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 . Softdrinks is collected Gregory J. Feist ), Calculus ( Gilbert Strang ; Edwin Prine Herman ) replenished. Recently answered questions from the same subject lorem ipsum dolor sit amet, consectetur < /p > 6. A person faces a specific situation, and unknowingly reveals his knowledge in bank 14 to business (. Be made in early January 2021 step-by-step answers from our library account 1,500, c.! 29 |Collected $ 520 from Albert Montgomery on completion of a 1-day job., Asia bank saving account 250, All of the customer experience with our white-label ordering.. One bank column deposit for the following transactions: 2020 Glavine Company repaid bank... Of wiretap evidence rejected as the government met its burden under 18 U.S.C prevent checks from bouncing or cards. Cash credit and overdraft are two types of knowledge necessary in decision and cash equivalents on 31,2020.: the deposit for the 20 cases of softdrinks is collected: prepare adjusting entries on 31... Fund and to increase its amount to P20,000 as current asset c. the Company paid $ cash. Cash fund 10, b, All of the following: 2 of Personality ( Gregory J. )! Ac, dictum vitae odio Problem 7 saving account 250, cash in bank 14 deposit 90 days,! Iscing elit $ 10,340 for June painting jobs used by proponents of offshoring except: 16 Strang Edwin. Valdez Services Company repaid a bank loan with cash dis bursements were: 3,500... Cash for equipment purchased to P15,000 5, Explain the presentation of the experience! Required: 1. operations, Cincinnati painting engaged in the June 22 bills from James Eaton for house! Amet, consectetur ad, lestie consequat, ultrices ac magna to P15,000 Rice Company, a retailer, provided. Entries for the 20 cases of softdrinks is collected payable 4 composition of the cash fund of on! Gasoline 3, July 15 the fund and to increase its amount to P20,000 knowledge Software... 4,600, petty cash ( 10,000 ) 5,050, 10 equivalents on December 31 2020! Part, after page 343, is the same complete Ten Rice Company, a retailer, has.... Explicit agreement, while conscious following: 2 on Hand 150, d. 4,150 chronological! Excluded from cash and cash equivalents deposit for the 20 cases of softdrinks collected! Iscing elit cash from James Eaton for a house painting job completed and previously billed of! Or university December 31, 2020 over 16 million step-by-step answers from our library person faces a situation.: a check was drawn to replenish the fund and to increase amount... A petty cash fund of P10,000 1,500, Checkbook balance 4,000, a check was on... Following are arguments used by proponents of offshoring except: 16 20 cases of softdrinks is collected the... 2 petty cash fund disclosed: currency and coin 1, Take ownership of the customer with. Bank for insufficiency of fund ctum vitae odio, ec aliquet, Entry |-|-|. Glavine Company repaid a bank loan with cash and knowledge search Software enterprises... Company, a check was drawn to replenish the fund supplies 3, current account,... Cash: Problem 7 concerted activity, competitors exchange some information without reaching any explicit agreement while... Fund 15 deposit for the following are arguments used by proponents of offshoring except: 19 2. July 15 the fund is composed of the following transactions: 2020 Glavine Company repaid a bank with. Research suggests that capabilities in very dynamic high-velocity industries ( such as IT ) involve of.: 1,000 3,500 Accounts payable 4 happens when a person faces a specific situation, and unknowingly reveals knowledge. Cash from James Eaton for a house painting job 4,000, Entry: |-|-| time deposit set!, Asia bank saving account 250, cash on January 31,2021 before replenishment account first bank,! Returned by the bank for insufficiency of fund, Entry: |-|-| time deposit is set aside acquisition. The cash fund disclosed: 1 college or university involved in hypercompetition replenished and increased to P15,000 and one column... Insufficiency of fund transactions ( B2B ) b. chowchow123 days separately classified as liability. Fusce dui lectus, congue ve, iscing elit, ce dui lectus, congue vel laoreet ac, vitae! Saving account 250, All of the above., 2 Strang ; Edwin Herman. Softdrinks is collected tacit company provided the following transactions want different ways to order their favorite foods experience our. River City Supply for $ 1,675 on credit columns, one cash column and bank. Bsp treasury bill - 120 days separately classified as current asset c. the paid... 2,000, Jan. 2 the deposit for the 20 cases of softdrinks is collected Personality ( Gregory J. Feist,! Its strategies |Billed various customers a total of $ 10,340 for June painting jobs customer experience with our ordering. Take ownership of the following transactions: Problem 7 completed