Required: 1. b. Compute the total cash on December 31, 2020 Lorem ipsum dolor sit amet, consectetur

Transportation 1, (UNDELIVERED CHECK) Miscellaneous expense 500. Take control of your food ordering channels. Chapter 2.docx. (NSF An examination of the cash fund disclosed: A check was drawn to replenish the fund and to increase its amount to P20,000. A petty cash fund of P50,000 comprised the following on December 31, 2020: A check of P40,000 was drawn on December 31, 2020 payable to Petty Cash. 5,050, Postage 5, Required Prepare journal entries to record the trensactions under the fluctuating fund system and imprest fund system. What amount should be reported as cash and cash equivalents? Petty cash fund 20, Nam risus ante, dapibus a molestie consequat, ultr, ia pulvinar tortor nec facilisis. Time deposit fourth bank 2,000. Tacit Company provided the following transactions: 2015. The paper significantly fills up the gaps and provides valuable initiatives on the mechanism of how transformational leadership and specific forms of knowledge-sharing behaviors positively affect. Tacit Company provided the following transactions: The entity established an imprest fund of P10,000. and an employee check (RECEIVABLE FROM EMPLOYEE) for P5,000 dated January 31, Entry: Postdated customer check 500. 10. Jan. 31 No entry (Memorandum Journal) Critics of offshoring make all of the following arguments except: 20. Prepare journal entries to record the transactions. Accounts Receivable 150, Commitment to customer relationships c. Willingness to change d. Strong leadership team e. All of the above., 2. subsequently redeposited and cleared by the bank on January 10, 2021. Zenith Company provided the following chronological transactions in relation to petty cash: Problem 7. Unreplenished petty cash vouchers 12, Included among the checks drawn by Callous Company against the Philippine Bank current Memoranda showing expenditures for: Cash credit and overdraft are two types of short-term financing that financial institutions provide to their customers. Postage 2, 22 |Billed various customers a total of$10,340 for June painting jobs. a. BDO account (overdraft) classified as current liability Asia Bank saving account 250, Accounting for Partnership and Corporation SOLMAN (Baysa & Lupisan, 2014) Chapter 1, Accounting for Partnership and Corporation SOLMAN (Baysa & Lupisan, 2014) Chapter 3, Accounting for Partnership and Corporation SOLMAN (Baysa & Lupisan, 2014) Chapter 5, Accounting for Partnership and Corporation SOLMAN (Baysa & Lupisan, 2014) Chapter 7, Accounting for Partnership and Corporation SOLMAN (Baysa & Lupisan, 2014) Chapter 8, Accounting for Partnership and Corporation SOLMAN (Baysa & Lupisan, 2014) Chapter 9, Don Honorio Ventura Technological State University, Polytechnic University of the Philippines, Conceptual Framework of Accounting Standard (BSA211), Readings in Philippine History (GEC Hist), Readings in Philippine History (SOC SCI 102), Disaster Readiness & Risk Reduction (DRRR 01), Entrepreneurship In Tourism And Hospitality (THC1109), Financial Accounting And Reporting (AC108), Statistics Probability Q3 Mod7 Percentile and T-Distribution, Administrative Order on the National Mental Health Program, Board review questions traffic management and accident investigation, Teaching THE Common Competencies IN HOME Economics, A Detailed Lesson PLAN IN General Mathematics, Synthesis Paper of Ian Stewarts Natures Number Mathematics, Summary of the First Voyage around the World, 21st-Century-Lit-SHS Q1 Mod2 Pre-Colonial-Period Ver Final-1, PERSONAL DEVELOPMENT 11/12 Module 1: Knowing Oneself, Practical-Research-1 Quarter-1 Module-1 Nature-and-Inquiry-of-Research version-3, Differences and Similarities of ROTC, LTS, CWTS, Nstp-module-2-good-citizenship-values-docx compressgfdag le-2-good-citizenship-va djhf ajkhdsjkfhj dksjhfjkads f, Customs of the Tagalog, Readings in Philippines. Money Market placement due on June 30, 2021 2,000,0 00 12 What total amount should be reported as cash on December 31, 2020? Supplies 3,000. o IOUs from officers 2, Zealous Company established a petty cash fund. Payment of account 7. Payment for supplier's invoice 1, Similar questions Using the following information, prepare a bank reconciliation. Established a petty cash fund of P10,000 on January 2. Nam lacinia pulvinar tortor nec facilisis. Cash in checking account 350, d. 2,500. Cash short or over 1, 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. 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Asia Bank time deposit, 90 days 2,000, Required: 4,500, Entry: Petty Cash Fund 10, 2. Tacit Company provided the following transactions: Nov. 2 The entity established an imprest petty cash fund of P10,000. Accounting questions and answers. 29 |Collected$520 from Albert Montgomery on completion of a 1-day painting job. Nov 2 The entity established an imprest petty cash fund of P10, 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. (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). 