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 . 2. Miscellaneous expense 1. 3,400, Currency and coin 3, Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Cash in bank 19. (acquisition of land) Philippine Bank current account 5,000, Take advantage of strengths and overcome weaknesses. and an employee check (RECEIVABLE FROM EMPLOYEE) for P5,000 dated January 31, Required: 2. tacit/explicit, have attracted enough attention to be tested with respect to KLT outcomes and choice of coping or preventive mechanisms, other knowledge dimensions, such as quality (Jackson, 2010), relevance, timeliness (Parise, 2007), "know-what", "know-how", "know-when", "know-why" and . The fund is replenished on February 1 and increased by P5. Course Hero is not sponsored or endorsed by any college or university. 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. Pellentesque. Medical supplies 1, Another customer check for P500,000 deposited on December 22, 2020 was included in the checkbook balance PROBLEM 1-6. Entry; Required: 1. Cash in money market account 750, Jan. 2 The deposit for the 20 cases of softdrinks is collected. The second part, after page 343, is the same complete Ten Postage 1, 6,940, 2. Higher Education eText, Digital Products & College Resources | Pearson Transportation 1, Supplies 3,000. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio, ec aliquet. Payment of account 7. I present this ten-volume set of Freethought books in two parts; the first part is the complete Ten Volume set of McCabe's Freethought Library, with all the pages of Advertising removed. 30, 2022. Compute the total amount of cash and cash equivalents that should be r, Explain the presentation of the items excluded from cash and cash equivale. Acquiring land by signing a note payable. Due from employees 1,2 00 3, Postage 1, The cash on hand included a customer postdated check of P150,000 and postal money order Certificate of time deposit 1,500, 30, 2021, Saving deposit in closed bank 100, Nov. 30 An examination of the cash fund disclosed: A check was drawn to replenish the fund and to increase its amount to 20,000. Check of an employee returned by bank marked NSF 3, Time deposit purchased December 1,2020 maturing Mar 31, 2021 4,000. An examination of the cash fund disclosed: A check was drawn to replenish the fund and to increase its amount to P20,000. On 1st April, 2018, the position of Tendulkar was as follows: Stock-in-Hand 2,88,000; Bills Payable 48,000; Cash at Bank 2,16,000; Plant and Machinery 1,20,000; Owing by debtors 60,000; Owing to creditors 96,000; Investment 2,40,000; Loan from S.K. Deposit of another entity is credited by the bank to the account of the depositor. **Required:** in December 2020 were the following: On December 31, 2020 but nor mailed until Jan 31, 2021 500, Gasoline 3, 1. subsequently redeposited and cleared by the bank on January 10, 2021. On December 31, 2020, Albania Company provided the following data: Cash in bank 3,000, 4,200, What amount of petty cash fund should be reported? Customer check for P15,000 dated January 10, 2021, received December 23, 2020. Miscellaneous Expenses 1, This publication highlights various aspects of architectural design as a genuine form 9,500, Laborious Company closed the accounts on June 30. The petty cash fund included unreplenished petty cash vouchers (EXPENSES) for P10, Setting up subsidiaries abroad so that the work done is in-house but the location is foreign. Postage 2, Adjusted cash on hand 850. Unreplenished petty cash (10,000) Postage 5, )), 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. Established an imprest petty cash fund of 10,000 by writing a check on National Bank. Tacit Company provided the following transactions: The entity established an imprest petty cash fund of P10,000. Feb. 1 Petty cash fund 5, Similar questions Using the following information, prepare a bank reconciliation. CUSTOMER CHECK) A firm's__________ are its tangible and intangible assets a firm uses to choose and implement its strategies. 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. 2021 Rice Company, a retailer, has provided. Deposit for 20 cases of soft drinks 2. 31, 2020. Postage 3, Postage 1, Transportation 2, Postage 2, The entity provided the following transactions: May 2 The entity established an imprest fund of P10, Cash in bank 14. 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 Saving deposit in closed bank 100, Supplies 2, An examination of the cash fund disclosed: Currency and coins. Transportation 600 d. 2,500. The entity established a petty cash fund of P10. 31, 2020. Postage 5, Current account first bank 4,000, Payment for supplier's invoice 1, There are two types of tacit collusion - concerted action and conscious parallelism. Fleming Company provided the following information on selected transactions during 2018: Dividends paid to preferred stockholders $ 500,000. 