chasechevy13

13.10.2021 • 

Business

Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory. February 2 Wrote a $350 check to establish a petty cash fund.
February 5 Purchased paper for the copier for $15.95 that is immediately used.
February 9 Paid $32.50 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory.
February 12 Paid $8.35 postage to deliver a contract to a client.
February 14 Reimbursed Adina Sharon, the manager, $71 for mileage on her car.
February 20 Purchased office paper for $68.77 that is immediately used.
February 23 Paid a courier $20 to deliver merchandise sold to a customer, terms FOB destination.
February 25 Paid $10.30 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory.
February 27 Paid $59 for postage expenses.
February 28 The fund had $24.07 remaining in the petty cashbox.

Required:
a. Prepare the journal entry to establish the petty cash fund.
b. Prepare a petty cash payments report for February with these categories: delivery expense, mileage expense, postage expense, merchandise inventory (for transportation-in), and office supplies expense. Sort the payments into the appropriate categories and total the expenditures in each category.

Ответ:

20171303

04.10.2020

Business

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John Stuart Mill is arguing against conformity. The human being, through its faculties of "perception, judgment, discriminative feeling, mental activity, and even moral preference", only excercices those faculties when going against custom, against what is known as received wisdom. If someone merely follows the dictates of custom, then he is not thinking, or judging, or making moral choices: he is, so to speak, on autopilot, or simply following the herd. He is not asserting himself as an individual in full command of his humanity. In our daily lives we face many situations where we follow preestablished behaviors: at work, in the street, when dealing with our family. But it is only when we depart from what is expected from us that we become individuals, when we reject the well-worn path of custom and make personal choices.

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