A Petty Cash Fund Was Established with a $250 Balance

question 67

Multiple Choice

A petty cash fund was established with a $250 balance.It currently has cash of $31 and petty cash tickets totaling $219.Which of the following would be included in the entry to replenish the fund?

• A) A credit to Petty cash for $219
• B) A debit to Petty cash for $31
• C) A credit to Cash in bank for $31
• D) Debits to various expenses for $219

Understand cross-price elasticity of demand and its implications for goods being substitutes or complements.

Understand the basic principles and terminology of genetics, including key concepts like meiosis, chromosomes, and DNA.

Gain knowledge of the mechanisms of inheritance, including dominant and recessive alleles, and the role of genes in determining traits.

Recognize the structure and function of DNA and the process of mitosis in genetic continuity.

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Definitions:

Organizational Resources

Assets, capabilities, processes, employee time, information, and knowledge that an organization controls, useful for creating and implementing strategies.

Tangible Resources

Physical and material assets owned by a business, such as buildings, machinery, and inventory.

Intangible Resources

Non-physical assets owned by a business, such as intellectual property, brand reputation, and customer relationships.

Substitutable Resources

Resources in a firm that can be replaced by other resources to perform the same function, affecting competitive advantage and strategic planning.