerous attacks by agricultural and chemical industries due to the book she wrote called -Silent Spring', where she explained the repercussions to the atmosphere and that of human health in the using pesticides.

She has been tagged as a radical and unqualified scientist whose knowledge about science is limited. She was also accused of wanting to protect the lives of all the insects that spread diseases in humans and plants.

However, if we read concerning whom Rachel Carson was and what she stood for, we’ll notice that the arguments in various quarters are completely misguided.

She was an exceptional scientist and a writer on science topics, she investigated and cautioned on how the chemicals that government spread in the farms to kill pathogens insects, are also dangerous to all living things including humans.

Some of the chemical industry representatives even in this present time still do not concur with her; they are only concerned how to produce and sell more chemicals and they don’t even worry about their environmental consequences and damage. This is reason they prefer to berate her work and researches.

4 0
1 year ago
You are a bond analyst working for a hedge fund. A bond you follow has face value 100, has a coupon rate of 5% (paid once a year
nignag [31]

Answer:

$101.22

Explanation:

Please see attachment

7 0
2 years ago
A direct cost is a cost that is:
kap26 [50]

Answer:

(D) Traceable to a single cost object.

Explanation:

A direct cost -

It is refers to the amount which is directly linked to the production of the specific products and services , is referred to as the direct cost .  

The direct cost is variable in nature .  

The direct cost can be traced to the cost object , that can be department , product or service.  

Hence, from the given information of the question,  

The correct option is D.

4 0
2 years ago
If the demand increases by 100%, annual production will have to increase to jaw-breakers next year to meet the expected increase
aleksklad [387]
<span>If demand increases by 100% in one year, gummy land has two options. First, they could increase their staff and production hours to meet the increased demand. Second, if demand is increased by 100%, gummy land needs to take a look at a supply and demand chart and decide if increasing the price may slow demand by a little bit but will still increase profits. They need to look at an equilibrium price and decide which of the two options makes the most sense economically. If their demand increased by such a large number, it would be reasonable to assume that their demand would not decrease significantly with a slight increase in price.</span>
5 0
2 years ago
Retirement Investment Advisors, Inc., has just offered you an annual interest rate of 4.1 percent until you retire in 45 years.
grigory [225]

Answer:

If you wait one year, in 45 years you will have $16,624.04 more than investing today.

Explanation:

Giving the following information:

Option 1:

Initial investment= $11,500

Number of years= 45

Interest rate= 4.1%

Option 2:

Initial investment= $11,500

Number of years= 44

Interest rate= 4.7%

To calculate the future value for both options, we need to use the following formula:

FV= PV*(1+i)^n

<u>Option 1:</u>

FV= 11,500*(1.041^45)= $70,142.41

<u>Option 2:</u>

FV= 11,500*(1.047^44)

FV= $86,766.45

If you wait one year, in 45 years you will have $16,624.04 more than investing today.

7 0
2 years ago
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