Tim mows neighborhood lawns for extra money. suppose that he would be willing to mow one lawn for $14, a second lawn for $18 and a third lawn for $24. also suppose that three neighbors are interested in having their lawns mowed. mrs. jones would be willing to pay $ to have her lawn mowed, mr. wilson would be willing to pay $29, and ms. smith would be willing to pay $24.

considering mrs. jones, mr. wilson, and ms. smith together, what will be their consumer surplus?

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.