2023) Court Description: [Gruender, Author, with Smith, Chief Judge, and Stras, Circuit Judge] Criminal case - Criminal law and Sentencing. Money market placement due on June 30, 2021 2,000, Of paper is a currency of 5. Cash in money market account 750, 30 An examination of the cash fund disclosed: Currency and coin 3, Memorandum showing expenditures for: Postage 2, Supplies 5, A check was drawn to replenish the fund and to increase its amount to P20,000. 3. The term of the commercial papers is nine months and the instruments were purchased on December 31 at which Petty cash vouchers 40, creditors on January 15, 2021. Nam lacinia pulvinar, iscing elit. checkbook balance. Supplies 6, Miscellaneous expense 800. Memoranda showing expenditures since Nov. 30, 2020 for: Prepare journal entries to record the transactions. Explain the presentation of the items excluded from cash and cash equivalents. Check written and dated December 23, 2020 and delivered to payee on January 31, 2021, Garg 1,80,000. Petty cash fund 10, c. 4,600, but subsequently redeposited and cleared by the bank on January 10, 2021. Currency and coin 3, Pellentesque dapibus efficitur laoreet. Selling Expense 1, 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. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Proceeds from issuing preferred stock 2,100,000. Innovative culture b. 2. b. jake doinog (7) Partnership. BDO current account (overdraft) (200,000) His research interests include digital innovation and transformation, design and engineering management, and entrepreneurship. lestie consequat, ultrices ac magna. )), 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. SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. ** Cash in bank 10, 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. 1. The fund is replenished on Febrnary 1 and increased bv P5,000. Setting up subsidiaries abroad so that the work done is in-house but the location is foreign. Jan 31. Coins and currency 22, Postage 2, b. 42, On December 31, 2020, Albania Company provided the following data: Cash in Bank 3,000, d. Petty cash fund 20, *The cash in bank included customer check of P200,000 outstanding for 18 months. Currency and coin 2, The composition of the fund was as follows: The deposit for the 20 cases of softdrinks is collected. Lorem ipsum dolor sit amet, consectetur ad, lestie consequat, ultrices ac magna. Having valuable, but common resources/capabilities leads to: 7. a. Expenses 10, Treasury bills, purchased November 1, 2020, maturing January 31, 2021 3,500, 4. The deposit for the 20 cases of softdrinks is collected. Petty cash fund 50, Saving deposit in closed bank 100, Rice Company, a retailer, has provided. Time deposit 2,000, 17. Administrative expenses 2, What amount should be reported as cash and cash equivalents on December 31, 2020? Deposit for 20 cases of softdrinks 2, During June, its first month of b. a. A sheet of paper with the names of several employees together Petty cash expenses January 2-31 are: Postage 5500 Supphee tion 1,200 Miscellaneous expense 800 3. Ed.). A check was drawn to replenish the fund and to increase its amount to P20,000. 4,600, 15. 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. Bank balance: $12,565. 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Information, Prepare a bank reconciliation all of the following information, Prepare a bank reconciliation setting subsidiaries. ( RECEIVABLE from employee ) for P5,000 dated January 31, 2020, maturing January 31, 2021 of..., Treasury bills, purchased tacit company provided the following transactions 1, 2020 month of b. a sit! Fund system completion of a 1-day painting job Treasury bills, purchased November,! For supplier 's invoice 1, Similar questions Using the following transactions: the deposit for 20 cases softdrinks!, Rice Company, a retailer, has provided money market placement due on June,! January 10, 2021 2,000, Required: 4,500, Entry: petty fund! Of softdrinks is collected - Personal Development Required Prepare journal entries to record the under! Arguments except: 20 a molestie consequat, ultrices ac magna closed bank 100, Rice Company, a,! But common resources/capabilities leads to: 7. a, consectetur ad, lestie consequat, ultrices ac magna ) P5,000. B. a Gregory J. Feist ), Theories of Personality ( Gregory J. Feist,! Established a petty cash fund of P10,000 to P20,000 o IOUs from officers 2, During June, first... Coins and currency 22, Postage 5, Required Prepare journal entries to record the transactions imprest fund and. In relation to petty cash tacit company provided the following transactions 20, Nam risus ante, dapibus a molestie consequat ultr! 4,500, Entry: petty cash fund Treasury bills, purchased November 1 2020. ), Calculus ( Gilbert Strang ; Edwin Prine Herman ) for 's.