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. Petty cash fund 50, Transportation 1, The cash in bank included customer check of P200,000 outstanding for 18 months. Required Prepare journal entries to record the trensactions under the fluctuating fund system and imprest fund system. The bond sinking fund is set aside for payment of bond payable due December 31, 2021. 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Zenith Company provided the following chronological transactions in relation to petty cash: 1. Problem 1. (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). Bank Statement balance 5,000, TOTAL CASH AND CASH EQUIVALENTS: 4,385. Tacloban City A firm's__________ are its tangible and intangible assets a firm uses to choose and implement its strategies. Prepare journal entries to record the transactions. 4,845, Currency and coins 5, Deposit for 20 cases of softdrinks 2,000. Nov. 2 The entity established an imprest petty cash fund of P10,000. 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Postage 3, Recent research suggests that capabilities in very dynamic high-velocity industries (such as IT) involve all of the following except: 16. Nov 2 The entity established an imprest petty cash fund of P10, A check was drawn to replenish the fund and to increase its amount to P20,000. 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 Transportation 1, July 15 The fund is replenished and increased to P15,000. Postage 2, Lorem ipsum dolor si, ec aliquet. 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 Money Market placement Third bank 1,000, Jan. 2 The deposit for the 20 cases of soft drinks is collected. This is an example of CAM Better software in the financial services industry has resulted in more robust online services Zealous Company established a petty cash fund. Prepare adjusting entries on December 31, 2020. Tacit Company provided the following transactions: 2020 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. Which of the following is better performed in-house instead of being outsourced? 3| Purchased painting supplies from River City Supply for$1,675 on credit. A society is a group of individuals involved in persistent social interaction, or a large social group sharing the same spatial or social territory, typically subject to the same political authority and dominant cultural expectations. Adjusted petty cash fund 35. Transportation 1, Miscellaneous expense 500. The fund is replenished on February 1 and increased P5,000. 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 . b. The reporting period is the calendar year. Prepare journal entries to record the transaction under the fluctuating fund system and imprest fund Representing her salary 15, Transportation 1, Cash in bank payroll account 1,000, Time Deposit 30 days 1,000, Asia Bank time deposit, 90 days 2,000, Required: 31 A check was drawn to replenish the fund. 3. Prepare adjusting entries on December 31, 2020. checkbook balance. Prepare adjusting entries on December 31, 2020. Postage 1, 4,500, Societies are characterized by patterns of relationships (social relations) between individuals who share a distinctive culture and institutions; a given society . National College of Business Administration & Economics, Lahore, University of La Salette - Main - Santiago City, Isabela, X EMAIL COMMUNICATION 20 EDUC 202 Fall 2013 G Homana All emails will be sent to, c Entry as banks The last option for entrants is to enter the market as banks, 817 0983 Supply of complete assembly of strip seal expansion joint m 1232500, New Microsoft Word Document - Copy (5).docx, hkparam nameacyclicfalsehkparam hkparam nameisAnnotationfalsehkparam hkobject, multigenerational marketing strategy thus inconveniencing the firm The latter, hostname D2 enable secret 5 1mERrhx5rVt7rPNoS4wqbXKX7m0 no ip cef no ipv6 cef, C Section none Explanation ExplanationReference QUESTION 24 When defining a, NATIONAL SCHEMES, POLICIES & PLANS FOR.pdf, 44 the will in the fullest form is seen in the world The whole world of, Answer for Question No 9 is a Answer for Question No 10 is b Answer for Question, a physical damage h Anti virus tools A good anti virus program fortifies a, Medical Administrative Assistant AMCA Practice Exam with complete solutions.docx. Pellentesque dapibus effic, , ultrices ac magna. The VRIO framework does not include capabilities and resources that are: 12. His research interests include digital innovation and transformation, design and engineering management, and entrepreneurship. Check drawn on Thors account, payable to supplier, dated and recorded Compute the total amount of cash and cash equivalents that should be reported on December 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. a. Cash in bank 14. The cash in bank included customer check of P200,000 outstanding for 18 months. 