Albany Co. has a $400 petty cash fund. At the end of the first month, the accumulated receipts represent $60 for postage expenses, $140 for kitchen supplies expense, $90 for entertainment expense, and $20 for miscellaneous expenses. The fund has a balance of $105. The journal entry to record the reimbursement of the account is:

What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

If you miss two payments on a credit card what is generally the penalty