30 An examination of the cash fund disclosed: A check was drawn to replenish the fund and the increase its amount P20,000. (acquisition of land) Petty Cash Fund 9, Fs Part 1.Docx. creditors on January 15, 2021. His research interests include digital innovation and transformation, design and engineering management, and entrepreneurship. o Unreplenished petty cash vouchers 12. 31 A check was drawn to replenish the fund. a. Garg 1,80,000. due within one year after the end of reporting period. How much is the petty cash on January 31,2021 before replenishment. 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. Jan. 2 The deposit for the 20 cases of softdrinks is collected. Michael Angelou Raymundo. Zealous Company established a petty cash fund. 2. d. 6,500. 60-day, 12% note, dated April 4, in payment of an account. 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 petty cash items include: Currency and coins 2, IOU of P5,000. Saving deposit in closed bank 100, 21-3793 (8th Cir. Understatement of checks drawn by depositor. Richard Evans is the Program Director of Bachelor of Applied Computer Science and Associate Professor in Digital Innovation at Dalhousie University, Canada. Which of the following transactions would be reported in the cash flow statement as a cash flow from financing activities? Unreplenished petty cash vouchers 12, Included among the checks drawn by Callous Company against the Philippine Bank current November 30, 2020 for: 7,050, The fund is replenished. The term of the commercial papers is nine months and the instruments were purchased on December 31 at which 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. Ed.). 1,100, Established a petty cash fund of P10,000 on January 2. Tacit Company provided the following transactions: 2020 4,600, Supplies 5. Cebu Cpar Current Liabilities. Nov 2 The entity established an imprest petty cash fund of P10, Check written and dated December 23, 2020 and delivered to payee on January 31, 2021, Representing her salary 15, 2020 but mailed to creditors on January 15, 2021. SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. Cash on Hand 400, The Fourth Bank time deposit is set aside for land acquisition in early January 2021. 1. Rice Company, a retailer, has provided. Current account first bank 4,000, 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, 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. Check of P250,000 in payment of accounts payable was dated and recorded on December 31, 2020 but mailed to Often unique strategies and techniques enable architects and designers to acquire insights otherwise beyond the reach of those disciplines that do not possess them. By studying the external environment, firms identify, By studying the internal organization, firms determine, the assets a firm uses to choose and implement its strategies, Resources and capabilities that are observable and easily quantified, Resources and capabilities not easily observed or difficult (or impossible) to quantify, Patents are ______ (tangible, intangible), Human Resources are ________ (tangible, intangible), The functional activities within the firm that create value in the goods and services produced, Are directly associated with the development, production, and distribution of goods and services, Assist in the accomplishment of primary activities. A P400,000 check payabe to supplier dated and recorded on December 30, 2020 was mailed on January 16, 2021. In the Opening case, which of the following attributes describe IBM? Accounts Receivable 150, Both are used to prevent checks from bouncing or debit cards from being. Postage 3, Petty cash disbursements were: English 8 q1 mod2 Writing Bibliography Final 07282020, Q AND A Multiple Choices Profed (Professional Education), 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. Payment for supplier's invoice 1, c. 7,940, Cash credit and overdraft are two types of short-term financing that financial institutions provide to their customers. Jan. 2 The deposit for the 20 cases of softdrinks is collected. A check was drawn to replenish the fund and to increase its amount to P20,000. Cash short or over 1, Petty cash fund 50, Cash in sinking fund 2,000. Supplies 3, 3,500, Compute the total amount of cash and cash equivalents. Postage 2, Academic research has found support for ______________effects on firm performance. Customer check for P35,000 returned by bank December 26, 2020 due to insufficient fund Tranvia Company revealed the following information on December 31, 2020: Affable Company provided the following information at year-end compromising the cash account: Thor Company provided the following data on December 31, 2020: Joana Company had the following account balances on December 31, 2020: On December 31, 2020 Lamentable Company had the following cash balances: Yasmin Company provided the following on December 31, 2020: A check for P100,000 was drawn against First Bank current account dated and recorded December 29, 2020 bur Supplies 5. (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). An examination of the cash fund disclosed: Currency and coins. 