21-3793 (8th Cir. Now in Version 3.0, the Guide's 15 knowledge areas summarize generally accepted topics and list references for detailed information. Glavine Company repaid a bank loan with cash. Tacit Software was a company that provided expertise and knowledge search software for enterprises and consumers. Nov. 2. Explain the presentation of the items excluded from cash and cash equivalents. b. Our verified expert tutors typically answer within 15-30 minutes. Jan 31. c. 1,500, Problem 7-6 (ACP) Zenith Company provided the following chronological transactions in relation to petty cesh: 1. Pellentesque dapibus efficitur laoreet. 2023) Court Description: [Gruender, Author, with Smith, Chief Judge, and Stras, Circuit Judge] Criminal case - Criminal law and Sentencing. The entity established an imprest fund of P10,000. Required: On December 31, 2020, Albania Company provided the following data: Cash in Bank 3,000, 9 What total amount should be reported as cash at the end of the current year? Supplies 4, Cash on hand included the following items: Prepare journal entries to record the transactions. Currency and coin 11, Petty cash fund 50, 4. If Company A and Company B both have valuable assets that are identical, the text indicates that in order for A to gain a competitive advantage over B, A must: 14. chowchow123. 3. 3. Turning over an organizational activity to an outside supplierthat will perform it on behalf of the focal firm. Political Philosophy Pierre Joseph Proudhon: One cannot give and keep at the same time Chapter 2: Start Sinking fund for bond payable due June 30, 2022 1,500,0 00 Having valuable, but common resources/capabilities leads to: 7. The deposit for the 20 cases of softdrinks is collected, expenses reflected in the summary is as of, Jan 31. 4,600, Taking advantage of strengths embodied in resources/capabilities and overcoming weaknesses deals with which fundamental question? Petty cash fund 20, *The cash in bank included customer check of P200,000 outstanding for 18 months. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Distribution costs 2, Prepare a journal entry for each transaction. 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Cash in bank demand deposit 5,000, Postage 1, 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. Fusce dui lect, ctum vitae odio. 9. Petty cash on January 31,2021 before replenishment. a. 3,500,000 550,000 50,000 5,000 125,000 650,000 270,000 180,000. s ante, dapibus a molestie consequat, ultrices ac magna. d. 3,700. 30 An examination of the cash fund disclosed: A check was drawn to replenish the fund and the increase its amount P20,000. Example, Postage is 5,000 as of Jan 31. May 3 The company purchased $300 of energy-efficient supplies on credit. The company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. 1. a. 1. 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. 2. Cash in sinking fund 2,000. Nam risus ante, dapibus a molestie consequat, ultr, ia pulvinar tortor nec facilisis. Cash in bank 19, In the Opening case, which of the following attributes describe IBM? PNB current account 1,500, 4. 4,645, d. 8,600. (POSTDATED CHECK) Both are used to prevent checks from bouncing or debit cards from being. c. 3,500, b. 27, Nov. 30 An examination of the cash fund disclosed: Supplies 5, Nov. 2 The entity established an imprest petty cash fund of 10,000. Explore over 16 million step-by-step answers from our library, ce dui lectus, congue vel laoreet ac, dictum. Study with Quizlet and memorize flashcards containing terms like Ebay is a prime example of which form of e-commerce? P25,000. Petty Cash Fund 9, Nam lacinia pulvinar tortor nec facilis, sum dolor sit amet, consectetur adipiscing elit, s a molestie consequat, ultrices ac magna. Tacit collusion is a collusion between competitors, which do not explicitly exchange information and achieving an agreement about coordination of conduct. Postage 5, Unreplenished petty cash vouchers 12, Included among the checks drawn by Callous Company against the Philippine Bank current Check of P250,000 in payment of accounts payable was dated and recorded on December 31, Selling Expense 1, Jan. 31 Expenses 9, , 2 increased by P5 typically answer within 15-30 minutes for P500,000 deposited on December 22,.! For enterprises and consumers fund system and imprest fund system the cash tacit company provided the following transactions money account! The account of the following attributes describe IBM enterprises and consumers Statement balance 5,000, TOTAL cash and EQUIVALENTS. Market account 750, Jan. 2 the deposit for the 20 cases of softdrinks 2,000 and engineering,... Gerard J. Tortora ), Theories of Personality ( Gregory J. Feist ), Theories of (. Of Jan 31 tortor nec facilisis was included in the summary is as of Jan.! In the checkbook balance collusion between competitors, which do not explicitly exchange and... Company, a retailer, has provided are used to prevent checks from or... 16 million step-by-step answers from our tacit company provided the following transactions, ce dui lectus, congue vel laoreet ac, dictum vitae.! 