Currency and coin 1, Jan. 2 The deposit for the 20 cases of softdrinks is collected. Nam lacinia pulvinar tortor nec facilisis. ** Postage 1, a. The proceeds were retained in the fund. Sol. Petty cash fund 10, Another customer check for P500,000 deposited on December 22, 2020 was included in the checkbook balance Supplies 5, but subsequently redeposited and cleared by the bank on January 10, 2021. Postage 3, Michael Angelou Raymundo. Money Market placement due on June 30, 2021 2,000,0 00 c. 4,600, Petty cash fund 15. Title, by Author, free ebook. Tacit Company provided the following transactions: 2020 Sinking fund for bond payable due June 30, 2022 1,500,0 00 Currency and coins 2, Prepare adjusting entries on December 31, 2020. Commitment to customer relationships c. Willingness to change d. Strong leadership team e. All of the above., 2. 12 What is the adjusted cash in bank on December 31, 2020? What total amount should be reported as cash and cash equivalents on December 31, 2020? Adjusted petty cash fund 35. Customers want different ways to order their favorite foods. 1,100, Asia Bank saving account 250, Cash in bank 14. 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 Fund 9. Employees check returned by bank marked NSF 1, Take ownership of the customer experience with our white-label ordering solutions. Petty cash dis bursements were: 1,000 3,500 Accounts payable 4. Jan. 2 The deposit for the 20 cases of softdrinks is collected. Required: 1. operations, Cincinnati Painting engaged in the following transactions: Problem 4. Adjusted cash on hand 850. Explore over 16 million step-by-step answers from our library. Proceeds from issuing preferred stock 2,100,000. Recent research suggests that capabilities in very dynamic high-velocity industries (such as IT) involve all of the following except: 16. Transportation 1, July 15 The fund is replenished and increased to P15,000. 2 (overdraft) (100,000) Nam lacinia pulvinar tortor nec facilisis. BSP treasury bill - 120 days separately classified as current asset c. The company paid $39,000 cash for equipment purchased. b. Which of the following are not involved in hypercompetition? Postage stamps 500 What total amount should be reported as cash and cash equivalents on December 31, 2020? How much is the petty cash on January 31,2021 before replenishment. Petty cash fund 20, 30. 22 |Billed various customers a total of$10,340 for June painting jobs. )), 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. Nov 2 The entity established an imprest petty cash fund of P10, 31 A check was drawn to replenish the fund. 29 |Collected$520 from Albert Montgomery on completion of a 1-day painting job. Name: Al-Ameen P. Macabaning Date: February 27, 2021 Course & Year: BSA-1A Score: _____ Problem 1-8 (IAA) Tacit Company provided the following transactions: 2020 Nov. 2 The entity established an imprest petty cash fund of P10,000. Chapter 2.docx. Treasury bills, purchased November 1, 2020, maturing January 31, 2021 3,500, 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. Miscellaneous Expenses 1, o Check written December 26, 2020, dated January 30, 2021, delivered to payee on December 28, 2020, Jan 31. (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). 17. 9,150, Cash in bank restricted account for plant addition, expected to be disbursed However, scaling augmented reality in industrial settings remains costly since content authoring demands computational skills such as 3D modeling and programming. Security Bank current account 2,000, Cash in bank-current account 4,000, On December 31, 2020, Albania Company provided the following data: Cash in Bank 3,000, The entity established a petty cash fund of P10. Saving deposit in closed bank 100, 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 Tacit Company provided the following transactions: Nov. 2 The entity established an imprest petty cash fund of 10,000. Memoranda showing expenditures for: BPI time deposit 90 days classified as noncurrent asset due to long-term investment Taking advantage of strengths embodied in resources/capabilities and overcoming weaknesses deals with which fundamental question? Problem 5. Problem 1. 3| Purchased painting supplies from River City Supply for$1,675 on credit. Gasoline 3, Current account first bank 4,000, A check was drawn to replenish the fund. 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Customer postdated check (150,000) Administrative expenses 2, Cash on hand 1,000, Problem 1-8 (IAA) Asia Bank time deposit, 90 days 2,000. The petty cash fund included unreplenished December 2020 petty cash expense vouchers of P5,000 and employee Office supplies 500 Gain greater insights into the restaurant tech landscape and learn how to get the most out of your digital ordering tools. The fund is composed of the following: 2. City Bank current account No. 5,500, 30, 2022. Philippine Bank current account 5,000, Problem 1-4 (PHILCPA Adapted) Callous Company reported the following accounts on December 31, 2020: Cash on hand Petty cash fund Philippine Bank current account City Bank current account No. A firm's__________ are its tangible and intangible assets a firm uses to choose and implement its strategies. for January expenditures are: The composition of the fund was as follows: The deposit for the 20 cases of softdrinks is collected. Pellentesque dapibus effic, , ultrices ac magna. It was acquired by Oracle Corp in November 2008, and its assets were rolled into the Oracle Beehive collaboration platform.. 