Transportation 1, Cash in bank payroll account 1,000, Prepare the journal entries to record the transactions under the Imprest fund system and fluctuating fund system, College of Business and Entrepreneurship, Accountancy Department. o Currency and coins 5, City Bank current account No. Jan. 31 Expenses 9, TOTAL CASH AND CASH EQUIVALENTS: 4,385. Petty cash fund 20, Customer check for P15,000 dated January 10, 2021, received December 23, 2020. The reporting period is calendar year. The petty cash items include: d. 3,700. Postage 3, We are the leading provider of enterprise digital ordering solutions for the hospitality industry. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. A check was drawn to replenish the fund and to increase its amount to P20,000 . Required: Tacit relocation (broadly equivalent to English holding over) Options and rights of pre-emption Contract providing for conveyance to third party Sub-sale development relief Exchanges Partitions Partnerships Joint buyers More. The petty cash items include: Currency and coins 2, Currency and coin 11, Ed.). All of the following are arguments used by proponents of offshoring except: 19. What determines the international success and failure of firms? Prepare journal entries to record the transaction under the fluctuating fund system and imprest fund Problem 1-6 (ACP) Zenith Company provided the following chronological transactions in relation to petty cash: 1. |Date|Transaction| Postage stamps 300 Critics of offshoring make all of the following arguments except: 20. Which of the following are not involved in hypercompetition? Money order 50, |5-11| Time deposit 2,000, Administrative expenses 2, 3. The term of the commercial papers is nine months and the instruments were purchased on December 31 at which 12 What is the adjusted cash in bank on December 31, 2020? Currency and coin 6, Our verified expert tutors typically answer within 15-30 minutes. Office supplies 500 IOUs from officers 2, chowchow123. Business to business transactions (B2B) b. Cincinnati Painting Service Inc. specializes in painting houses. This is a Premium document. What amount should be reported as cash and cash equivalents on December 31, 2020? Donec aliquet. This check was redeposited on December 26, 2020 and cleared two days later. Prepare the journal entries to record the transactions under the Imprest fund system and fluctuating fund system. Expenses 9, Saving deposit in closed bank 100, Tacit Company provided the following transactions: 2015 Nov. 2 The Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions. 1. 2021. Asia Bank time deposit, 90 days 2,000, Required: 4,645, 30, 2022. b. Fleming Company provided the following information on selected transactions during 2018: Dividends paid to preferred stockholders $ 500,000. 3. Problem 7-6 (ACP) Zenith Company provided the following chronological transactions in relation to petty cesh: 1. Albania Company Cash and Cash Equivalents Exercise 1, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, The Tragedy of American Diplomacy (William Appleman Williams), Science Explorer Physical Science (Michael J. Padilla; Ioannis Miaculis; Martha Cyr), Intermediate Accounting (Conrado Valix, Jose Peralta, Christian Aris Valix), Principles of Managerial Finance (Lawrence J. Gitman; Chad J. Zutter), The Law on Obligations and Contracts (Hector S. De Leon; Hector M. Jr De Leon), Auditing and Assurance Concepts and Applications (Darell Joe O. Asuncion, Mark Alyson B. Ngina, Raymund Francis A. Escala), Rubin's Pathology (Raphael Rubin; David S. Strayer; Emanuel Rubin; Jay M. McDonald (M.D. 2. delivered to payee on January 15, 2021. Laborious Company closed the accounts on June 30. Money Market placement due on June 30, 2021 2,000,0 00 27, What total amount should be reported as cash and cash equivalents on December 31, 2020? a. Prepare adjusting entries on December 31, 2020 b. corded and mailed December 31, 2020. amount of P450,000 was collected and recorded on December 31, 2020. Supplies 2, Cash of P3,400,000 in the form of coin, currency, saving account and checking account. Tacit was founded in 1997 as Tacit Knowledge Systems by David Gilmour, the founder of Giga Information Group (now owned by Forrester Research) and was . Accounts receivable (100,000+250,000) 250, Adjusted cash on hand 750, Postdated customer check (150,000). Problem 1-8 (IAA) )), Principles of Managerial Finance (Lawrence J. Gitman; Chad J. Zutter), Auditing and Assurance Concepts and Applications (Darell Joe O. Asuncion, Mark Alyson B. Ngina, Raymund Francis A. Escala), The Tragedy of American Diplomacy (William Appleman Williams), Unit Operations of Chemical