Transactions for Petty Cash, Cash Short and Over Cedar Springs Company completed the following selected transactions during June:

June 1. Established a petty cash fund of $1,060.
12. The cash sales for the day, according to the cash register records, totaled $11,693. The actual cash received from cash sales was $11,719.
30. Petty cash on hand was $81. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt:
June 2. Store supplies, $117.
June 10. Express charges on merchandise purchased, $170 (Merchandise Inventory).
June 14. Office supplies, $74.
June 15. Office supplies, $85.
June 18. Postage stamps, $89 (Office Supplies).
June 20. Repair to fax, $212 (Miscellaneous Administrative Expense).
June 21. Repair to office door lock, $74 (Miscellaneous Administrative Expense).
June 22. Postage due on special delivery letter, $57 (Miscellaneous Administrative Expense).
June 28. Express charges on merchandise purchased, $85 (Merchandise Inventory).
30. The cash sales for the day, according to the cash register records, totaled $16,669. The actual cash received from cash sales was $16,650.
30. Increased the petty cash fund by $265

Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles.

Gino's restaurant is a popular restaurant in boston, massachusetts. the owner of the restaurant has been trying to better understand costs at the restaurant and has hired a student intern to conduct an activity-based costing study. the intern, in consultation with the owner, identified the following major activities: activity cost pool activity measure serving a party of diners number of parties served serving a diner number of diners served serving drinks number of drinks ordered some costs, such as the cost of cleaning the linens that cover the restaurant's tables, vary with the number of parties served. other costs, such as washing plates and glasses, depends on the number of diners served or the number of drinks served. data concerning these activities are shown below. serving a party serving a dinner serving drinks total total cost $47,600 $153,000 $59,800 $260,400 total activity 7,000 parties 30,000 diners 46,000 drinks prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. she knew that the total cost for the month was $260,400 and that 30,000 diners had been served. therefore, the average cost per diner was $8.68.required: 1. compute the activity rates for each of the three activities 2. according to the activity-based costing system, what is the total cost of serving each of the following parties of diners? a. a party of four diners who ordered three drinks in total b. a party of two diners who do not order any drinks c. a lone diner who orders two drinks 3. convert the total costs you computed in part (1) above to costs per diner. in other words, what is the average cost per diner for serving each of the following parties: a. a party of four diners who order three drinks in total b. a party of two diner who do not order any drinks c. a lone diner who orders two drinks 4. why do the costs per diner for the three different parties differ from each other and from the overall average coast of $9.80 per diner?

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b. the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.