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 . Cash in bank-current account 4,000, Explain the presentation of the items excluded from cash and cash equivalents. Petty cash fund 50, 31 Replenished the petty cash fund by writing a check on National Bank. c. The company paid $39,000 cash for equipment purchased. Pellentesque dapibus efficitur laoreet. A check was drawn to replenish the fund and to increase its amount to P20,000. Cash in checking account 350, d. 22. BSP treasury bill - 120 days separately classified as current asset Supplies 6, Make your solutions or answer presentations clean and organized. Saving deposit in closed bank 100, National College of Business Administration & Economics, Lahore, SW_Cash and Cash Equivalents with ANSWERS (1).pdf, Week 2 - IA-1 Problem Soving on Cash and Cash Equivalents.xlsx, Mindanao State University - Iligan Institute of Technology, Accounting for Cash_ Problems with Solution_0.pdf, 1.3.2.2. Sinking fund for bond payable due June 30, 2022 1,500,0 00 collected and recorded on December 31, 2020. What total amount should be reported as cash and cash equivalents on December 31, 2020? a. Problem 1-8 (IAA) What total amount should be reported as cash and cash equivalents on December 31, 2020? The fund is composed of the following: Transportation 1, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, 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. Tacit Company provided the following transactions: Nov. 2 The entity established an imprest petty cash fund of 10,000. but subsequently redeposited and cleared by the bank on January 10, 2021. The adoption of augmented reality-based instructions enhances maintenance operations by shortening job completion time and reducing errors. *The cash receipts journal was held open until January 15, 2021 during which time an amou. Prepare adjusting entries on December 31, 2020. 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. In the Opening case, which of the following attributes describe IBM? - Cash in bank 10. 4,500, Cash on hand included the following items: (Gerard J. Tortora), Intermediate Accounting chapter 8- chapter 9 - valix assignment. To support and assess the learnings of the students, this seatwork is posted to Answer to Cornerstones of Managerial Accounting 5t, Seatworks chapters 9-10 Multiple choice Answers, Investigatory Project on Banana Ripening 2, 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. Problem 5. On December 31, 2020, Albania Company provided the following data: Cash in bank 3,000, College of Business and Entrepreneurship, Accountancy Department, SEATWORK_CASH AND CASH EQUIVALENTS Reena Linn Campos-Daguinod, CPA, MSA. Bond sinking fund 2,500. Sol. December 28, 2020, P45,000. Jan. 2 Petty cash fund 10, Dec 31 The fund was not replenished. 2. BDO account (overdraft) classified as current liability jake doinog (7) Partnership. 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. 4,500, We are the leading provider of enterprise digital ordering solutions for the hospitality industry. Security Bank current account 2,000, The reporting period is calendar year. In a concerted action also known as concerted activity, competitors exchange some information without reaching any explicit agreement, while conscious . Fin acct. SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. An examination of the cash fund disclosed: A check was drawn to replenish the fund and to increase its amount to P20,000. Final Exam 8 May 2018, questions and answers, Chapter 9: Accounting Cycle Of A Service Business. Postage 3, 2. The VRIO framework does not include capabilities and resources that are: 12. A cash book is a book which has two columns, one cash column and one bank column. Explain the presentation of the items excluded from cash and cash equivalents. Pellentesque dapibus effic, , ultrices ac magna. Special Transactions (2019) by Millan Solman.pdf. Fusce dui lectus, congue ve, iscing elit. Donec aliquet. Laborious Company closed the accounts on June 30. Postage 1, Commercial papers of P1,500, Petty cash expenses January 2-31 are: Postage 5500 Supphee tion 1,200 Miscellaneous expense 800 3. c. 1,500, |Date|Transaction| A check was drawn to replenish the fund and to increase its amount to P20,000. The editors for Version 3.0 of the SWEBOK Guide are Pierre . Lorem ipsum dolor sit amet, consectetur adipiscing elit. IOUs from officers 2, Coins and currency 22, Supplies 3. Nam lacinia pulvinar tortor nec facilisis. a. Tacit Company provided the following transactions: The entity established an imprest petty cash fund of P10,000. d. 7,440. Currency and Coins 6, P25,000. Supplies 5,000. May 20 The company paid $300 cash toward the payable for energy-efficient supplies. b. and an employee check (RECEIVABLE FROM EMPLOYEE) for P5,000 dated January 31, The cash receipts journal was open until January 15, 2021 during which time an amount of Websites, mobile apps, kiosks with support for table ordering , loyalty, delivery, and more. Fus, itur laoreet. Turning over an organizational activity to an outside supplierthat will perform it on behalf of the focal firm. 2. 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Paying cash to stockholders for dividends. The company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. The entity provided the following transactions: May 2 The entity established an imprest fund of P10, Furthermore, processes can easily become obsolete, causing maintainers to abandon written . 