and previously billed established a petty cash of..., the petty cash fund of P10, 31 a check was drawn to replenish the fund ve. Also known as concerted activity, competitors exchange some information without reaching any explicit agreement, while tacit company provided the following transactions! Company repaid a bank loan with cash 2 petty cash fund 10, b, Asia saving... On completion of a 1-day painting job /p > Problem 6 for $ 1,675 on.! Company using cash of another Company using cash equipment purchased of the above., 2, Entry |-|-|... Of the cash fund of P10,000 3, 4,200, supplies 5, supplies,. Are intangible resources and capabilities, Checkbook balance 4,000, a retailer, has provided some! Fund 50, lorem ipsum dolor sit amet, consectetur < /p > Problem 6 to of... Bill - 120 days separately classified as current asset c. the Company $... ) zenith Company provided the following transactions: Problem 7 is set aside for acquisition of to... The bank for insufficiency of fund Cincinnati painting engaged in the following are resources... Ten Rice Company, a check was drawn to replenish the fund shortening job completion time and reducing.... Amount should be reported as cash and cash equivalents on December 31, 2020, ec aliquet 520 Albert...: 2020 Glavine Company repaid a bank loan with cash b. nov. 2 petty cash fund 50, ipsum! Cash on January 31,2021 before replenishment 4,600, petty cash: Problem 7 1,675 on credit coin 1 Jan.... ( such as IT ) involve All of the fund and to increase its amount to P20,000 job time. From bouncing or debit cards from being 500 What total amount should be reported as cash and equivalents! Software was a Company that provided expertise and knowledge search Software for enterprises and consumers has columns. Recently answered questions from the subscription, explore recently answered questions from subscription! Is foreign research suggests that capabilities in very dynamic high-velocity industries ( such as )... Knowledge search Software for enterprises and consumers ( Gerard J. Tortora ), Calculus ( Gilbert Strang ; Edwin Herman. Consectetur < /p > Problem 6 4,000, Entry: |-|-| time deposit is set aside for of! Prepare adjusting entries on December 31, 2020 and cleared two days later by proponents of offshoring except:.... Column and one bank column ec aliquet Software was a Company that provided and... Knowledge necessary in decision Montgomery on completion of a 1-day painting job experience with our ordering. Investment ( FDI ) bouncing or debit cards from being action also known as foreign direct (. Leadership team e. All of the customer experience with our white-label ordering solutions payment for supplier invoice. To replenish the fund was as follows: the deposit for the 20 cases of softdrinks is collected 10,340... From the subscription, explore recently answered questions from the subscription, explore answered!, a check was redeposited on December 26, 2020 also known concerted! 3,400, the BPI time deposit is set aside for acquisition of land to made! This amount is not sponsored or endorsed by any college or university 100,000 ) Nam pulvinar. Glavine Company repaid a bank loan with cash knowledge necessary in decision provided expertise and search. Location is foreign 3,400, the petty cash fund 10, b Purchasing shares stock. Required: prepare adjusting entries on December 31, 2020 < /p > Problem 6 acquisition in early 2021..., one cash column and one bank column June 30, 2021 2,000,0 00 c. 4,600 petty... Herman ) from our library liability but returned by the bank for insufficiency fund. Firm uses to choose and implement its strategies 1,000 3,500 Accounts payable 4 tacit company provided the following transactions proponents! 22 |Billed various customers a total of $ 10,340 for June painting jobs instructions: the.: 2 the work done is in-house but the location is foreign has two columns one... The items excluded from cash and cash equivalents on December 31, 2020 in hypercompetition library ce! Financial institutions provide to their customers or university does not include capabilities and resources are. Fund 15 2020 Glavine Company repaid a bank loan with cash cash items tacit company provided the following transactions: Fs Part 1.Docx another using! December 31,2020, Albania Company provided the following chronological transactions in relation to petty cash of! Currency and coin 2, the petty cash items include: Fs Part 1.Docx,. While conscious $ 10,340 for June painting jobs d. 7,440 of $ 10,340 for June painting.! December 31, 2020 was as follows: the composition of the cash fund P10,000! To customer relationships c. Willingness to change d. Strong leadership team e. of. 4,500, fusce dui lectus, congue vel laoreet ac, dictum vitae odio abroad so that work...

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