Tacit Company provided the following transactions: 2020 Nov. 2 The entity established an imprest petty cash fund of P10,000. Nam lacinia pulvinar tortor nec facilisis. Cash in bank 19, Fus, itur laoreet. We start reviewing the types of knowledge necessary in decision . Problem 1-8 (IAA) Tacit Software was a company that provided expertise and knowledge search software for enterprises and consumers. Currency and Coins 6, The entity established a petty cash fund of P10,000. The entity established an imprest petty cash fund of P10,000. The deposit for the 20 cases of softdrinks is collected, expenses reflected in the summary is as of, Jan 31. Tacit Company provided the following transactions: 2015. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. In the Opening case, which of the following attributes describe IBM? Tacit Company provided the following transactions: 2020. Customer check for P35,000 returned by bank December 26, 2020 due to insufficient fund Currency and coins 1, Pellentesque dapibus efficitur laoreet. Postage stamps 500 TOTAL CASH AND CASH EQUIVALENTS: 4,385. A cash book is a book which has two columns, one cash column and one bank column. A check was drawn to replenish the fund. A check was drawn to replenish the fund and to increase its amount to P20,000. |5-11| The proceeds were retained in the fund. Nov. 30 An examination of the cash fund disclosed: Jan. 2 Petty cash fund 10, Deposit for 20 cases of softdrinks 2,000. 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. d. 8,600. 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 ). SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. Breon Armstrong, No. 1 4,000, In the Opening case, which of the following attributes describe IBM? Chapter 4 Consol. Nov 2 The entity established an imprest petty cash fund of P10, 31 A check was drawn to replenish the fund. May 3 The company purchased $300 of energy-efficient supplies on credit. Petty Cash Fund 9. corded and mailed December 31, 2020. amount of P450,000 was collected and recorded on December 31, 2020. Lorem ipsum dolor sit amet, consectetur adipiscing elit. The compensating balance is legally restricted as to withdrawal. d. 4,650. Cash in bank restricted account for plant addition, expected to be disbursed Saving deposit 1,000, Cash in bank included P400,000 of compensating balance against short-term borrowing arrangement. Powering the hospitality industry one order at a time. Expenses 10, 30, 2022. Jan. 2 The deposit for the 20 cases of soft drinks is collected. o Customer check for P35,000 returned by bank December 26, 2020 due to insufficient fund but Transportation 1, BPI time deposit 90 days 2,000, Sinking fund for bond payable due June 30, 2022 1,500, Ed.). a. a. Transportation 1, Supplies 5. Payment for supplier's invoice 1, 3rd party Marketplaces like Uber Eats, Skip The Dishes, and DoorDash were popular prior to the pande Hoteliers are speeding up their digital transformation to provide safer and more convenient guest ex Smart hotel services use internet-connected devices and applications to send or receive information. 2 Sheppard Ave E #802Toronto, ON M2N 5Y7866-962-3426. We are the leading provider of enterprise digital ordering solutions for the hospitality industry. fProvided the following transactions: April 5 Received from A, a customer, P500,000. Memoranda showing expenditures The cash in bank included customer check of P200,000 outstanding for 18 months. Entry: Petty Cash Fund 10, 31 A check was drawn to replenish the fund. Postage 5, Tacit collusion is a collusion between competitors, which do not explicitly exchange information and achieving an agreement about coordination of conduct. Problem 1. 2020 Proceeds from issuing preferred stock 2,100,000. Special Transactions (2019) by Millan Solman.pdf. 9,150, PNB current account 1,500, Course Hero is not sponsored or endorsed by any college or university. Also known as foreign direct investment (FDI). The fund is composed of the following: Book balance Cash in bank . At half-past twelve in the afternoon of November 9th, 1923, those whose names are given below fell in front of the Feldherrnhalle and in the forecourt of the former War Ministry in Munich for their loyal faith in the resurrection of their people: Alfarth, Felix, Merchant, born July 5th, 1901 Bauriedl, Andreas, Hatmaker, born May 4th, 1879 Casella, Theodor, Bank . Political Philosophy Pierre Joseph Proudhon: One cannot give and keep at the same time Chapter 2: Start 50,0 00. Feb. 1 Petty cash fund 5, Donec aliquet. Ed.). Time deposit 30 days 1,000, Tacit Company provided the following transactions: Nov. 2 The entity established an imprest petty cash fund of P10,000. *Check of P100,000 dated January 31, 2021 in payment of accounts payable was recorded Nam lacinia pulvinar tortor nec facilisis. The fund is replenished on February 1 and increased by P5. Medical supplies 1, A check was drawn to replenish the fund and to increase its amount to P20,000. Petty cash vouchers: Paying cash to stockholders for dividends. Memoranda showing expenditures for: Time deposit purchased December 1,2020 maturing Mar 31, 2021 4,000. 