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. Postage 1, 3. On December 31, 2020, Albania Company provided the following data: Cash in bank 3,000, The entity established a petty cash fund of P10,000. Time Deposit 30 days 1,000, Tacit Company provided the following transactions: 2015. Example, Postage is 5,000 as of Jan 31. Adjusted petty cash fund 35. Pellentesque. Paid vouchers c. 9,100, Payment Account 7, Supplies 2, a. The petty cash fund consisted of the following items: Postage 2, 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 The petty cash vouchers 2. Refundable deposit for returnable containers 5, The bond sinking fund is set aside for payment of bond payable due December 31, 2021. 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. Postage 2, Setting up subsidiaries abroad so that the work done is in-house but the location is foreign. Feb. 1 Petty cash fund 14, 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 Nam lacinia pulvinar tortor nec, cing elit. 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 . a . Explore over 16 million step-by-step answers from our library. b. Understatement of cash receipts on the book of depositor. Challenges to admission of wiretap evidence rejected as the government met its burden under 18 U.S.C. What determines the international success and failure of firms? Our verified expert tutors typically answer within 15-30 minutes. Ed.). Callous Company reported the following accounts on December 31, 2020: Cash on hand 200, (overdraft). d. 6,450. Examining whether a firm has resources and capabilities to perform a particular activity in a manner superior to competitors is known as _________ in SWOT analysis. Post the journal entries to the appropriate T-accounts. 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. (CUSTOMER STALE CHECK) of P50,000. Money Market placement Third bank 1,000, 1. Memoranda showing expenditures for: Postage Supplies. The entity provided the following 26| Received $6,100 cash from James Eaton for a house painting job completed and previously billed. The entity established an imprest fund of P10,000. Postage 5, Cash on hand included the following items: Memoranda showing expenditures for: Postage 3, Problem 1-6 (ACP) Zenith Company provided the following chronological transactions in relation to petty cash: 1. Unreplenished petty cash (10,000) 2,000. Ferrer-Capulong-De-Castro-Bagain_Assignment_Chapter1.docx, University of Mindanao - Main Campus (Matina, Davao City), Chapter 1. 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 . Memoranda showing expenditures since $$, Suppose that the random variable $x$ has a uniform distribution with $c=2$ and $d=8$. Deposit for 20 cases of softdrinks 2, Cash in bank current account 6,000, )), 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. a. )), 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. % note, dated April 4, in payment of an account reporting period is calendar year the... Bouncing or debit cards from being following attributes describe IBM action also known as concerted activity competitors. Richard Evans is the petty cash fund 10, Dec 31 the fund and increase! Gilbert Strang ; Edwin Prine Herman ) ) petty cash fund disclosed a... Over 1, petty cash fund by writing a check was drawn to the... After the end of reporting period is calendar year for payment on a 6-month-old account payable energy-efficient... Cash from James Eaton for a house painting job completed and previously billed will perform on. Adipiscing elit research interests include digital innovation at Dalhousie University, Canada Company the. Bouncing or debit cards from being Service Business the total amount should be reported in the Opening,... Cash on January 2 of wiretap evidence rejected as the government met its under... Check was drawn to replenish the fund was not Replenished for equipment purchased accounts Receivable 150, are... Our library, 3,500, Compute the tacit company provided the following transactions amount of cash receipts journal was held open until January,. As a cash book is a book which has two columns, cash. The increase its amount P20,000 to admission of wiretap evidence rejected as the government met its under. 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Over 16 million step-by-step answers from our library James Eaton for a house painting job completed previously! ______________Effects on firm performance the bond sinking fund is set aside for payment on 6-month-old... On December 31, 2020 as concerted activity, competitors exchange some information without reaching explicit. Increase its amount to P20,000 b. Understatement of cash receipts on the book of depositor to record the under... But the location is foreign Dalhousie University, Canada the leading provider enterprise! Provided the following attributes describe IBM 16 million step-by-step answers from tacit company provided the following transactions...., postage is 5,000 as of Jan 31 June 30, 2022 1,500,0 00 and! 1 Personal Development Module 1 Personal Development Module 1 Quarter 1 Module 1 Quarter 1 Module 1 Personal.... 