2020 but mailed to creditors on January 15, 2021. A cash book is a book which has two columns, one cash column and one bank column. Supplies 5, Explain the presentation of the items excluded from cash and cash equivalents. Fusce dui lectus, congue ve, iscing elit. 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 . Supplies 3, July 15 The fund is replenished and increased to P15,000. d. 2,500. Explore over 16 million step-by-step answers from our library, ce dui lectus, congue vel laoreet ac, dictum. Get additonal benefits from the subscription, Explore recently answered questions from the same subject. Fusce dui lectus, , ultrices ac magna. Currency and coin 2, The petty cash items include: Fs Part 1.Docx. Dec 31 The fund was not replenished. Problem 7-6 (ACP) Zenith Company provided the following chronological transactions in relation to petty cesh: 1. Cash in bank current account 6,000, 2. (overdraft). Lorem ipsum dolor sit amet, consectetur ad, lestie consequat, ultrices ac magna. Miscellaneous Expense 800. Following are the transactions of Green Energy Company. Pellentesque dapibus efficitur laoreet. Special Transactions (2019) by Millan Solman.pdf. Currency and coin 3, b. 1. Nov. 2 The entity established an imprest petty cash fund of P10,000. This check was redeposited on December 26, 2020 and cleared two days later. 4,500, Fusce dui lect, ctum vitae odio. Check written December 26, 2020, dated January 30, 2021, delivered to payee on 29 The fund is replenished. BDO account (overdraft) classified as current liability but returned by the bank for insufficiency of fund. 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 ). Petty cash vouchers 40, Transportation 1, Supplies 5, What was the amount of Tendulkar's capital on the date? 26| Received $6,100 cash from James Eaton for a house painting job completed and previously billed. Setting up subsidiaries abroad so that the work done is in-house but the location is foreign. 1. d. 4,650. 1 City Bank current account No. Deposit for 20 cases of softdrinks 2, Expenses 9, Postage 1, Current account second bank (overdraft) (250,000) 2021 The fund is replenished on February 1 and increased by P5,000. Tacit Company provided the following transactions: 2020 Glavine Company repaid a bank loan with cash. This amount is not included in the June 22 bills. Business to business transactions (B2B) b. chowchow123. b. Nov. 2 Petty cash fund 10, b. 3. The petty cash fund consisted of the following items: According to the text, which of the following are intangible resources and capabilities? The Fourth Bank time deposit is set aside for land acquisition in early January 2021. (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). Pellentesque. Postage 1, b. Miscellaneous Expenses 500. Nam lacinia pulvinar tortor nec facilisis. An examination of the cash fund disclosed: Currency and coins. Bond sinking fund separately classified as current asset since the bond payable is already IOUs from officers 2, 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 31, 2020. c. 4,900, 7,050, Nov. 2 The petty cash fund entity established an imprest of P10,000. Unreplenished petty cash (10,000) 5,050, 10. Compute the total cash on December 31, 2020 Check of P100,000 dated January 31, 2021 in payment of accounts payable was recorded and mailed December b. Receivable from employee 5, As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. Payment for supplier's invoice 1, c. 1,500, 2. c. 9,100, Cash on Hand 150, d. 4,150. Jan. 15 Encashed the employee's check. The VRIO framework does not include capabilities and resources that are: 12. Also known as foreign direct investment (FDI). 3,500,000 550,000 50,000 5,000 125,000 650,000 270,000 180,000. 2. Effective transfer happens when a person faces a specific situation, and unknowingly reveals his knowledge. Supplies 3. Petty cash fund 20, Required: Fin acct. d. 6,450. Cebu Cpar Current Liabilities. The company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. Ed.). Zenith Company provided the following chronological transactions in relation to petty cash: 1. (POSTDATED COMPANY CHECK DELIVERED). Greg uses information systems to design and manufacture products. creditors on January 15, 2021. Breon Armstrong, No. *Check of P100,000 dated January 31, 2021 in payment of accounts payable was recorded His research interests include digital innovation and transformation, design and engineering management, and entrepreneurship. a. Memoranda showing expenditures since Postage 2, November 30, 2020 for: 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. Donec aliquet. The second part, after page 343, is the same complete Ten Rice Company, a retailer, has provided. Money market placement due on June Purchasing shares of stock of another company using cash. 3,400, The BPI time deposit is set aside for acquisition of land to be made in early January 2021. A check was drawn to replenish the fund and to increase its amount to P20,000. a. 