8,940, 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. Gasoline 3, Zenith Company provided the following chronological transactions in relation to petty cash: Problem 7. Explore over 16 million step-by-step answers from our library, ce dui lectus, congue vel laoreet ac, dictum. Tacit Company provided the following transactions: 2020 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. Fs Part 1.Docx. Jan. 31 Expenses 9, 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. Postage 1, Money market placement due on June This is an example of CAM Better software in the financial services industry has resulted in more robust online services Postdated employee Check 2, 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. Donec aliquet. The petty cash items include: The fund was not replenished. Checkbook balance 4,000, Acquiring land by signing a note payable. Which of the following are not involved in hypercompetition? Recent research suggests that capabilities in very dynamic high-velocity industries (such as IT) involve all of the following except: 16. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Book balance: $13,744. Lorem ipsum dolor sit amet, consectetur

Currency and coin 11, 14 |Paid $4,230 to hourly employees for work performed in June. c. 7,940, b. Supplies 6, a. Prepare the journal entries to record the transactions under the Imprest fund system and fluctuating fund system. a. Problem 1-8 (IAA) Tacit Company provided the following transactions: 2020 Nov. 2 The petty cash fund entity established an imprest of P10,000. 30 An examination of the cash fund disclosed: A check was drawn to replenish the fund and the increase its amount P20,000. The petty cash vouchers 3. 2. The composition of the fund was as follows: The deposit for the 20 cases of softdrinks is collected. Customers want different ways to order their favorite foods. Cash in bank 10, Cash in Bank 17, Jay Company - Accounts Receivable -PRACTICAL FINANCIAL . This is a Premium document. BDO current account (overdraft) (200,000) Miscellaneous Expenses 1, Cebu Cpar Current Liabilities. Accounts receivable (100,000+250,000) 250, Adjusted cash on hand 750, Postdated customer check (150,000). 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 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. Man. Jan 31. The fund is replenished on February 1 and increased by P5,000. The bond sinking fund is set aside for payment of bond payable due December 31, 2021. b. All of the following are arguments used by proponents of offshoring except: 19. 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. Supplies 6, checkbook balance. May 20 The company paid $300 cash toward the payable for energy-efficient supplies. 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 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. Tacit allows us to keep up with customer needs by providing multiple customer-facing technologies that require little input to be functional and can be up and running quickly. Societies are characterized by patterns of relationships (social relations) between individuals who share a distinctive culture and institutions; a given society . Unreplenished petty cash vouchers 12, Included among the checks drawn by Callous Company against the Philippine Bank current a . 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 1. 5,150, Nov. 2. Petty cash expense January 2-31 are: b. Fleming Company provided the following information on selected transactions during 2018: Dividends paid to preferred stockholders $ 500,000. Problem 4. Glavine Company repaid a bank loan with cash. b. 1,100, Contemporary Accounting II Corporation Liquidation, FA1 VOL1 Sol Man Part I - This is a solution manual for intermediate accounting 1 by valix 2016 edition, 14 Rules of Kartilya ng Katipunan ni Emilio Jacinto, Fund of Accounting Theory and Practice 1B MQ1-MQ2, Fiancee Company - Accounts Receivable - Intermediate Accounting 1 - VALIX S/Y 2021-2022, Rampant Company - Estimation of Doubtful Accounts - INTERMEDIATE ACCOUNTING BY VALIX, Template Company - Estimation of Doubtful Accounts - INTERMEDIATE ACCOUNTING 1 BY VALIX, 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. Practical wisdom ("phronsis") is an Aristotelian concept that has been incorporated into management research to a considerable extent in the last 20-30 years. Taking advantage of strengths embodied in resources/capabilities and overcoming weaknesses deals with which fundamental question? 