Fresh Foods established a petty cash fund of $100 on January 2 . On January 31 , the fund contained cash of $9.20 and vouchers for the following cash payments: The three distinct accounting events affecting the petty cash fund for the period were (1) establishment of the fund (2) reimbursements made to employees, and (3) recognition of expenses and replenishment of the fund. Required a. Show each of the three events in a horizontal statements model like the following one. (In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or a financing activity (FA). Use NA to indicate that an account was not affected by the event. Enter any decreases to account balances with a minus sign. Round your final answers to 2 decimal places.)
Other questions asked by students
Do bacteria and archaea have introns and pseudogenes? Or just eukaryotes?
What sociological concepts or ideas are presented in the film City of God? Mention the authors.
A large tank filled with a liquid whose density is 1100 kg m 3 is...
The United Nations claims India will overtake China as the world's most populous country within...
Kyla bought a raffle ticket at a charity event. Five raffle ticket winners are chosen...
Find the length and width (in feet) of a rectangle that has the given area...
How many months will it take to save $5000 by making deposits of $80 at...
Problem 5-6 Nash Inc. had the following balance sheet at December 31, 2016 NASH INC....
With consignment sales, at the time of the sale to a third party: t he...