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- What entry is missing from the following Cash t-account? Cash 0 450 1,000 230 1,030 200 300 O Debit of 150 Credit of 150 Debit of 1,150 Credit of 1,150 O None of the above1Which one of the following source documents will be used to make an entry in the debtors journal (a)Original credit note; (b)Original credit invoice; (c)Duplicate credit invoice; d)Duplicate credit note .Q.1.2Which oneof the following transactions,listed below, (a)The business receivesinterest on the bank account; (b)Money received from a debtor making a payment on his/her account; (c)The business donates money to underprivileged children; (d)The business receivesrental money from a tenant. Q.1.3Which journal will the following transaction be entered , “and paid from petty cash, R85 (a)Cashbook Payments; (b)Petty Cash Journal ;(c)Cashbook Payments/Petty cash Journal; (d)GeneralJournal.Please answer asap
- 30.The process of selling a promissory note to a bank at any time before maturity is known as _____ a note. a.discounting b.lending c.maturing d.investingc. Compare the amounts of money that Mitch and Bill deposit into their accounts. Mitch deposits $enter your response here in his account and Bill deposits $enter your response here in his account.Use the steps to calculate the federal income tax. I’m not sure if your able to zoom in but I hope you are.
- 3. You make a deposit of $100 in year 1, $200 in year 3, $500 in year 7. Interest rate is 6%. How much will be accumulated in your account in year 12. Please do not use excel. Include cashflow diagram if possible.1. the cash balance shown in your general ledger is P2,000,000, while the cash balance shown in your bank statement is P800,000. You will likely feel relieved if the reconciling items include... A. a P1,200,000 deposit in transit B. a P1,200,000 outstanding check C. a P1,200,000 debit memo D. a P1,200,000 book error 2. A check correctly written and paid by the bank for P517 is incorrectly recorded on the company's book for P571, what would be the appropriate treatment on the bank reconciliation? A. add P54 to the book balance B. add P54 to the bank balance C.subtract P54 to the book balance D. subtract P54 to the bank balanceYou have 3 accounts: Account A has a $100 balance and a $300 credit limit. Account B has a $100 balance and a $500 credit limit. Account C has a $600 balance and a $1000 credit limit. What are your total balances owed?