Petty Cash Accounting Adjusting Journal Entry?
Question:
Petty cash fund consists of currency and coins - $389, and bureau supplies expense - $458, for a total of $847. The original symmetry in petty dosh is a debit of $900. What is the adjusting review entry that needs to be made?
Answer:
If the vent balance within petty cash be $900 and you spent $458 then the symmetry in petty bread should be $442 but you are left beside only $389. That manner you have spent $53 which you own not accounted for. So the adjustment entry should be :
Miscellaneous Expenses Dr. $53
To, Petty Cash A/c Cr. $53
It is always better to find out the right come first of expenses to be debited. Else Misc expenses can be debit untill the right cause of expenses is found. Once the right come first of expense is found, Misc. expenses can be adjusted by only debiting the right expense cranium and crediting the misc expenses by the same amount.
Hello, if you hold $389. to spend that is it.
Over and above that--not an odds. you would have to stir to accounting and justify the appendage spending and ask for more funds.
If the remaining balance is missing, Debit the Petty Cash Over or Short Account $53 (left side) right beneath your Office Supplies Expense Debit and then Credit Cash for $511. Your two debit (left side entries) will total $511 to balance out your Cash (credit) entry. Your foreign balance for the Petty Cash Account will after show $900, petty cash will be replenished and in theory, your books will balance. When I previewed the message, it didn't look close to it did when I typed out an example, otherwise I'd have shown an example.
If your petty dosh would have be over, then your Petty Cash Over and Short information entry would have be a credit (right side) entry.
Be careful not to bring confused - the proper credit in this example would be to Cash, because you are taking $ out of brass to fund your Petty Cash fund.
How can you report missing workers on stopgap work visas? Those who come over temporarily but own fled?
Question:
I am looking on how one would report either to Imigration services or whoever for intervening H-2B visa workers who have disappeared their jobs and are missing.
Answer:
Try 911
INS Customer Service - 1.800.375.5283
What is the different between total cost and total revenue?
Question:
Answer:
Total cost = all of your costs added together
Total Revenue = adjectives of your revenue streams added together.
Are you serious about this quiz?
a cost is an expense a revenue is a revenue... complete opposites... expense is a debit and revenue is a credit... be more specific and maybe you can enjoy a better answer
a cost is how much it cost to make something you are going to deal in and once you sell it it is a revenue
Here is how we chew over of it at our company. Things that I have to foot for a job to be done: window, installers time, and misc. parts. Minus all costs from the total of the contract price and that would be our revenue.
Cost can be the price charged or the actual cost to do something. For example the price (consumer's cost) of gas may be $2.19 a gallon, but the cost to the capitalist to provide that gallon of gas is much less. Revenue is the amount of money you bill for stock and services, BEFORE expenses.
Revenue minus expenses equals profit.
What is the maximum counterbalance for a communiqu¨¦ near a 39 cent stamp?
Question:
Answer:
one ounce
one ounce domestic (US)
One ounce. Once you go over one ounce, they charge an extra 23 cents for each extramural ounce, or portion of an ounce. If the envelope and stamp weighs 1.5 ounces, you hold to put postage on for 2 ounces.
Go here to calculate postage.
http://www.usps.com/tools/calculateposta...
Actually the rate have gone up. They add 24 cents for respectively additional ounce over one.
one oz. =1 39 cent stamp.
1 oz surrounded by USA only.
I hold a oster carousel rotisserie I am missing the handle/spit where on earth can i attain parts for this?
Question:
i need to know where on earth i can get spare parts from for this item can any one assistance me please
thank you
Answer:
Parts for Oster(R) Indoor Grills (including rotisseries) can be purchased through Oster's service centers. Click on this link to find your nearest service center.
http://www.oster.com/custservice.aspx?co...
Good luck to you.
When you own be told or discovered for yourself, a problem within your livelihood implementation, what own you typically
Question:
Answer:
finish question please...
Can anyone endow with me some information on foreign trade or import and exporting?
Question:
My husband and I plan to open an urban clothing store. He is from The Gambia, West Africa and I am from the U.S.
All of our American freinds and familial want clothing items from Africa. All our African freinds are into the urban hip hop gear.
We connections in Africa, Spain, England and Switzerland. How do we jump about getting started?
Answer:
Every country have laws concerning import and exporting and they determine what is necessary to trade into and out of correct countries as far as the documentation you need to present, every country will vary what the require, you should check with the customs department for respectively country to see what is required. you could also check with a shipping company surrounded by your area they might enjoy that information available so you don't have to do adjectives of the leg work.
Where can I see India's Financial Statements?
Question:
I am wanting to see their financial statements as recently as possible as very well as to be able to compare those numbers near businesses in India as very well.
Answer:
The NIFTY 50 is the Index that is a typical barometer of the Indian
reduction <www.nseindia.com>; and then what & whose financials do you want to see ?
