subject
Business, 20.04.2021 15:20 amayaroberson3476

Critical Thinking Problem 9.1 (Static) John Saldanha is the owner and manager... LO 9-1, 9-3 John Saldanha is the owner and manager of The Car Spa. The Car Spa provides various car wash and car detailing services. The Car Spa also sells snacks and gift items in its waiting area. The Car Spa has one cash register, where all payments from customers are received. There is a $450 change fund in the cash register at the beginning of each day. There are two cash register clerks, Greg and Anna, who work two different shifts during the day. John is quite busy as the owner and operator of the car wash and trusts Greg and Anna completely. John does not see the need to count out the cash register drawers with Greg or Anna after their shifts are ended. Additionally, John prints out a cash register tape at the end of the day but does not compare it to the deposit. During the first week of August, John noticed an increase in business. However, the cash deposits to the bank were less than John expected. He has contacted you for advice. You have compiled the sales per the cash register tapes, and the cash counts, for the period from August 1 to August 7. These amounts are as follows: Required: Calculate the total amount of cash sales and cash shortages for the period August 1 to August 7. Prepare a journal entry dated August 7 that summarizes the cash sales and cash shortages from August 1 to August 7.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:40
Your mother's well-diversified portfolio has an expected return of 12.0% and a beta of 1.20. she is in the process of buying 100 shares of safety corp. at $10 a share and adding it to her portfolio. safety has an expected return of 15.0% and a beta of 2.00. the total value of your current portfolio is $9,000. what will the expected return and beta on the portfolio be after the purchase of the safety stock?
Answers: 3
question
Business, 22.06.2019 11:00
Using a cps-sample of 7,440 individuals, you estimate the following regression: = 20.91 - 2.61 x female where female is a binary variable that takes on the value of 1 for females and is 0 otherwise. the standard error on the coefficient on female is 0.25. the 95% confidence interval for the gender wage gap, or the amount that females earn less, is: a) [-3.10, -2.12] b) [18.30, 23.52] c) [-3.02, -2.20] d) [-1.96, -1.64]
Answers: 3
question
Business, 23.06.2019 14:30
Accounting! will give five star the bixby co. had the following transactions involving the purchase of merchandise. prepare the necessary general journal entries. any applicable freight costs are prepaid by the seller. the perpetual inventory method is in use. june 16 purchased merchandise having a price of 6,000 from the shelby manufacturing co. on account with credit terms 2/10, n/30. transportation terms fob destination. june 16 purchased merchandise having a price of 9,000 from the ajax supply house on account with credit terms 2/10, n/30. transportation terms fob shipping point. the freight costs were 175. june 17 received the goods from shelby june 17 received the goods from ajax june 20 returned for credit merchandise with an invoice price of 800 to ajax june 25 paid shelby the amount owed june 28 paid ajax the amount owed june 30 returned for cash, merchandise with an invoice price of 400 to shelby questions: prepare the necessary general journal entry for june 16, purchased merchandise having a price of 6000 from shelby manufacturing co prepare the necessary general journal entry for june 17, received goods from shelby merchandise inventory 6000 prepare the necessary general journal entry for june 25 prepare the necessary general journal entry for june 28
Answers: 3
question
Business, 23.06.2019 14:40
Interest rates are expressed as a percentage of
Answers: 1
You know the right answer?
Critical Thinking Problem 9.1 (Static) John Saldanha is the owner and manager... LO 9-1, 9-3 John Sa...
Questions
question
Mathematics, 01.03.2021 20:00
question
Mathematics, 01.03.2021 20:00
Questions on the website: 13722363