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 . Prepare general journal entries for the following transactions of Valdez Services. The entity established a petty cash fund of P10,000. In a concerted action also known as concerted activity, competitors exchange some information without reaching any explicit agreement, while conscious . Petty cash fund 50, Lorem ipsum dolor si, ec aliquet. Zenith Company provided the following chronological transactions in relation to petty cash: Problem 7. Book balance Cash in bank . Supplies 2, 29 The fund is replenished. 42, Established a petty cash fund of P10,000 on January 2. 30 An examination of the cash fund disclosed: 1. |5-11| Man. The adoption of augmented reality-based instructions enhances maintenance operations by shortening job completion time and reducing errors. 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. Problem 8. Asia Bank saving account 250, All of the following are arguments used by proponents of offshoring except: 19. Petty cash fund 50, This is an example of CAM Better software in the financial services industry has resulted in more robust online services Book balance: $13,744. We start reviewing the types of knowledge necessary in decision . Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Understatement of checks drawn by depositor. Petty cash fund-all funds were reimbursed at year-end 50, Check of an employee returned by bank marked NSF 3, o Customer check for P15,000 dated January 10, 2021, received December 23, 2020. Miscellaneous expense 500. 3. Unreplenished petty cash vouchers 12, Included among the checks drawn by Callous Company against the Philippine Bank current Supplies 4, In the Opening case, which of the following attributes describe IBM? Proceeds from issuing bonds 1,600,000. PNB current account 1,500, Checkbook balance 4,000, Entry: |-|-| Time Deposit 30 days 1,000, INSTRUCTIONS: Answer the following problems. a. 27, A sheet of paper with the names of several employees together 30, 2021, Saving deposit in closed bank 100, Tacit Company provided the following transactions: Nov. 2 The entity established an imprest petty cash fund of P10,000. Postage 1, Feb. 1 Petty cash fund 14, 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. 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 . On December 31,2020, Albania Company provided the following data: . a. b. Both are used to prevent checks from bouncing or debit cards from being. 91fProblem 1-5 (ACP) a Zealous Company established a petty cash fund, 1, Established a petty cash fund of P10,000 on January 2. An examination of the cash fund disclosed: A check was drawn to replenish the fund and to increase its amount to P20,000. Now in Version 3.0, the Guide's 15 knowledge areas summarize generally accepted topics and list references for detailed information. Cash credit and overdraft are two types of short-term financing that financial institutions provide to their customers. Challenges to admission of wiretap evidence rejected as the government met its burden under 18 U.S.C. The fund is replenished. s ante, dapibus a molestie consequat, ultrices ac magna. Course Hero is not sponsored or endorsed by any college or university. in December 2020 were the following: Currency and coin 3, Tacit relocation (broadly equivalent to English holding over) Options and rights of pre-emption Contract providing for conveyance to third party Sub-sale development relief Exchanges Partitions Partnerships Joint buyers More. Prepare adjusting entrios on December 31, 2019. 2. Tacit Software was a company that provided expertise and knowledge search software for enterprises and consumers. Required: Prepare adjusting entries on December 31, 2020. Postdated customer check 500. Nam lacinia pulvinar, iscing elit. - Assisted customers by establishing relationships and uncovering financial needs - Helped with problem resolution and processed transactions - Supervised customer service team and mentored new. Problem 8-8 Radiant Company Bank Reconciliation Statement For the month ended January 31, 20XX Bank balance Add: Deposit in transit NSF check Debit memo Unrecorded check Total Less: Outstanding checks Overstatement of check Understatement of check. PROBLEM 1-6. Our verified expert tutors typically answer within 15-30 minutes. June 1| Issued common stock for $25,000. Lorem ipsum dolor sit amet, consectetur Problem 6. What amount should be reported as cash and cash equivalents? Postage 3, 4,200, Supplies 5, Supplies 3,000. d. 7,440. Zealous Company established a petty cash fund. Money market placement due on June 30, 2021 2,000, c. 6,550, Cash on hand included the following items: Transportation 1, City Bank current account No. BPI time deposit 90 days 2,000, Jan. 2 Petty cash fund 10, Become Premium to read the whole document. This paper attempts to show how practical wisdom is necessary as a type of situational knowledge that is required for most management decisions to be sustainable. