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What does awaiting final amount from merchant mean?

Means card authorized only, not yet charged.


What is petty cash receipt?

A petty cash receipt is an invoice or receipt for items or services bought out of petty cash. Petty cash is the small amount of cash usually held by businesses for one off small items.


At December 31 the unadjusted trial balance of H and ampR Tacks reports Supplies of 9300 and Supplies Expense of 0. On December 31 supplies costing 7850 are on hand. and Acirc and nbsp 1. Prepare the?

To prepare the adjusting journal entry for supplies, first determine the supplies that have been used. The initial balance of supplies is $9,300, and with $7,850 on hand, the amount used is $9,300 - $7,850 = $1,450. The adjusting entry will debit Supplies Expense for $1,450 and credit Supplies for the same amount, ensuring that the Supplies account reflects the actual amount of supplies remaining on hand. Adjusting Entry: Debit Supplies Expense: $1,450 Credit Supplies: $1,450


What is the difference between cheque and receipt?

A cheque is a financial instrument that instructs a bank to pay a specified amount of money from the account of the cheque writer to the person or entity named on it. In contrast, a receipt is a document that acknowledges the receipt of payment or goods, serving as proof of a transaction. While a cheque is used to initiate payment, a receipt confirms that payment has been made.


What account is affected in an account journal when you return office supplies that was bought on account?

Say I purchsed $500 in Office Supplies on account, I return the office supplies, since I purchased them on account, the company I purchased them from will extend me a credit to my account decreasing the balance I owe them by the said amount. My books will record....Account Payable (debit)Office Supplies (credit)I debit my Account Payable to show that I no longer owe that amount and I credit my Office Supplies to show that I no longer have that amount of supplies on hand.

Related Questions

Can you provide a receipt that includes the tip amount?

Yes, a receipt can include the tip amount as a separate line item or as part of the total amount paid.


How do you properly fill out a receipt at a restaurant?

To properly fill out a receipt at a restaurant, write down the items ordered, their prices, any additional charges like tax or tips, and the total amount due. Make sure to include the date, time, and table number for reference. Sign the receipt if required and keep a copy for your records.


How do you properly tip on a receipt?

To properly tip on a receipt, calculate the tip amount as a percentage of the total bill (usually 15-20). Write this amount on the tip line, then add it to the total bill to get the final amount you will pay. Sign the receipt and keep a copy for your records.


How can I include a tip on a receipt when writing it?

To include a tip on a receipt, you can write the total amount including the tip, specify the tip amount separately, or leave a space for the customer to write in the tip amount.


Where can you purchase cheap office pens?

One can purchase inexpensive office supplies at many office supply stores. Additionally purchasing a large amount of these office supplies, such as pens, may also offer an additional discount.


How do you properly fill out a restaurant receipt?

To properly fill out a restaurant receipt, write down the items ordered, their prices, any additional charges like tax or tips, and the total amount due. Include the date, time, and table number for reference. Make sure to provide a clear breakdown of the charges and any discounts applied. Sign and hand the receipt to the customer for their records.


Can a mother use subisidized child care to increase the amount of childsupport she is owed?

In those states that allows this as an additional item added to the amount owed, she would have to prove there's a expenditure for child care. If it's subsidized, that she cannot get a receipt for the expenditure. see links


What does awaiting final amount from merchant mean?

Means card authorized only, not yet charged.


What is the difference between an itemized receipt and a credit card receipt?

An itemized receipt provides a detailed list of items purchased, including prices and quantities, while a credit card receipt simply shows the total amount paid using a credit card.


What is the total amount you paid for your meal at the restaurant, including the tip, as shown on the receipt?

What was the total cost of your meal at the restaurant, including the tip, as indicated on the receipt?


What is petty cash receipt?

A petty cash receipt is an invoice or receipt for items or services bought out of petty cash. Petty cash is the small amount of cash usually held by businesses for one off small items.


What is the process for obtaining a receipt for charitable donations?

To obtain a receipt for charitable donations, you typically need to provide the charity with your name, the donation amount, and the date of the donation. The charity will then issue you a receipt acknowledging your donation, which you can use for tax purposes.