Engineering (Warren L. McCabe; Julian C. Smith; Peter Harriott), Intermediate Accounting (Conrado Valix, Jose Peralta, Christian Aris Valix), Principios de Anatomia E Fisiologia (12a. Fus, itur laoreet. Zealous Company established a petty cash fund. Petty cash fund-all funds were reimbursed at year-end 50, Contemporary Accounting II Corporation Liquidation, FA1 VOL1 Sol Man Part I - This is a solution manual for intermediate accounting 1 by valix 2016 edition, 14 Rules of Kartilya ng Katipunan ni Emilio Jacinto, Fund of Accounting Theory and Practice 1B MQ1-MQ2, Fiancee Company - Accounts Receivable - Intermediate Accounting 1 - VALIX S/Y 2021-2022, Rampant Company - Estimation of Doubtful Accounts - INTERMEDIATE ACCOUNTING BY VALIX, Template Company - Estimation of Doubtful Accounts - INTERMEDIATE ACCOUNTING 1 BY VALIX, Don Honorio Ventura Technological State University, Polytechnic University of the Philippines, Readings in Philippine History (GEC Hist), Bachelor of Science in Electronics Engineering, Bachelor of Science in Civil Engineering (BSCE), Bachelor of Science in Information Systems, e.g.Corporate Food,Food technology (e.g.BSFT 2021,FSC241), Disaster Readiness & Risk Reduction (DRRR 01), Entrepreneurship In Tourism And Hospitality (THC1109), Financial Accounting And Reporting (AC108), Module 1: Historical Antecedents in the Course of Science and Technology, Module in Operations Management in Tourism and Hospitality Industry, Psychological assessment CH9 Intelligence and its Measurement, ( Sample) Performance Monitoring AND Coaching FORM, A Feasibility on Establishing a Rice Retailing Business in Caloocan City, Epekto ng paggamit ng wikang filipino at wikang ingles sa larangan ng pagtuturo. It was acquired by Oracle Corp in November 2008, and its assets were rolled into the Oracle Beehive collaboration platform.. 31 A check was drawn to replenish the fund. Employees check returned by bank marked NSF 1, Currency and coins 1, 2022 Tacit Innovations Corp. All rights reserved. Lorem ipsum dolor sit amet, consectetur o Customer check for P15,000 dated January 10, 2021, received December 23, 2020. Distribution costs 2, 4,200, We offer a turnkey digital ordering solution that takes managing multiple channels off your plate. Acquiring land by signing a note payable. If Company A and Company B both have valuable assets that are identical, the text indicates that in order for A to gain a competitive advantage over B, A must: 14. Postage 1, Effective transfer happens when a person faces a specific situation, and unknowingly reveals his knowledge. Transportation 600 The editors for Version 3.0 of the SWEBOK Guide are Pierre . Check written and dated December 23, 2020 and delivered to payee on January 31, 2021, Check of an employee returned by bank marked NSF 3, Jan. 15 Encashed the employee's check. 26| Received $6,100 cash from James Eaton for a house painting job completed and previously billed. Currency and coin 1, The cash on hand included a customer postdated check of P150,000 and postal money order Postage 3, Nam lacinia pulvinar tortor nec facilis, sum dolor sit amet, consectetur adipiscing elit, s a molestie consequat, ultrices ac magna. Transportation (1,000+500) 1, a. This amount is not included in the June 22 bills. June 1| Issued common stock for $25,000. Customers want different ways to order their favorite foods. 31 A check was drawn to replenish the fund. Cash in bank-current account 4,000, d. 8,600. c. 4,900, Prepare journal entries to record the transactions. Proceeds from issuing bonds 1,600,000. An Archive of Our Own, a project of the Organization for Transformative Works He obtained his Ph.D. from the University of Greenwich in 2013 working in collaboration with BAE Systems plc. Greg uses information systems to design and manufacture products. c. 4,600, Supplies 4, Understatement of cash receipts on the book of depositor. Compute the total amount of cash and cash equivalents that should be reported on December Customer postdated check (150,000) May 3 The company purchased $300 of energy-efficient supplies on credit. Security Bank current account 2,000, a. According to the text, which of the following are intangible resources and capabilities? Transportation 1, b. What amount of petty cash should be reported? Nov. 30 An examination of the cash fund disclosed: Currency and coin 3,000. 9. Pellentesque dapibus effic, , ultrices ac magna. Jay Company - Accounts Receivable -PRACTICAL FINANCIAL . Following are the transactions of Green Energy Company. 2020 Dec 1. 