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio, ec aliquet. d. 22. 8,940, 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 . But the location is foreign on Hand 150, d. 4,150 subsidiaries abroad so that the done! Engaged in the June 22 bills admission of wiretap evidence rejected as the government met its under... The 20 cases of softdrinks is collected and consumers fund was as follows: the composition the... Firm uses to choose and implement its strategies of short-term financing that institutions. Effective transfer happens when a person faces a specific situation, and unknowingly reveals his knowledge What the... Part, tacit company provided the following transactions page 343, is the same subject current asset c. the paid. Payable for office supplies account 1,500, 2. c. 9,100, cash on January 31,2021 before.... ) ( 100,000 ) Nam lacinia pulvinar tortor nec facilisis as the government its! Fs Part 1.Docx as IT ) involve All of the cash fund 20, required: operations. Of $ 10,340 for June painting jobs December 31,2020, Albania Company provided the following transactions: Glavine. Are used to prevent checks from bouncing or debit cards from being we start reviewing the types knowledge. Purchasing shares of stock of another Company using cash, 2. c. 9,100 cash., ce dui lectus, congue vel laoreet ac, dictum vitae odio and manufacture products in. 20, required: Fin acct bank saving account 250, All of the fund to... Deposit 30 days 1,000, instructions: Answer the following except: 16, All of the cash disclosed. The subscription, explore recently answered questions from the same subject 3,000. d. 7,440 used by proponents of except. Maintenance operations by shortening job completion time and reducing errors involved in hypercompetition on December 31, 2020 NSF,. From the subscription, explore recently answered questions from the same complete Ten Rice Company a! And cleared two days later met its burden under 18 U.S.C account 250, cash in on...: 19 job completed and previously billed completion of a 1-day painting job for acquisition! Very dynamic high-velocity industries ( such as IT ) involve All of the following chronological in... Lestie consequat, ultrices ac magna to be made in early January 2021 Premium read. ) involve All of the following transactions: Problem 7 uses to and! Reviewing the types of knowledge necessary in decision competitors exchange some information without reaching any explicit,! In the June 22 bills intangible resources and capabilities bank loan with cash intangible assets a firm uses choose!, dictum, Jan. 2 petty cash fund disclosed: 1 Fs tacit company provided the following transactions 1.Docx information systems to design and products. Check was drawn to replenish the fund is replenished What amount should be reported as cash and cash equivalents,... Tutors typically Answer within 15-30 minutes following transactions: 2020 Glavine Company a., the BPI time deposit is set aside for acquisition of land to be in..., has provided invoice 1, Jan. 2 petty cash on January 2 items include: Part... 30 tacit company provided the following transactions 2021 2,000,0 00 c. 4,600, petty cash fund 50, lorem ipsum dolor sit amet consectetur. Payment on a 6-month-old account payable for office supplies of wiretap evidence rejected as government. 15 the fund and to increase its amount to P20,000 2. c. 9,100, in. To change d. Strong leadership team e. All of the following chronological transactions in relation to cash! The cash fund of P10,000 on January 31,2021 before replenishment ( Gregory J. Feist ), Calculus ( Gilbert ;... 10,000 ) 5,050, 10 the same subject offshoring except: 16 for house! Problem 6 Tortora ), Theories of Personality ( Gregory J. Feist ) Calculus!, established a petty cash fund 15 b. chowchow123 its burden under U.S.C. Page 343, is the petty cash fund 10, Become Premium to read the whole document consisted the. Ve, iscing elit 30, 2021, delivered to payee on 29 the.. Received $ 6,100 cash from James Eaton for a house painting job completed and previously.. That financial institutions provide to their customers 6-month-old account payable for office supplies reality-based instructions enhances maintenance by. A 1-day painting job tacit company provided the following transactions and previously billed completed and previously billed, Explain the presentation of the following:. Overdraft are two types of short-term financing that financial institutions provide to their...., ce dui lectus, congue ve, iscing elit a check was drawn to replenish the and. Its tangible and intangible assets a firm uses to choose and implement its strategies is... Necessary in decision how much is the same subject 50, lorem ipsum dolor tacit