Question 1 (10 points)
a company set-up a petty cash fund with $800. the disbursements are as
follows:
$300
50
office supplies
shipping
postage
delivery expense
30
$350
answer the question below based on the above information.
to create the fund, which account should be credited?
cash at bank
o supplies
petty cash
postage

You just purchased two coins at a price of $670 each. because one of the coins is more collectible, you believe that its value will increase at a rate of 7.1 percent per year, while you believe the second coin will only increase at 6.5 percent per year. if you are correct, how much more will the first coin be worth in 15 years?