The following items are wise to keep in a safety deposit box or fireproof home safe: (select all that apply) birth, marriage, and death certificates O receipts for small, non-tax-deductible purchases ) titles and deeds expired warranties

Q: Describe about petty cash fund.

A:

Q: Which of the following is most correct? Multiple Choice

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Q: The control procedure of cancelling the documents in a voucher package (invoices and goods receipt…

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Q: the following is an alternative method of recording and keeping receipt of goods? Electronic…

A: Alternative Methods of Recording the Receipt of Goods  are many types.

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Q: Write a note on cash discounts.

A:

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A: Several options have been given to fund the Spruce Account. We have to find the correct answer.

Q: 1. Prepare journal entries where required. TIP: Remember that petty cash journal entries are…

A: Petty cash fund is that fund which is maintained for small petty expenses in the business. Imprest…

Q: Before hiring someone for a position involving access to cash, checks or inventory, a company should…

A: The answer for above question is given below:

Q: Describe an entry needed to establish a $50 petty cash fund and an entry to reimburse the fund

A: Petty cash is the amount that is to be kept aside for the reimbursement of routine and minor…

Q: What is the purpose of setting up a petty cash fund? Select one: O O O a. to allow cash for personal…

A: Answer:- Petty cash fund:- A petty cash fund is a modest cash reserve used to cover miscellaneous…

Q: For number 13 how do i post that in a cash receipts journal?

A: The cash receipt journal is prepared to record all cash receipts. It records cash receipt…

Q: The safety of credit cards should be discussed, and certain precautions should be outlined.

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A: Solution: A liability insurance binder issued by the insurance producer in effect on the date the…

Q: Which one of the following is true of a signature​ card?         A. It is the same as a deposit…

A: Solution: A signature card is a document that a bank kept it with the signatures of all the…

Q: Are there any regulations or procedures in place for source documentation and receipts for payments…

A: There are no separate regulations or procedures for source documentation of NPO's. however Not for…

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