Answer:
Ending cash balance$8,230
Explanation:
Preparation of basic cash budget for the month of January.
Wildhorse Co CASH BUDGET for the month of January
Beginning cash balance$11,890
Add: Cash receipts $59,320
Total cash available $71,210
($59,320+$11,890)
Less: Cash disbursements ($66,850)
Excess of available cash over cash disbursements $4,360
Financing needed $3,870
($8,230-$4,360)
Ending cash balance$8,230
Therefore the basic cash budget for the month of January will be $8,230
Answer:
Openness
Explanation:
Travis is willing to take chances with his health to get the adrenaline rush from these sorts of sports because of his openness to new experiences.
People who are open to new things and enjoy new experiences have their personality classifications under openness. Openness involves having insights, being imaginative and having lots of interests.
Answer:
Pro forma financial statements
Explanation:
The term pro forma financial statements refers to a type of financial statement which estimates future financial results. It doesn't follow the GAAP, instead it is designed to focus on specific figures about a company's expected earnings. Although pro forma financials are only expected financial statements, it is still illegal to mislead investors using them.
By preparing a pro forma financial statement, Tomas will be able to estimate if his new business will be profitable or not, approximately how much financing he will need and estimate the future cash flows of his project.
Answer:
A
cash 15,000 debit
accounts receivable 15,000 credit
B
cash 150 debit
gift card liaiblity 150 credit
C
accounts receivable 4,000 debit
services revenue 4,000 credit
D
cash 2,250 debit
unearned revenue 2,250 credit
E
accounts receivable 125 debit
service revenues 125 credit
Explanation:
A
we increase cash and decrease the customers accounts
B
we record the cash proceeds and use a liability for the obligation in the near future to provide services to a customer
C
we recognize the revenue and increase our accounts receivable
D
as the colleciton is in advance the revenue is not earned. this is a liability as we now have the obligation to perform services in the near future
E
we must match the revenue whn the time it occurs and that time was february not march.
Answer:
Approximately after 15 years the population will reach 620,000
Explanation:
Population at start : 310,000
Rate by which the population is increasing: 4.5%
Population after n years is calculated under the next equation:
P=Po(1+r)∧n
620,000=310,000(1+ 0.045<u>)</u>∧n
2= (1+ 0.045<u>)</u>∧n
log(2)=nlog (1+ 0.045<u>)</u>
<u>log(2)</u>=nlog (1.045)
log(2)/log(1.045)=n
n= 15
<u />
<u />
