Petty Cash Fund Entries Journalize the entries to record the following:
Check No. 12-375 is issued to establish a petty cash fund of $800. The amount of cash in the petty cash fund is now $272. Check No. 12-476 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $306; miscellaneous selling expense, $127; miscellaneous administrative expense, $79. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $500, record the discrepancy in the cash short and over account).
a. Journalize the entry to establish the petty cash fund.
Petty Cash
Cash
b. Journalize the entry to replenish the petty cash fund.
Office Supplies
Miscellaneous Selling Expense
Miscellaneous Administrative Expense
Cash Short and Over
Cash

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery