Answer:
a.
Explanation:
Operating Activities records the cash transactions involved in the operations of the business are recorded under ‘operating activities’ in the cash flow statement.
Examples: Revenue earned, expenses incurred etc.
There are two methods to prepare the cash flow statement. The only difference between both the methods is the way of presenting cash flow from operating activities.
The two methods of presenting cash flow statement are:
- Direct method: Operating activities section under direct method reports the amount of cash received and paid by the company during the period.
- Indirect method: Operating activities section under indirect method reports the net income and later adjusts the transactions to convert it to cash basis of accounting.
Depreciation expense is a non-cash operating expense. Thus, it is added back to the net income to derive net cash inflow from operating activities section of the cash flow statement.
Explanation:
1. gate pass
2. stock card
3. stock requisition form
4. delivery note
5. stock order form
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Answer:
$14,900
Explanation:
not-for-profit organization will report the investments at the fair value of the investments end of year, in the year-end statement of financial position.
Here,
Investment Fair value (end of year)
Stock A (100 shares) $51
Stock B (200 shares) $49
Stock A = (100 * 51) = $5,100
Stock B = (200 * 49) = $9,800
Total Investment fair value at end of year = $14,900
$14,900 will be the amount reported in stock investments in the year-end statement of financial position.
Answer:
."Balance" the accounting equation by increasing expenses.
Explanation:
If an organization wants to manipulate its accounting records so that it could conceal their fraud so the best way is to balance the accounting equation by increasing the expenses so no one can judge it and they can fulfill their objective
Here,
Accounting equation is
Total assets = Total liabilities + stockholder equity
The company increases their expenses with a motive to earn high income and wants to hide it by this method
So in the given case, the same method is applied
Answer:
Explanation:true cause more workers more production
