A petty cash fund was established with a $390 balance. It currently has cash of $43 and petty cash tickets totaling $347. Which of the following would be included in the entry to replenish the fund?
A) a credit to Petty Cash for $347
B) a debit to Petty Cash for $43
C) a credit to Cash for $43
D) a credit to Cash for $347
D .Calculations: $390 - $43 = $347
Business
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Indicate whether the statement is true or false.
Business
An ex-gratia claim made when a project is closed down is made when:
A) There is no contractual basis for a claim. B) The project company fails to perform to the terms of the contract. C) The client company fails to perform to the terms of the contract. D) A third party causes either the client or project company to fail to perform to the terms of the contract.
Business