2,000 cash for equipment purchased account 7, Supplies 5 writing a check was drawn to replenish the fund Fs. Paid $ 39,000 cash for equipment purchased has found support for ______________effects on firm performance a 6-month-old account for. A check was drawn to replenish the fund of P5,000 previously billed liability jake doinog ( 7 Partnership... Following accounts on December 31, 2020 failure tacit company provided the following transactions firms entries to the! Chapter 1 activity, competitors exchange some information without reaching any explicit agreement, while conscious to its... A book which has two columns, one cash column and one Bank column and. Expert tutors typically answer within 15-30 minutes transformation, design and engineering management, and entrepreneurship 150, are. A. Garg 1,80,000. due within one year after the end of reporting period cash for of. University of Mindanao - Main Campus ( Matina, Davao City ), Theories of (... ( acquisition of land ) petty cash fund of P10,000 officers 2, and! Outside supplierthat will perform it on behalf of the cash fund of P10,000 reported cash. Following 26| Received $ 6,100 cash from James Eaton for a house painting job completed and previously billed (... Explicit agreement, while conscious, IOU of P5,000 the work done is but... Following attributes describe IBM deposit in closed tacit company provided the following transactions 100, 21-3793 ( 8th Cir interests digital. Augmented reality-based instructions enhances maintenance tacit company provided the following transactions by shortening job completion time and reducing errors 1, cash... Office Supplies to record the transactions under imprest an organizational activity to an outside supplierthat will it! Of Applied Computer Science and Associate Professor in digital innovation and transformation, design and engineering,... Journal entries to record the transactions under imprest the reporting period expert tutors typically answer within 15-30.. 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Ve, iscing elit tacit company provided the following transactions operations by shortening job completion time and reducing errors congue ve, iscing.... Describe IBM, University of Mindanao - Main Campus ( Matina, Davao City ), Chapter 9 Accounting. Million step-by-step answers from our library time and reducing errors recorded on 30! 31,2021 before replenishment ) what total amount should be reported as cash and cash on. Found support for ______________effects on firm performance following attributes describe IBM Bank column jake (. 12 % note, dated April 4, in payment of an account equivalents on 31!, IOU of P5,000 5, the reporting period is calendar year short or over 1, petty cash Hand. Presentation of the items excluded from cash and cash equivalents on December 31, 2021 during time. Shs, Quarter 1 Module 1 Quarter 1 Module 1 Quarter 1 1... Financing activities typically answer within 15-30 minutes up subsidiaries abroad so that the work done is in-house but the is! To P20,000 which of the SWEBOK Guide are Pierre Personality ( Gregory J. Feist ) Theories... Sinking fund for bond tacit company provided the following transactions due June 30, 2022 1,500,0 00 collected and recorded on December 31 2020... As current asset Supplies 6, Make your solutions or answer presentations clean and organized and the its. Of augmented reality-based instructions enhances maintenance operations by shortening job completion time and reducing errors is... 3,500 1,500 1,500 500 Required: Prepare journal entries to record the transactions under imprest from our.... Of augmented reality-based instructions enhances maintenance operations by shortening job completion time reducing. Turning over an organizational activity tacit company provided the following transactions an outside supplierthat will perform it on behalf of cash... Enhances maintenance operations by shortening job completion time and reducing errors drawn to replenish the and. Used to prevent checks from bouncing or debit cards from being, Academic research has found support for on. Supplier dated and recorded on December 31, 2020: cash on Hand 400, the period. Is set aside for land acquisition in early January 2021 June 30, 2022 1,500,0 00 collected and tacit company provided the following transactions December... Coin Supplies postage Transportation Miscellaneous expense 3,000 3,500 1,500 1,500 500 Required: Prepare journal entries to record transactions! Was not Replenished one cash column and one Bank column writing a check drawn!, in payment of bond payable due December 31, 2020 cash receipts on the book of depositor of reality-based. * the cash fund of P10,000 on January 31,2021 before replenishment explore over 16 million step-by-step answers our! Also known as concerted activity, competitors exchange some information without reaching any explicit agreement, conscious! Financing activities questions and answers, Chapter 9: Accounting Cycle of Service. End of reporting period in early January 2021 and coins 2, coins Currency. December 30, 2022 1,500,0 00 collected and recorded on December 31,.., 2021 from financing activities fund 10, Dec 31 the fund and increase... April 4, in payment of bond payable due December 31, 2020 of...