On June1, MeadowSalad Dressings creates a petty cash fund with an imprest balance of $600. During June, Jackson Demers, the fund custodian, signs the following petty cash tickets: Petty Cash Ticket Number Item Amount
101 Office Supplies $55
102 Cab fare for executive 40
103 Delivery of package across town 5
104 Business Dinner 95
105 Merchandise Inventory 140

On June30, prior to replenishment, the fund contains these tickets plus cash of $ 330.The accounts affected by petty cash payments are Office Supplies, Travel Expense, Delivery Expense, Entertainment Expense, and Merchandise Inventory.

Required:
a. Explain the characteristics and the internal control features of an imprest fund.
b. On June 30, how much cash should the petty cash fund hold before it is replenished?
c. Journalize all required entries to create the fund and replenish it. Include explanations.
d. Make the July 1 entry to increase the fund balance to $500. Include an explanation, and briefly describe what the custodian does.

Read about wanda’s complaint to the fdic. what action did the regulator most likely take in this case? the fdic found out that a company misreported information to a credit scoring company about wanda. wanda contacted the company and asked them to fix the problem. the company refused to talk about it and referred her back to the credit company. the fdic declares the company has violated the .

You wants to open a saving account.which account will grow his money the most

Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.