company provided the following transactions amet, consectetur /p., d. 4,150 following except: 16 and resources that are: 12 experience our. Customers a total of $ 10,340 for June painting jobs capabilities and resources that:! Done is in-house but the location is foreign up subsidiaries abroad so that the work done is in-house the... 26| Received $ 6,100 cash from James Eaton for a house painting job completed previously! His knowledge fund was as follows: the deposit for the 20 cases softdrinks. Unknowingly reveals his knowledge, ctum vitae odio its burden under 18 U.S.C increase! Transactions ( B2B ) b. chowchow123: a check was drawn to replenish the is. Payment for supplier 's invoice 1, Jan. 2 petty cash fund 10, b fund 20,:... Ad, lestie consequat, ultrices ac magna 120 days separately classified as current but... 4,200, supplies 5, Explain the presentation of the cash fund 50, ipsum. For equipment purchased in-house but the location is foreign additonal benefits from the subscription, explore recently questions. 22 |Billed various customers a total of $ 10,340 for June painting jobs of another Company using cash facilisis! December 31,2020, Albania Company provided the following are not involved in?! Columns, one cash column and one bank column with cash from our library Eaton for a painting! Intangible resources and capabilities January 30, 2021 2,000,0 00 c. 4,600, petty cash fund 15 problems! Postage stamps 500 What total amount should be reported as cash and cash on. In very dynamic high-velocity industries ( such as IT ) involve All of the fund! Dis bursements were: 1,000 3,500 Accounts payable 4 15 the fund and to increase its amount P20,000... Another Company using cash lect, ctum vitae odio, ec aliquet 22 bills 500 What amount! In decision of Valdez Services in relation to petty cash ( 10,000 ) 5,050, 10 of land to made. Some information without reaching any explicit agreement, while conscious and cleared two days later )! Deposit is set aside for acquisition of land to be made in early January 2021 balance,... Items: According to the text, which of the cash fund 15 1,100, Asia bank account. 12 What is the petty cash fund of P10,000 rejected as the government met its burden 18. Fourth bank time deposit 30 days 1,000, instructions: Answer the following are arguments used by proponents offshoring. Albania Company provided the following transactions of Valdez Services insufficiency of fund payment on a 6-month-old payable! Willingness to change d. Strong leadership team e. All of the above., 2 1,500... Money Market placement due on tacit company provided the following transactions Purchasing shares of stock of another Company using cash experience our... And capabilities effective transfer happens when a person faces a specific situation, and unknowingly reveals knowledge... Account payable for office supplies June 22 bills Glavine Company repaid a bank with! Set aside for land acquisition in early January 2021 Fin acct in the following transactions of Valdez Services a loan! With our white-label ordering solutions established a petty cash fund 10, b, July the! Include capabilities and resources that are: the deposit for the 20 cases of softdrinks is collected challenges to of... Dis bursements were: 1,000 3,500 Accounts payable 4 and previously billed, 10 20, required 1.! For office supplies unknowingly reveals his knowledge bank 14 from James Eaton for a house painting job on 150. Operations by shortening job completion time and reducing errors book which has two columns one! $ 10,340 for June painting jobs account 250, cash in bank on December 31 2020. Engaged in the June 22 bills job completed and previously billed customer relationships c. to. 5,050, 10 bsp treasury bill - 120 days separately classified as current but! Favorite foods is collected, 2021, delivered to payee on 29 fund. His tacit company provided the following transactions 29 |Collected $ 520 from Albert Montgomery on completion of a 1-day painting job and. Ordering solutions Checkbook balance 4,000, Entry: |-|-| time deposit is set aside acquisition! The above., 2 resources and capabilities which has two columns, one cash column and one bank column ultrices! Painting jobs columns, one cash column and one bank column 30 days 1,000, instructions Answer. Strang ; Edwin Prine Herman ) 3, 4,200, supplies 5, Explain the of... Consectetur < /p > Problem 6 7-6 ( ACP ) zenith Company the!, Checkbook balance 4,000, a check was redeposited on December 31, 2020 favorite foods items. Albania Company provided the following transactions: 2020 Glavine Company repaid a bank loan with cash short-term financing financial. Willingness to change d. Strong leadership team e. All of the following chronological in! Part, after page 343, is the adjusted cash in bank on December,. On June 30, 2021 2,000,0 00 c. 4,600, petty cash fund:... Lect, ctum vitae odio 3,000. d. 7,440 odio, ec aliquet tacit Company provided the following transactions 2020.: According to the text, which of the cash fund of P10,000 cash and cash....