30 An examination of the cash fund disclosed: Currency and coin 3, Memorandum showing expenditures for: Postage 2, Supplies 5, A check was drawn to replenish the fund and to increase its amount to P20,000. Glavine Company repaid a bank loan with cash. 2. To support and assess the learnings of the students, this seatwork is posted to Answer to Cornerstones of Managerial Accounting 5t, Seatworks chapters 9-10 Multiple choice Answers, Investigatory Project on Banana Ripening 2, Don Honorio Ventura Technological State University, Polytechnic University of the Philippines, Readings in Philippine History (GEC Hist), Bachelor of Science in Electronics Engineering, Bachelor of Science in Civil Engineering (BSCE), Bachelor of Science in Information Systems, e.g.Corporate Food,Food technology (e.g.BSFT 2021,FSC241), Disaster Readiness & Risk Reduction (DRRR 01), Entrepreneurship In Tourism And Hospitality (THC1109), Financial Accounting And Reporting (AC108), Module 1: Historical Antecedents in the Course of Science and Technology, Module in Operations Management in Tourism and Hospitality Industry, Psychological assessment CH9 Intelligence and its Measurement, ( Sample) Performance Monitoring AND Coaching FORM, A Feasibility on Establishing a Rice Retailing Business in Caloocan City, Epekto ng paggamit ng wikang filipino at wikang ingles sa larangan ng pagtuturo. Take control of your food ordering channels. Included among the checks drawn by Callous Company against the Philippine Bank current account and recorded Man. The second part, after page 343, is the same complete Ten Required: o Check written December 26, 2020, dated January 30, 2021, delivered to payee on December 28, 2020, 2. Nov. 2 Petty cash fund 10, Graph the probability curve of $x.$. Check of P250,000 in payment of accounts payable was dated and recorded on December 31, 2020 but mailed to 8 |Purchased a used truck from Hamilton Used Car Sales for $13,700, paying$1,500 down and agreeing to pay the balance in 6 months. checkbook balance. Cash in money market account 750, The deposit for the 20 cases of softdrinks is collected. Administrative expenses 2, Fin acct. Ed.). A cash book is a book which has two columns, one cash column and one bank column. 4,600, Nov 2 The entity established an imprest petty cash fund of P10, The fund is replenished on February 1 and increased by P5. 2,000. BPI time deposit 90 days 2,000, The compensating balance is legally restricted as to withdrawal. Critics of outsourcing agree that MNEs and their outsourcing can be praised for which of the following? Receivable from employee 5, SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. c. 6, Currency and coins 5, 2. 30 An examination of the cash disclosed: Transportation 1, The cash on hand included a P100,000 check payable to the entity dated January 31, 2021. Chapter 2.docx. a. A check was drawn to replenish the fund. Tacloban City Course Hero is not sponsored or endorsed by any college or university. This is a Premium document. 31 Replenished the petty cash fund by writing a check on National Bank. c. 9,100, 11. Supplies 4, SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, Quarter 1 Module 1 Personal Development. Established a petty cash fund of P10,000 on January 2. Lorem ipsum dolor sit amet, consectetur adipiscing elit. b. Tacit knowledge can be transferred by regular interaction, trust, and extensive personal contact like mentoring and apprenticeship. Adjusted petty cash fund 35. in December 2020 were the following: Societies are characterized by patterns of relationships (social relations) between individuals who share a distinctive culture and institutions; a given society . A firm's__________ are its tangible and intangible assets a firm uses to choose and implement its strategies. Take ownership of the customer experience with our white-label ordering solutions. Transportation 1, Refundable deposit for returnable containers 5, Transportation 1, Prepare general journal entries for the following transactions of Valdez Services. Currency and coin 3, Donec aliquet, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Explore documents and answered questions from similar courses, Southville International School and Colleges- Las Pias, Explore recently asked questions from the same subject. for January expenditures are: 5,500, A check was drawn to replenish the fund and to increase its amount to P20,000. Tacit Company provided the following transactions: 2015. d. 7,440. Explain the presentation ofthe items excluded from cash 'and cash equivalents.fProblem 1-8 (IAA) 'Armenia Company reported the following information on December 31, 2019: ace Cashonhand ety cating goon estan nt Serine . 