- Bateer Company established a $50 petty cash fund on July 1. On July 30, the fund had $12 cash remaining and petty cash receipts for postage $14, office supplies $10, and delivery expense $15.
Prepare journal entries to establish the fund on July 1 and replenish the fund on July 30.
- Which of the following is not sometimes associated with bonds? A. Debenture. B. Callable. C. Cumulative. D. Convertible
- Which of the following accounts would appear on the balance sheet? A. Depreciation Expense B. Fees Earned C. Accumulated Depreciation D. None of the above
- Revenues, gains, and investments by owners are all increases in net assets. What are the distinctions among them?
