Principles of Financial Accounting.
Principles of Financial Accounting.
24th Edition
ISBN: 9781260158601
Author: Wild
Publisher: MCG
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Chapter 8, Problem 6QS

1)

To determine

To prepare the journal entry.

2)

To determine

To identify the two events that causes a Petty Cash account to be credit in a Journal entry.

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Total variable costs:19200000, total fixed costs: 10400000
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