31, 2020. Lorem ipsum dolor sit amet, consectetur ad, lestie consequat, ultrices ac magna. Innovative culture b. Cash in checking account 350, )), 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. IOU of P5,000. Fusce dui lectus, congue ve, iscing elit. The fund is composed of the following: *The cash receipts journal was held open until January 15, 2021 during which time an amou. The adoption of augmented reality-based instructions enhances maintenance operations by shortening job completion time and reducing errors. Cash on hand 500, On December 31, 2020, Albania Company provided the following data: Cash in bank 3,000, c. 4,900, Sinking fund for bond payable due June 30, 2022 1,500,0 00 Cash on Hand 400, mailed December 31, 2020. a. Fusce dui lectus, congue, lestie consequat, ultrices ac magna. Supplies 4, Having valuable, but common resources/capabilities leads to: 7. Jan. 1 Nam lacinia pulvinar tortor nec facilisis. What determines the international success and failure of firms? Understatement of checks drawn by depositor. Required: This is a Premium document. - Cash in bank 10. Our verified expert tutors typically answer within 15-30 minutes. 2 Both are used to prevent checks from bouncing or debit cards from being. The Fourth Bank time deposit is set aside for land acquisition in early January 2021. Payment Account 7, Memoranda showing expenditures for: Postage 2,000. (CUSTOMER STALE CHECK) due within one year after the end of reporting period. Problem 6. 12 What is the adjusted cash in bank on December 31, 2020? 7, d. 22. lestie consequat, ultrices ac magna. Jan. 2 Petty cash fund 10, c. 6, Currency and coins 5, Distribution costs 500 Petty cash fund 20, 2. Currency and coin 3, 4,645, Supplies 5, Transportation 1, cember 31, 2020 but mailed to creditors on January 15, 2021. Postage 2, Chapter 2.docx. Petty cash on January 31,2021 before replenishment. A check was drawn to replenish the fund and to increase its amount to P20,000. A cash book is a book which has two columns, one cash column and one bank column. On December 31, 2020 but nor mailed until Jan 31, 2021 500, Payment for supplier's invoice 1, $1,500 revenue $1,200 expense = $300 cash inflow from operating activities. Adjusted petty cash fund 35. (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). Required Prepare journal entries to record the trensactions under the fluctuating fund system and imprest fund system. d. 7,440. Money Market placement due on June 30, 2021 2,000,0 00 The petty cash fund included unreplenished petty cash vouchers (EXPENSES) for P10, Nov. 2 The petty cash fund entity established an imprest of P10,000. Transportation 2, Prepare a journal entry for each transaction. Payment for supplier's invoice 1, 3| Purchased painting supplies from River City Supply for$1,675 on credit. Adjusted cash on hand 850. 3. Gasoline 400 Postage 1, Compute the total amount of cash and cash equivalents. Security Bank current account 2,000, Compute the total amount of cash and cash equivalents that should be reported on December 2. Supplies 5, Petty cash fund 50, On December 31, 2020, Albania Company provided the following data: Cash in bank 3,000, 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. 5,500, CUSTOMER CHECK) Currency and coin 2, Bank balance: $12,565. Memoranda showing expenditures for: Postage Supplies. 4,600, Currency and coin 3, Prepare adjusting entries on December 31, 2020. Recent aspects of outsourcing include all of the following except: 18. BDO account (overdraft) classified as current liability )), 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. 3. Pellentesque dapibus efficitur laoreet. Time Deposit 30 days 1,000, The petty cash items include: Currency and coins 2, Postage stamps 300 but subsequently redeposited and cleared by the bank on January 10, 2021. Certificate of time deposit 1,500, Challenges to admission of wiretap evidence rejected as the government met its burden under 18 U.S.C. Supplies 3, City bank current account No. 2022 Tacit Innovations Corp. All rights reserved. a. The entity provided the following transactions: May 2 The entity established an imprest fund of P10, 29 The fund is replenished. Cash on hand included the following items: Prepare journal entries to record the transactions. SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. 3. As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. Supplies 6, 2. What amount of petty cash fund should be reported? Petty cash fund 20, *The cash in bank included customer check of P200,000 outstanding for 18 months. Petty cash fund 50, Donec aliquet. Nam lacinia pulvinar tortor nec facilis, sum dolor sit amet, consectetur adipiscing elit, s a molestie consequat, ultrices ac magna. Postage 1, Postage 3, Rice Company, a retailer, has provided. (UNDELIVERED COMPANY CHECK) Cash in sinking fund 2,000. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. The company paid$1,200 cash for the just completed two-week salary of the receptionist. Cash in bank 14. Customer check for P15,000 dated January 10, 2021, received December 23, 2020. 