I am 17 years old and a high school senior. I have earned good grades in high school. I have been admitted to a good state university. I would like to go to college full-time and work only a few hours a week. With this schedule, I think that I can complete my college degree in four years. I am planning to major in chemical engineering. My college advisor has told me that chemical engineering is a hard major. My parents have no money to support me in college. I am planning to apply for aid and to use college loans to pay for my college tuition and books. I plan to live at home and work in the summer to earn spending money for use during the school year. I will be borrowing about $50,000 in total. Should I apply for the loan?

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.