You can step to Bloomberg.com. where you will find frequent reports of the company.
you can visit www.india.nic.within.to get those
How much does e-bay make contained by a sunshine?
Question:
i want to know how much money some companies make surrounded by days or months and if you know more let me know?
Answer:
Well, a couple years ago I remember reading that eBay's annual revenues be over 750 million dollars. After reading your question I be curious to know what they are now. I be absolutely shocked to cram that their annual revenues for 2006 were over 4,552 million dollars.
As for monthly revenues it's estimated that eBay very soon brings in over $380 million respectively month on average. So their monthly revenues are now at tiniest half of what their annual revenues be a few years ago!
Wow, I wish I have bought that stock when they started!
Take care.
If you travel pull up the company's income statement on Yahoo Finance and do some division (divide by 365), you'll know how to figure it out.
EBay made 3,083,942 surrounded by net income per time for 2006.
Revenues per day be 16,355,454 for 2006.
If you think 3 million a year for ebay is alot...the video game World of Warcraft make 4 million a day. (120 million per month contained by subscriptions)
Exxon made 108 million per day surrounded by net profit concluding year.
UHaul's $5 dollar non-refundable charge for reservation practice.?
Question:
Hello,
This is for the all the lawyer out there. I only just went to engender an online reservation for UHaul and it seems they are making consumer take-home pay a $5 dollar non-refundable charge for "regional office handling".
It seem excessive since $5 per reservation can be amount to large sum.
Do you infer this is a rip off? Can they be stopped?
Answer:
I see in your mind`s eye they are getting too many no-show reservations and can't rent the vehicle, tell them you are going elsewhere to facilitate change their policy. Are you sure they don't apply it to the rental, that would seem to be fair, it is faultlessly legal, they are providing a service.
Vote near your wallet, Budget truck is cheaper and better quality. Put the Uhaul crooks out of business.
Call your local UHaul and ask if you you hold to pay that if you do it by phone. This sounds rediculous.
Any one know going on for Bank of Internet USA? is that not dangerous to plain a 12 month disc beside them?
Question:
they have pretty fitting rate for 12 month CD, and lone require $1000 to open one.
I want to sympathetic an account as a schooling fund form my kids ,but I really worry almost the safety . I don't want my money become bubbles when I stipulation it . please tell me more nearly this bank .
https://www.bankofinternet.com/default.a...
thank you ~
Answer:
Internet bank usually have better rates because they own no overhead (branches, etc). The key is to sort sure they are FDIC insured. I have used Netbank past for CDs and was exceedingly satisfied.
http://www.netbank.com
Trying to realize this phone number 1800 686 0570. Where is it located. Not have much luck. Help!?
Question:
Answer:
That 800# belongs to the Texas Dept of Public Safety.
KTRETV , Nacoboches Tx, Outstanding Warrant Collections
If I am looking to unequivocal an up-scale restaurant, should or shouldn't I marketplace towards children?
Question:
Children and an up-scale type setting, in the resturant industry, mostly do not go resourcefully together, but families next to children are the majority of those who frequent restaurants. Do you think I should include menu items for children or not? Thank You.
Answer:
Upscale = Expensive and relations with money to afford expensive restaurants usually hold kids who are well behave, so I say sure move about ahead and provide a children's menu with some upscale items resembling individual gourmet pizzas, pastas, etc. Just no chicken fingers or corn dogs. You don't want to attract chicken finger and corn dog folks.
And I disagree with the previous poster nearly having a seperate menu for the children because I don't drink a lot and I commonly order from the children's menu at restaurants. Restaurant food portions save getting bigger and bigger. I can't eat even partly of a normal entree and I don't want to lug a doggie purse around all hours of darkness.
You should, but have it on a separate menu that lone comes out if there is a child at the table. that mode your couples out for a romantic dinner, I don't like to see a kiddie menu.
No.
Nothing is more upsetting than consumption around screaming kids while their parents ignore them.
How did your supervisor on your most recent errand evaluate your chore rite?
Question:
Answer:
We are evaluated yearly (on our Birthday's). This year I did unbelievably well and get a 1200.00 a year raise for it.
How do I write a formal e-mail?
Question:
I'm Argentinian and need to convey a formal e-mail to an American enterprise. How should I write it? You know, concerning style and that stuff. The point is, the organization I work for is thinking just about creating sort of a Silicon Valley in my city. So we're emailing nation from over there first to consent to us now what it's similar to (advantages/disadvantages and that stuff). Second we'd like to label a trip to LA to meet them and see for ourselves. How should I put it adjectives together? Please write it just close to it should look like, because I don't even know how to initiate. 10 points for the best answer!
Answer:
If you have Microsoft Word you can use the Letter Wizard to relieve you write a formal letter and next copy and paste it into your email. That would be the easiest and the memorandum wizard shows you exactly how to do it.
I'd suggest a real communiqu¨¦. An email like this would probably be culled out by spam filter, even but for I think well brought-up chance it will be overlooked as equivalent to spam