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1 year ago

If the cash budget showed a projected cash shortage, the company would most likely

1 answer:

8 0

If the cash budget showed a projected cash shortage, the company would most likely c. arrange to borrow the necessary cash for that period.

In the field of business, companies face situations where there is a shortage in revenue. This may happen due to a new strategy implementation or due to a new project being launched due to which cash shortage in the company.

When a company faces a situation where there is a cash shortage, the company then takes a loan or borrows some money for that time being. Usually, if the money that is to be borrowed is in a large amount, then a contract is to be made, and signatures are taken from both parties.

When a cash budget is short, the company has no option but to borrow money in order to keep the process going.

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A classic statement regarding project termination and closeout is, "The termination of a project is:

Kay [80]

Answer: a project

Explanation:

A classic statement regarding project termination and closeout is that the termination of a project is a project. This is because during the project termination stage, many other things are still being done. Project termination stage in a project occurs after the completion of the implementation phase whereby the project deliverables have been given to the client.

The main purpose this stage is to know how well the project team has performed, and also to learn lessons for future purpose. During the project termination and closeout, a final project status report will be prepared and every significant variances has to be explained here after which a project review will be done with the stakeholders and the client. So, the project termination and closeout phase is actually another work on its own.

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3 years ago

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Answer:

Trinity College sold 8 Games of ticket in $400,000

Till October 31 the game sorted out = 5 for example (2+3)

Measure of unmerited income on October 31

Unearned ticket revenue = (Amount received in advance × remaining month) / total month

Unearned ticket revenue = ($400,000 × 3) / 8

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Adjusting Journal entry on October 31:

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3 years ago

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On January 1, Year 1, Chaco Company sold $300,000 of 10% twenty-year bonds. Interest is payable semiannually on June 30 and Dece

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Answer:

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The interest expense is calculated by these formula

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3 years ago

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Answer:

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3 years ago

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