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1 year ago

The repayment of a note payable is classified in the statement of cash flows as a(n): _______

Business

1 answer:

kobusy [5.1K]1 year ago

8 0

The repayment of a note payable is classified in the statement of cash flows as a financing activity.

The financing activity in the cash flow statement focuses on how a firm raises capital and pays it back to investors through capital markets. The largest line items in the cash flow from financing activities statement are dividends paid, repurchase of common stock, and proceeds from the issuance of debt.

The cash flow from financing activities helps investors see how often and how much a company raises capital and the source of that capital.

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What to do with office space to make money? How would you arrange them?

hoa [83]

Answer:

a bigger space

Explanation:

a bigger space because u have a alot to do. you can have more people working. or if it private then a room for secretary and your office in the business

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3 years ago

To increase the money supply, the FOMC directs the trading desk, located at the Federal Reserve Bank of New York, to A. sell

andrezito [222]

Answer:

. D. print U.S. Treasury securities and distribute them to banks

Explanation:

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2 years ago

Capital assets used by an enterprise fund should be accounted for in the a. Business-type activities journal but no depreciation

Diano4ka-milaya [45]

Answer:

b. Enterprise fund and depreciation on the capital assets should be recorded.

Explanation:

Cash flow can be defined as the net amount of cash and cash- equivalents that is flowing into (received) and out (given) of a business. There are three components of the cash flow;

1. Operating cash flow: all cash generated from the business activities of an organization.

2. Financing cash flow: all payments made by an organization and profits from issuance of debts and equity.

3. Investing cash flow: costs associated with purchasing of capital assets and investments of cash resources in other businesses.

Capital assets used by an enterprise fund should be accounted for in the enterprise fund and depreciation on the capital assets should be recorded.

Additionally, depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.

4 0

3 years ago

Sportly, Inc. completed Job No. B14 during 2011. The job cost sheet listed the following: Direct materials $44,000 Direct labor

Damm [24]

Based on the direct materials, the direct labor, and the manufacturing overhead, the cost of finished goods on hand is $33,600.

<h3>What is the cost of finished goods on hand for this job?</h3><h3 />

Cost of goods on hand is:

= Cost of goods per unit x Number of goods on hand

Cost of goods per unit is:
= (44,000 + 24,000 + 16,000) / 3,000 units

= $28 per unit

Cost of goods on hand:

= 28 x (3,000 - 1,800)

= $33,600

Find out more on finished goods at brainly.com/question/26764271.

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3 0

2 years ago

Certain adjusting entries made at the end of an accounting period are reversed at the beginning of the following period Required

frutty [35]

Answer:

No reversing entry is needed as they are all posted correctly

Explanation:

1. Rent Expense 1,000 Prepaid Rent 1,000

This entry is correct because it rent had been prepaid, then the entry would have been to debit 'Prepaid Rent'and credit Cash/Bank. However at the end of the period when rent is accrued, you debit 'rent expense' and credit 'prepaid rent'

2.Taxes Expense 1,750 Taxes Payable 1,750

This entry is correct because at the end of the period when Tax is accrued, you debit 'Tax expense' and credit 'Tax payable' because tax is always paid much later in a future period not the current period

3. Deferred Rent Revenue 1,550 Rent Revenue 1,550

This entry is correct because at the end of the period when rent income is earned, but has been paid for before: you debit 'Deferred Rent Revenue' and credit 'Rent Revenue' because (at least a portion of) the deferred rent revenue is now earned.

4. Salaries Expense 150 Salaries Payable 150

This entry is correct because at the end of the period when Salary is accrued, you debit 'Salary expense' and credit 'Salaries payable'

6 0

2 years ago

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