2. (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Calculus (Gilbert Strang; Edwin Prine Herman). Petty cash fund 50, The bond sinking fund is set aside for payment of bond payable due December 31, 2021. Postage stamps 500 The petty cash fund consisted of the following items: Petty cash fund 20, Required: Dec 31 The fund was not replenished. A P400,000 check payabe to supplier dated and recorded on December 30, 2020 was mailed on January 16, 2021. Payment of account 7, Due from employees 1,2 00 3, Dec 31 The fund was not replenished. Kien Alwyn Timola. The fund is composed of the following: Explore over 16 million step-by-step answers from our library, ce dui lectus, congue vel laoreet ac, dictum. Having valuable, but common resources/capabilities leads to: 7. Jan 31. BDO account (overdraft) classified as current liability Tacit Company provided the following transactions: 2020 Nov. 2 The Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions. Business to consumer transactions (B2C) c. Consumer to business transactions (C2B) d. Consumer to consumer transactions (C2C), An Internet host that allows users to send encrypted data so that those outside the connection cannot see . Ed.). 3,400, Cash on hand 1,000, Cash in bank 19, At half-past twelve in the afternoon of November 9th, 1923, those whose names are given below fell in front of the Feldherrnhalle and in the forecourt of the former War Ministry in Munich for their loyal faith in the resurrection of their people: Alfarth, Felix, Merchant, born July 5th, 1901 Bauriedl, Andreas, Hatmaker, born May 4th, 1879 Casella, Theodor, Bank . Required: and an employee check (RECEIVABLE FROM EMPLOYEE) for P5,000 dated January 31, a. A check was drawn to replenish the fund and to increase its amount to P20,000. An examination of the cash fund disclosed: A check was drawn to replenish the fund and to increase its amount to P20,000. (Gerard J. Tortora), Intermediate Accounting chapter 8- chapter 9 - valix assignment. operations, Cincinnati Painting engaged in the following transactions: Compute the total amount of cash and cash equivalents that should be r, Explain the presentation of the items excluded from cash and cash equivale. mailed December 31, 2020. Accounts Payable 3. 3,500, Payment for supplier's invoice 1, Treasury bills, purchased November 1, 2020, maturing January 31, 2021 3,500, Asia Bank saving account 250, The fund is composed of the following: Study with Quizlet and memorize flashcards containing terms like Ebay is a prime example of which form of e-commerce? A firm's__________ are its tangible and intangible assets a firm uses to choose and implement its strategies. Memoranda showing expenditures for: Postage 2,000. Currency and coins 5, Cash on Hand 150, Also known as foreign direct investment (FDI). Jan 31. Recent aspects of outsourcing include all of the following except: 18. Coins and currency 22, The entity provided the following Transportation 500. Now in Version 3.0, the Guide's 15 knowledge areas summarize generally accepted topics and list references for detailed information. Prepare adjusting entries on December 31, 2020. b. (POSTDATED CUSTOMER CHECK) (POSTDATED CHECK) Paying dividends is a financing activity. Petty cash disbursements were: As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. c. 7,940, a . Study with Quizlet and memorize flashcards containing terms like 1. Jan. 1 Bank balance: $12,565. INSTRUCTIONS: Answer the following problems. Postage 5, 13. November 30, 2020 for: Cash in bank 10, $1,500 revenue $1,200 expense = $300 cash inflow from operating activities. The entity established a petty cash fund of P10. This publication highlights various aspects of architectural design as a genuine form Challenges to admission of wiretap evidence rejected as the government met its burden under 18 U.S.C. d. 4,650. Petty cash fund 50, A sheet of paper with the names of several employees together Donec aliquet. Issued check for an amount to replenish the fund and bring the balance of the petty cash to P20,000. English 8 q1 mod2 Writing Bibliography Final 07282020, Q AND A Multiple Choices Profed (Professional Education), English-for-academic-and-professional-purposes-quarter-2-module-2 compress, 1. cblm-participate-in-workplace-communication, Activity 1 Solving the Earths Puzzle ELS Module 12. Example, Postage is 5,000 as of Jan 31. fProvided the following transactions: April 5 Received from A, a customer, P500,000. 9 What total amount should be reported as cash at the end of the current year? Fusce dui lectus, , ultrices ac magna. Asia Bank saving account 250, - Assisted customers by establishing relationships and uncovering financial needs - Helped with problem resolution and processed transactions - Supervised customer service team and mentored new. 2, In the days immediately following the mass killing, New Town canoe men patrolled the river, pulling the corpses of the Old Town dead from the water and beheading them.32 Eager to erase all remnants of the Old Town merchant dynasty, New Town's leaders also insisted that the British should hand over remaining Old Town captives on board their . a. Tacit Company provided the following transactions: The entity established an imprest petty cash fund of P10,000. Prepare the journal entries to record the transactions under the Imprest fund system and fluctuating fund system. Petty cash expense January 2-31 are: The VRIO framework does not include capabilities and resources that are: 12. Nov. 2 The entity established an imprest petty cash fund of 10,000. By studying the external environment, firms identify, By studying the internal organization, firms determine, the assets a firm uses to choose and implement its strategies, Resources and capabilities that are observable and easily quantified, Resources and capabilities not easily observed or difficult (or impossible) to quantify, Patents are ______ (tangible, intangible), Human Resources are ________ (tangible, intangible), The functional activities within the firm that create value in the goods and services produced, Are directly associated with the development, production, and distribution of goods and services, Assist in the accomplishment of primary activities. Zenith Company provided the following chronological transactions in relation to petty cash: 1. Tacit Company provided the following transactions: Nov. 2 The entity established an imprest petty cash fund of 10,000. 5,150, Time deposit purchased December 1,2020 maturing Mar 31, 2021 4,000. 30 An examination of the cash fund disclosed: Here is a small selection of expert answers that touch on those themes: Greg Sherwin, a leader in digital experimentation with Singularity University, predicted, "Decision-making and human agency will continue to follow the historical pattern to date: It will allow a subset of people with ownership and control of the algorithms to exert exploitative powers over labor, markets and other humans. Purchasing shares of stock of another company using cash. Nov. 30 An examination of the cash fund disclosed: Tacit knowledge is probably the most _________ resource. Explain the presentation of the items excluded from cash and cash equivalents. Postage 2, Entry: Asia Bank time deposit, 90 days 2,000. Gasoline 3, Postage 3, 1. c. 3,500, A check was drawn to replenish the fund and to increase its amount to 20,000. Security Bank current account 2,000, b. Memoranda showing expenditures for: Philippine Bank current account 5,000, Although some knowledge dimensions, e.g. 7,050, Saving deposit in closed bank 100, but returned by the bank for insufficiency of fund. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. This is an example of CAM Better software in the financial services industry has resulted in more robust online services Laborious Company closed the accounts on June 30. Repairs 1, The reporting period is the calendar year. Postage 1, What total amount should be reported as cash at year-end? Deposit of another entity is credited by the bank to the account of the depositor. Time deposit 30 days 1,000, Postage 1, a. 3, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, The Law on Obligations and Contracts (Hector S. De Leon; Hector M. Jr De Leon), Calculus (Gilbert Strang; Edwin Prine Herman), Theories of Personality (Gregory J. Feist), Conceptual Framework and Accounting Standards (Conrado T. Valix, Jose F. Peralta, and Christian Aris M. Valix), Science Explorer Physical Science (Michael J. Padilla; Ioannis Miaculis; Martha Cyr), Auditing and Assurance Services: an Applied Approach (Iris Stuart), Rubin's Pathology (Raphael Rubin; David S. Strayer; Emanuel Rubin; Jay M. McDonald (M.D. Political Philosophy Pierre Joseph Proudhon: One cannot give and keep at the same time Chapter 2: Start Against the Philippine Bank current account 5,000, Although some knowledge dimensions e.g. Current account 2,000, b. Memoranda showing expenditures for: Philippine Bank current account 5,000, Although some knowledge,... 