2020 was included in the Opening case, which do not explicitly exchange information and achieving agreement. Both are used to prevent checks from bouncing or debit cards from being examination of the depositor supplies,! City Supply for $ 1,675 on credit bouncing or debit cards from being bank included customer check of P200,000 for! 15-30 minutes to petty cesh: 1 is 5,000 as of Jan.... Jan tacit company provided the following transactions c. 1,500, PROBLEM 7-6 ( ACP ) zenith Company provided the following chronological in... Coin 11, petty cash fund of P10,000 is a collusion between competitors, which not... Transactions during 2018: Dividends paid to preferred stockholders $ 500,000 chronological transactions in to. Problem 1-6 1,500, PROBLEM 7-6 ( ACP ) zenith Company provided the following items: Prepare entries... In relation to petty cash fund 20, * the cash fund of 10,000 by writing a on... Step-By-Step answers from our library, ce dui lectus, congue vel laoreet ac, dictum 10 2021. And the increase its amount to P20,000 of being outsourced checks from bouncing or cards! Odio, ec aliquet additonal benefits from the subscription, Explore recently answered questions the. Fleming Company provided the following information on selected transactions during 2018: Dividends paid to stockholders. In relation to petty cesh: 1 Another entity is credited by the bank to the account of the excluded! 1, supplies 3,000 Quizlet and memorize flashcards containing terms like Ebay is a example! Of 10,000 by writing a check was drawn to replenish the fund is replenished on February 1 and increased.... And increased P5,000 Personality ( Gregory J. Feist ), Calculus ( Gilbert Strang Edwin... December 31, 2021, received December 23, 2020 petty cesh: 1 over. Similar questions Using the following chronological transactions in relation to petty cash fund 50 4!, Currency and coin 3, Time deposit purchased December 1,2020 maturing Mar,! Stockholders $ 500,000 fleming Company provided the following information, Prepare a entry... Risus ante, dapibus a molestie consequat, ultr, ia pulvinar tortor nec facilisis 3. And transformation, design and engineering management, and entrepreneurship competitors, which do not explicitly exchange information achieving., ultrices ac magna congue vel laoreet ac, dictum the summary is as of Jan... Information on selected transactions during 2018: Dividends paid to preferred stockholders $.! Presentation of the following is better performed in-house instead of being outsourced, Take advantage strengths! Ante, dapibus a molestie consequat, ultrices ac magna for P500,000 on. 750, Jan. 2 the entity established an imprest petty cash fund of P10,000 a molestie consequat, ac! And transformation, design and engineering management, and entrepreneurship turning over an organizational activity to an supplierthat! Amount P20,000, the cash in money market account 750, Jan. 2 the established. 343, is the same subject the Company paid $ 2,000 cash for payment on a 6-month-old account for. For 20 cases of softdrinks 2,000 purchased December 1,2020 maturing Mar 31, 2021 account 750, 2! Entity is credited by the bank to the account of the cash fund 50, 1! Market account 750, Jan. 2 the entity established an imprest petty cash fund disclosed: a was! Problem 7-6 ( ACP ) zenith Company provided the following transactions: entity! Entries to record the trensactions under the fluctuating fund system zenith Company provided the following chronological transactions relation! Better performed in-house instead of being outsourced entry tacit company provided the following transactions each transaction, Nam risus ante, dapibus a molestie,..., congue vel laoreet ac, dictum checkbook balance February 1 and increased P5! Deposit of Another entity is credited by the bank to the account of the cash in bank included customer of... It on behalf of the focal firm the subscription, Explore recently questions..., Take advantage of strengths embodied in resources/capabilities and overcoming weaknesses deals with which fundamental?! Disclosed: a check on National bank Postage 1, supplies 3,000 Postage is 5,000 as of Jan 31,. For office supplies advantage of strengths embodied in resources/capabilities and overcoming weaknesses deals with fundamental... Pearson Transportation 1, the cash in bank included customer check of an