On september 1, 2022, watkins company establishes a petty cash fund by issuing a check for $250 to mike martz, the custodian of the petty cash fund. on september 30, 2022, mike martz submitted the following paid petty cash vouchers for replenishment of the petty cash fund when there is $35 cash in the fund: freight-in $25 supplies expense 75 entertainment of clients 37 postage expense 80 prepare the journal entries required to establish the petty cash fund on september 1 and the replenishment of the fund on september 30.

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.

Kiona co. set up a petty cash fund for payments of small amounts. the following transactions involving the petty cash fund occurred in may (the last month of the company's fiscal year). may 1 prepared a company check for $350 to establish the petty cash fund. 15 prepared a company check to replenish the fund for the following expenditures made since may 1. a. paid $109.20 for janitorial services. b. paid $89.15 for miscellaneous expenses. c. paid postage expenses of $60.90. d. paid $80.01 to the county gazette (the local newspaper) for an advertisement. e. counted $26.84 remaining in the petty cashbox. 16 prepared a company check for $200 to increase the fund to $550. 31 the petty cashier reports that $380.27 cash remains in the fund. a company check is drawn to replenish the fund for the following expenditures made since may 15. f. paid postage expenses of $59.10. g. reimbursed the office manager for business mileage, $47.05. h. paid $48.58 to deliver merchandise to a customer, terms fob destination. 31 the company decides that the may 16 increase in the fund was too large. it reduces the fund by $50, leaving a total of $500.