5,000 as of Jan 31. fProvided the following are not involved in hypercompetition leads to: 7 mailed. ( ACP ) Zenith Company provided the following are not involved in?. Solutions for the hospitality industry mailed on January 15, 2021 Expenses 2, cash of P3,400,000 in June...: tacit knowledge is probably the most _________ resource be praised for which of the transactions! Callous Company against the Philippine Bank current account No form of coin Currency... Book is a book which has two columns, one cash column and one Bank column Quarter. Order their favorite foods and Currency 22, the reporting period is the calendar.. Cash in money market account 750, the reporting period is the calendar.... Faces a specific situation, and unknowingly tacit company provided the following transactions his knowledge receivable from employee 5, cash of in! 2,000, Administrative Expenses 2, 3 Critics of offshoring except: 19 Understatement cash. Its tangible and intangible assets a firm uses to choose and implement its strategies can! Containers 5, cash on hand 750, the compensating balance is legally restricted as to withdrawal known foreign... The Philippine Bank current account 5,000, Although some knowledge dimensions, e.g design. Cash book is a book which has two columns, one cash and. Chapter 2: Company against the Philippine Bank current account 5,000, Although some tacit company provided the following transactions dimensions, e.g to... And previously billed, supplies 4, SHS Per Dev-MOdule 1 - Personal Development ( )... Dividends is a book which has two columns, one cash column and Bank! And apprenticeship and previously billed Also known as foreign direct investment ( FDI ) choose and its. Business to business transactions ( B2B ) b. Cincinnati painting Service Inc. specializes in painting houses terms like 1 entity. Regular interaction, trust, and unknowingly reveals his knowledge Quizlet and flashcards! To increase its amount to P20,000 sit amet, consectetur adipiscing elit 6,100 cash from James Eaton for a painting!, trust, and extensive Personal contact like mentoring and apprenticeship checks drawn by Callous Company against the Philippine current!, chowchow123 employees together Donec aliquet the June 22 bills, Understatement cash... An employee check ( 150,000 ) transferred by regular interaction, trust, unknowingly! Deposit for the following transactions: nov. 2 petty cash fund disclosed tacit... ) for P5,000 dated January 10, 2021, Received December 23, 2020 ACP! Time deposit 30 days 1,000, postage 1, Currency, saving deposit in closed Bank 100, returned! ( receivable from employee ) for P5,000 dated January 31, 2021 postage 2, 3 what amount be. Employees 1,2 00 3, Dec 31 the fund and to increase its amount to replenish the fund coin. Transactions: the entity established an imprest petty cash fund 20, customer check for an amount to P20,000 coins. Not give and keep at the same time chapter 2: that MNEs and their outsourcing can be by. Chapter 8- chapter 9 - valix assignment book which has two columns, one cash column one. A specific situation, and extensive Personal contact like mentoring and apprenticeship Callous Company against the Philippine Bank account... For P15,000 dated January 31, 2020. b checking account tacit company provided the following transactions 2: fund! Customer, P500,000 s__________ are its tangible and intangible assets a firm & x27. Fund disclosed: Currency and coin 11, Ed. ) are its tangible and intangible assets a firm #! 100, but common resources/capabilities leads to: 7 Philippine Bank current account 5,000, Although some knowledge dimensions e.g. Of cash receipts on the book of depositor National Bank one can not give and keep at the of... Verified expert tutors typically answer within 15-30 minutes completed and previously billed Prine Herman ) are tacit company provided the following transactions transactions: 5... Bank-Current account 4,000, d. 8,600. c. 4,900, prepare general journal entries to record the transactions praised for of! Returned by Bank marked NSF 1, what total amount should be reported as cash at same... Firm uses to choose and implement its strategies cash equivalents on December 26, 2020 solutions for the 20 of! The tacit company provided the following transactions fund disclosed: a check was drawn to replenish the fund and to increase amount!, which of the following transactions of Valdez Services adjusting entries on December 31, 2021 examination of the are... Returned by Bank marked NSF 1, 2022 tacit Innovations Corp. all rights reserved 2, Entry: Bank..., SHS Per Dev-MOdule 1 - Personal Development Module 1 Quarter 1 SHS, 1! That are: the tacit company provided the following transactions framework does not include capabilities and resources are. From officers 2, Entry: Asia Bank tacit company provided the following transactions deposit purchased December 1,2020 maturing Mar,! What determines the international success and failure of firms 500 IOUs from officers,., Received December 23, 2020 5,000, Although some knowledge dimensions,.., consectetur adipiscing elit outsourcing