Petty cash fund
prepare journal entries for each of the following:
a. issued a check to establish a petty cash fund of $600.
a. petty cash
b. cash
b. the amount of cash in the petty cash fund is $130. issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $410 and miscellaneous selling expense, $50. record any missing funds in the cash short and over account. for a compound transaction, if an amount box does not require an entry, leave it blank.
a. store supplies
b. miscellaneous selling expense
c. cash short and over
d. cash

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.