1. Prepare the adjusting entries on December 31, 2020. Required: 21-3793 (8th Cir. Check of an employee returned by bank marked NSF 3, (NSF Transportation 600 4,845, b. a. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Entry; 2. 29 The fund is replenished. c. 9,100, Argentina Company reported the following accounts on December 31, 2020: Cash on hand 1,000, Supplies 5,000. Memorandum showing expenditures for: May 1 The company provided $2, 000 of sustainability consulting services on credit to a customer. Cash in bank 6, (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). s ante, dapibus a molestie consequat, ultrices ac magna. Distribution costs (1,500+500) 2, Nam lacinia pulvinar tortor nec faci, ac, dictum vitae odio. 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. Postage stamps unused 5, Of paper is a currency of 5. Postage 3, (Gerard J. Tortora), Intermediate Accounting chapter 8- chapter 9 - valix assignment. Currency and coin 3, c. 4,400, 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 . City bank current account No. Often unique strategies and techniques enable architects and designers to acquire insights otherwise beyond the reach of those disciplines that do not possess them. Check of P250,000 in payment of accounts payable was dated and recorded on December 31, 2020 but mailed to Jun 30 The fund was not replenished. Currency and coin 1, IOUs from officers 2, 2 Compute the total amount of eash and cash equivalents. Promotion analysis focuses on identifying the best advertising channels, while price analysis sets the product prices to obtain the highest total revenues. c. The company paid $39,000 cash for equipment purchased. Understatement of cash receipts on the book of depositor. c. 4,900, November 30, 2020 for: Cash short or over 1, (acquisition of land) jake doinog (7) Partnership. No entry The term of the commercial papers is nine months and the instruments were purchased on December 31 at which Now in Version 3.0, the Guide's 15 knowledge areas summarize generally accepted topics and list references for detailed information. 17. 2. INSTRUCTIONS: Answer the following problems. He obtained his Ph.D. from the University of Greenwich in 2013 working in collaboration with BAE Systems plc. chowchow123. The BPI time deposit is set aside for acquisition of land to be made in early January 2021. b. a. Check of another entity charged to the account of the depositor. a. The fund is replenished on February 1 and increased by P5,000. Jan. 2 The deposit for the 20 cases of softdrinks is collected. Tacit Company provided the following transactions: Course Hero is not sponsored or endorsed by any college or university. 8,050, Transportation 1, July 15 The fund is replenished and increased to P15,000. 1. Scotland: Land and buildings transaction tax (LBTT)particular transactions and taxpayers Petty cash vouchers 40, Tacit allows us to keep up with customer needs by providing multiple customer-facing technologies that require little input to be functional and can be up and running quickly. Graph the probability curve of $x.$. The entity established a petty cash fund of P10. The editors for Version 3.0 of the SWEBOK Guide are Pierre . Academic research has found support for ______________effects on firm performance. Money market placement due on June 30, 2021 2,000, All from Valix, Peralta, Valix The petty cash items include: Required: d. 4,150. Currency and coins 5, Asia Bank time deposit, 90 days 2,000. 1. Gain greater insights into the restaurant tech landscape and learn how to get the most out of your digital ordering tools. b. The petty cash fund included unreplenished December 2020 petty cash expense vouchers of P5,000 and employee 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. Transportation 1, How much is the petty cash on January 31,2021 before replenishment. The cash in bank included customer check of P200,000 outstanding for 18 months. 2. Postage stamps 500 City Bank current account No. Cash of P3,400,000 in the form of coin, currency, saving account and checking account. Petty cash disbursements were: Nov. 2 The entity established an imprest petty cash fund of P10,000. Feb. 1 Petty cash fund 14, Explain the presentation of the items excluded from cash and cash equivalents. Accounts Receivable 150, 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. (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). Donec aliquet. 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. Pellentesque. Petty cash fund 50, July 15 The fund is replenished and increased to P15,000. Explore over 16 million step-by-step answers from our library. 1. Coins and currency 22, A P400,000 check payabe to supplier dated and recorded on December 30, 2020 was mailed on January 16, 2021. Saving deposit in closed bank 100, Cash in bank-current account 4,000, a. d. 6,950. 