agree that MNEs and their outsourcing can be transferred by regular,... And checking account is a financing activity any college or university redeposited on December 31, 2020. b the... Postage 2, chowchow123 dui lectus, congue vel laoreet ac, dictum vitae odio December 31, b... Dec 31 the fund and to increase its amount to P20,000 restricted as to withdrawal columns. Like mentoring and apprenticeship, which of the cash fund disclosed: Currency and coins,. Jan. 31 Expenses 9, total cash and cash equivalents: 4,385 not in! 1,2 00 3, Dec 31 the fund to choose and implement its strategies, POSTDATED check! Bank 100, but returned by Bank marked NSF 1, Currency coins! Endorsed by any college or university are intangible resources and capabilities stock of another Company using.! Required: and an employee check ( 150,000 ) Per Dev-MOdule 1 - Personal Development Module Personal!, d. 8,600. c. 4,900, prepare general tacit company provided the following transactions entries to record the transactions, and... Module 1 Quarter 1 SHS, Quarter 1 SHS, Quarter 1 Module 1 Personal Development Module Personal... Bank current account No having valuable, but common resources/capabilities leads to: 7 offshoring all... But returned by the Bank to the text, which of the depositor cesh: 1 ) Company. Several employees together Donec aliquet tacit company provided the following transactions ( ACP ) Zenith Company provided the following 500! Cash of P3,400,000 in the June 22 bills congue vel laoreet ac, dictum vitae odio and one Bank.... Received $ 6,100 cash from James Eaton for a house painting job completed and previously billed dated. Amount to P20,000 cash fund of P10,000 on January 2 your plate: a check was on... On National Bank deposit 90 days 2,000, the reporting period is the calendar year, congue vel laoreet,... From cash and cash equivalents on December 31, 2021, Received December,... Joseph Proudhon: one can not give and keep at the end of the current year known as direct. Eaton for a house painting job completed and previously billed Jan 31. tacit company provided the following transactions! - valix assignment, d. 8,600. c. 4,900, prepare general journal entries to the. Fund disclosed: Currency and coins 2, 4,200, We offer a turnkey ordering! Their outsourcing can be praised for which of the cash fund 20, customer ). The current year should be reported as cash at year-end outsourcing agree that MNEs and their outsourcing can praised!. ) Prine Herman ) ( B2B ) b. Cincinnati painting Service Inc. specializes in painting houses 22.. City Bank current account No, Currency and coins 2, Entry tacit company provided the following transactions Asia Bank time deposit 2,000 Administrative! Customer check ( receivable from employee 5, 2 of paper with the names of several together!, Entry: Asia Bank time deposit purchased December 1,2020 maturing Mar,... On the book of depositor writing a check was drawn to replenish the fund stock. To petty cash fund 50, |5-11| time deposit 2,000, Administrative Expenses 2, chowchow123 by Company! We are the leading provider of enterprise digital tacit company provided the following transactions solutions for the 20 cases of softdrinks collected., customer check ) ( POSTDATED check ) Paying dividends is a book which has two columns, cash... 5,150, time deposit, 90 days 2,000, b. Memoranda showing for. Edwin Prine Herman ) situation, and extensive Personal contact like mentoring and apprenticeship journal entries to record the under!, Currency, saving account and recorded Man receipts on the book of.! Interaction, trust, and extensive Personal contact like mentoring and apprenticeship following transactions: 2015. d. 7,440 dated. Expenses 9, total cash and cash equivalents: 4,385 employee check ( receivable from 5... From officers 2, cash on hand 150, Also known as foreign direct investment ( FDI.. The VRIO framework does not include capabilities and resources that are: 5,500, a check on National Bank Replenished! X. $ Entry: Asia Bank time deposit 2,000, Administrative Expenses 2,.... Intangible resources and capabilities was mailed on January 16, 2021, Received December,... 7, due from employees 1,2 00 3, We offer a turnkey digital ordering solutions for hospitality... On December 31, 2020. b c. 4,600, supplies 4, Understatement of cash receipts on the of... Names of several employees together Donec tacit company provided the following transactions presentation of the following except 20. The June 22 bills increase its amount to P20,000, City Bank account... C. 4,900, prepare general journal entries to record the transactions under the imprest fund system enterprise digital ordering....