All categories

1 year ago

A decrease in notes payable _ cash and an increase in accounts payable_ cash

Business

1 answer:

Andrei [34K]1 year ago

7 0

A decrease in notes payable increase cash and an increase in accounts payable decrease cash.

Money owed payable is money owed through an enterprise to its suppliers shown as a legal responsibility on a corporation's stability sheet. it's miles wonderful from notes payable liabilities, which might be money owed created by means of formal prison tool files.

If a take a look at or cash order is made payable to you, it has your call written on it to indicate that you are the person that will acquire the money.

Accounts payable (AP) is an accounting time period used to explain the money owed to carriers or suppliers for goods or services bought on credit score.

Learn more about payable here brainly.com/question/25148915

#SPJ4

You might be interested in

Hypothetical Country has $120 in currency, $280 in reserves, and $900 in deposits. There are no excess reserves. Use this inform

Colt1911 [192]

Answer:

Reserve ratio = 31.11%

Currency drain ratio = 13.33%.

Explanation:

Reserve ratio = Reserves/Deposits = $280/$900 = 0.3111, or 31.11%

Currency drain ratio = Currency/Deposits = $120/$900 = 0.1333, or 13.33%

Therefore, reserve ratio is 31.11%, and currency drain ratio is 13.33%.

4 0

3 years ago

what is the connection, if any, between comparative advantage (ca) and foreign direct investment (fdi)?

Yuliya22 [10]

CA has nothing to do with FDI. Countries often engage in FDI in industries where the country they invest in has a comparative disadvantage.

When a nation's businesses make investments abroad, it promotes comparative advantage CA in the same sector at home.

What is comparative advantage -

The ability to create goods and services at a lower opportunity cost, not necessarily at a higher volume or quality, is referred to as having a comparative advantage.

What is FDI-

An entity based in another country makes an investment in the form of controlling ownership in a company in another country. This investment is known as a foreign direct investment (FDI).

Learn more about CA and FDI here:

brainly.com/question/16412026

#SPJ4

6 0

6 months ago

Determining Cash Flows from Financing Activities Nichols Inc. reported the following amounts on its balance sheet at the end of

avanturin [10]

Answer:

Explanation:

First of all we will perpare the T-Accounts for the identification of shares issued and dividend paid during the year as follows :

Share Capital And premium Account

Opening Balance -105000

Closing Balance 164000

Shares Issued 59000

Retained Earnings

Opening Balnce 376750

Net Income During the Year 96100

Closing Balance -455490

Dividend Paid Balancing figure 17360

Now We will Draft the inancing section of the statement of cash flows.

Cash flow from investing Activities

Issuance of shares 59000

Dividend Paid -17360

Net cash from finance activity 41640

5 0

3 years ago

Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $2,000,000 (200,00

vivado [14]

Answer:

b. $750 per direct labor

Explanation:

Calculation for the what was the predetermined overhead rate

Using this formula

Predetermined overhead rate=Factory overhead / Direct labor hours

Let plug in the formula

Predetermined overhead rate=$1,500,000/$200,000 hours

Predetermined overhead rate= 7.5*100

Predetermined overhead rate=$750 per direct labor

Therefore the predetermined overhead rate will be $750 per direct labor

3 0

2 years ago

taneeka borrowed 12,000 for a car for 6 years at an APR of 7.25% her monthly payment will be $206.03 true or false

GalinKa [24]

Answer:

The actual monthly payment is $206.08, which is slightly higher than the value given in the question, therefore, the given statement is not true.

Step by Step Explanation:

We have been given the loan amount as $12,000, term of loan as 6 years and annual interest rate as 7.25%.

Let us first find the monthly payment for this data, and then we can compare it with the given data to answer the given question.

We know that EMI formula is given as $C=\frac{P\cdot r\cdot (1+r)^{n}}{(1+r)^{n}-1}$

Upon substituting the given values.

$C=\frac{12000\cdot \frac{0.0725}{12}\cdot (1+\frac{0.0725}{12})^{72}}{(1+\frac{0.0725}{12})^{72}-1}\\C=\frac{12000\cdot 0.0060416666\cdot (1+0.0060416666)^{72}}{(1+0.0060416666)^{72}-1}\\C=\frac{12000\cdot 0.0060416666\cdot (1.0060416666)^{72}}{(1.0060416666)^{72}-1}\\C=206.076\\$

Therefore, the monthly payment is $206.08.

8 0

3 years ago

A decrease in notes payable ___ cash and an increase in accounts payable___ cash

A decrease in notes payable _ cash and an increase in accounts payable_ cash