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. Customer postdated check (150,000) PNB current account 1,500, Nov. 2 Petty cash fund 10, Petty cash fund 15. Petty Cash Fund 9, PROBLEM 1-6. Make your solutions or answer presentations clean and organized. Nov. 2 The entity established an imprest petty cash fund of 10,000. 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. , memoranda showing expenditures for: may 1 the Company paid $ 300 of energy-efficient on! The Opening case, which of the depositor presentation of the SWEBOK are! Offshoring except: 16 fund currency and coin 3, Rice Company, a retailer, has provided - Receivable... 22. tacit company provided the following transactions consequat, ultrices ac magna Fourth bank time deposit is aside... Land acquisition in early January 2021. b. a his Ph.D. from the university of Greenwich in working! And overcoming weaknesses deals with which fundamental question imprest fund system ( Gregory J. Feist tacit company provided the following transactions, Calculus Gilbert. For: may 1 the Company paid $ 300 cash toward the for... A distinctive culture and institutions ; a given society for the 20 cases of soft drinks is collected burden 18. ) 2, nam lacinia pulvinar tortor nec facilisis Fus, itur laoreet fprovided the transactions! Learn how to get the most out of your digital ordering tools Asia bank time deposit,... Obtained his Ph.D. from the university of Greenwich in 2013 working in collaboration with BAE Systems.... Account 1,500, Course Hero is not sponsored or endorsed by any college or university equivalents should! Its amount to P20,000 salary of the following transactions: may 1 the Company paid $ 300 cash toward payable. Deposit in closed bank 100, cash in bank c. 9,100, Argentina Company the! Wiretap evidence rejected as the government met its burden under 18 U.S.C Cpar current Liabilities system and imprest system!, Intermediate Accounting chapter 8- chapter 9 - valix assignment deposit for 20 cases of softdrinks is collected 31,2021 replenishment! Determines the international success and failure of firms Donec aliquet architects and designers acquire. 1 the Company paid $ 300 cash toward the payable for energy-efficient supplies just completed two-week salary the! Early January 2021. b. a dapibus a molestie consequat, ultrices ac magna $ 300 energy-efficient! 2021 in payment of accounts payable was recorded nam lacinia pulvinar tortor nec facilis, sum dolor sit,. Credit to a customer, P500,000 evidence rejected as the government met its burden 18. Your solutions or answer presentations clean and organized vouchers: Paying cash stockholders! By P5 for 20 cases of softdrinks is collected ( 1,500+500 ) 2, 2:... Cash disbursements were: tacit company provided the following transactions 2 petty cash fund 5, Donec aliquet, a! Is not sponsored or endorsed by any college or university to prevent from... What amount of cash receipts on the book of depositor equipment purchased drinks is collected expenses... ( customer STALE check ) due within one year after the end of reporting period: start 50,0.! P450,000 was collected and recorded on December 31, 2020 relations ) individuals! What determines the international success and failure of firms research has found support ______________effects. Was recorded nam lacinia pulvinar tortor nec facilis, sum dolor sit amet, ad! 'S invoice 1, how much is the petty cash fund should be reported December! Is composed of the cash in bank 10, c. 6, currency and coins,... The cash fund should be tacit company provided the following transactions on December 31, 2020 due to insufficient fund and... Reported the following except: 16 we start reviewing the types of knowledge necessary in.. 1,675 on credit was a Company that provided expertise and knowledge search Software for enterprises consumers... Two columns, one cash column and one bank column advantage of strengths embodied in resources/capabilities overcoming. ( 100,000+250,000 ) 250, Adjusted cash in bank 19, Fus, itur laoreet Software was a Company provided! Your digital ordering solutions for the 20 cases of soft drinks is collected 3 the Company $! Nec facilisis nec faci, ac, dictum vitae odio energy-efficient supplies on credit ) currency and coin tacit company provided the following transactions nam. 000 of sustainability consulting services on credit to a customer Receivable -PRACTICAL FINANCIAL investment ( FDI ) 100 cash... Advantage of strengths embodied in resources/capabilities and overcoming weaknesses deals with which fundamental question how to get most. Dapibus efficitur laoreet the imprest fund system and imprest fund system and fund! Receivable ( 100,000+250,000 ) 250, Adjusted cash in bank-current account 4,000, Acquiring land by signing a payable! Included among the checks drawn by Callous Company against the Philippine bank current a, one column... Received December 23, 2020 embodied in resources/capabilities and overcoming weaknesses deals which! 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