Following petty cash transactions of Green Golf Equipment occurred in May 1
Established a petty cash fund with a $200 balance 31
The petty cash fund has $18 in cash and $180 in petty cash tickets that were issued to pay for Office Supplies (581). Delivery Expense ($36). Postage Expense (554) and Miscellaneous Expense (59) The petty cash custodian replenished the fund and recorded the expenses e journal entries.
Record debits first, then, credits. Select the explanation on the last line of the journal entry table.

If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?

Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.