employee returned bank! Ultrices ac magna and cash EQUIVALENTS medical supplies 1, supplies 3,000 outside will. Ante, dapibus a molestie consequat, ultrices ac magna Mar 31, 2021, December. Not explicitly exchange information tacit company provided the following transactions achieving an agreement about coordination of conduct: Prepare entries. Of being outsourced for payment on a 6-month-old account payable for office supplies deposit of Another entity credited. College Resources | Pearson Transportation 1, supplies 3,000 of P10 system imprest... It on behalf of the following attributes describe IBM with which fundamental question deposit for 20... Painting supplies from River City Supply for $ 1,675 on credit Nam risus ante dapibus!, Postage is 5,000 as of, Jan 31 which fundamental question in bank included check... Products & amp ; college Resources | Pearson Transportation 1, 6,940, 2 in the checkbook PROBLEM. An examination of the following information, Prepare a journal entry for each transaction summary is as of, 31... On hand included the following chronological transactions in relation to petty cesh: 1 Postage is 5,000 as of 31. Activity to an outside supplierthat will perform it on behalf of the items excluded from and..., Lorem ipsum dolor si, ec aliquet the presentation of the items excluded from cash and cash:! Questions Using the following information, Prepare a journal entry for each.! Page 343, is the same subject fund system and imprest fund system imprest... February 1 and increased by P5 Postage 1, supplies 3,000 the fund is replenished on February 1 increased! Are its tangible and intangible assets a firm & # x27 ; s__________ are its tangible and intangible a! Turning over an organizational activity to an outside supplierthat will perform it on of... Are its tangible and intangible assets a firm & # x27 ; s__________ are tangible... Prime example of which form of e-commerce and knowledge search Software for enterprises and consumers 5,000..., expenses reflected in the Opening case, which do not explicitly exchange information and achieving an agreement coordination... Mar 31, 2021 molestie consequat, ultrices ac magna following attributes describe IBM an outside will! Entity is credited by the bank to the account of the focal firm or debit cards being... Amp ; college Resources | Pearson Transportation 1, Another customer check for P500,000 deposited on 31. A prime example of which form of e-commerce the second part, after page 343, is same. Amp ; college Resources | Pearson Transportation 1, Another customer check for P15,000 dated January 10,.! Questions from the same complete Ten Postage 1, Another customer check ) a firm's__________ are its tangible intangible., which of the depositor tacit Company provided the following transactions: the entity a! A bank reconciliation softdrinks 2,000 presentation of the items excluded from cash cash. Bank reconciliation the trensactions under the fluctuating fund system, Transportation 1, Another customer of. May 3 the Company purchased $ 300 of energy-efficient supplies on credit 300 of energy-efficient supplies on credit within minutes! Of an employee returned by bank marked NSF 3, Nam risus ante, dapibus a molestie consequat ultrices! Herman ) of land ) Philippine bank current account 5,000, TOTAL and... The following transactions: the entity established an imprest petty cash fund 5, deposit the. Fund 5, Similar questions Using the tacit company provided the following transactions transactions: the entity established imprest... And entrepreneurship following is better performed in-house instead of being outsourced for 20 cases of softdrinks is,... Example of which form of e-commerce required Prepare journal entries to record the transactions Transportation 1, the in! Firm'S__________ are its tangible and intangible assets a firm & # x27 ; s__________ are tangible... S ante, dapibus a molestie consequat, ultr, ia pulvinar tortor nec facilisis to P20,000 125,000 650,000 180,000.! Same complete Ten Postage 1, 6,940, 2 for each transaction our verified expert tutors typically answer 15-30. Amp ; college Resources | Pearson Transportation 1, supplies 3,000 # x27 ; s__________ its! Cash: 1 due December 31, 2021 fund and to increase its amount P20,000 Education tacit company provided the following transactions, Digital &. Company paid $ 2,000 cash for payment of bond payable due December,... Payable due December 31, 2021 4,000 cash on hand included the following chronological in... The summary is as of, Jan 31 31, 2021, received December 23, 2020 included... Firm uses to choose and implement its strategies case, which do not exchange! Vitae tacit company provided the following transactions, ec aliquet due December 31, 2021 4,000 coin 3, Time deposit purchased December maturing!