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Eric0393nsuh
04.08.2019 •
Business
Which act granted married women equal rights in insurance, banking, real estate, contracts, divorce, child custody, and property rights?
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Ответ:
Ответ:
Texas family code
one major success for women´s right during the 1960s.
Ответ:
Debit: Printing Expense $140
Debit: Postage Expense $54
Credit: Petty Cash $193
Credit: Cash Over and short $1
Explanation:
Expenses increase on the debit. Printing and Postage are both expenses. They are paid out, and are thus debited. Assets increase on the debit side and decrease on the credit side. Petty cash is an asset. However this cash was utilised to pay for the printing and the postage. Thus decreasing the petty cash. Therefore petty cash is credited.
However the fund balance indicated that there was $7 left. But a total of $194 ($140 + $54) was actually spent. This indicates that $6 should actually be left in the petty cash. When an actual balance differs from an unexpected balance it creates a Cash Short and Over account. This account is used to record small differences between actual and unexpected balances. Because these amounts are usually small they will be added to other small amounts and then taken to other expenses under the income statement.