1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Basile [38]
1 year ago
15

The credit balance in cash short and over at the end of an accounting period is reported as?

Business
1 answer:
AVprozaik [17]1 year ago
7 0

The credit balance in cash short and over at the end of an accounting period is reported as an expense on the income statement.

Income is the consumption and savings opportunity that a business captures within a specific time frame, usually expressed in money. Income is difficult to define conceptually and definitions vary by region.

The definition of income is the amount of money received by an individual, group or business during a specified period. An example income is an annual salary of $70,000.

Income is money received by an individual or business in return for providing work, producing goods or services, or investing capital. While individuals usually earn their income through wages or salaries, businesses generate income from the sale of goods or services that exceed their production costs.

Learn more about income here:brainly.com/question/25745683

#SPJ4

You might be interested in
a client undergoes personalility changes and has difficulty with voluntary activities. the client is diagnosed with a brain tumo
Shalnov [3]

Answer:

3. Frontal Lobe

Explanation:

Based on the information provided within the question it can be said that in this scenario the client is diagnosed with brain tumor which the nurse indicates as being located in the Frontal Lobe. The nurse knows this immediately due to the fact that the Frontal Lobe is the part of the brain that concerns personality, behavior, emotions, and intellectual function. Since the client has undergone personality changes then it can be deduced that the tumor is located in the Frontal Lobe.

7 0
3 years ago
Which of the following actions would cause a decrease in the level of reserves in the banking​ system? A. The FOMC instructs the
den301095 [7]

Answer:

E. The FOMC instructs the NY trading desk to sell government bonds on the open market.

Explanation:

FOMC The Federal Open Market Committee is charged under US Laws.

This is controlled through transactions of FOMC,

When Federal Committee (FOMC) purchases bonds from open markets then there is an instant increase in level of reserves in the banking system.

Thereafter, the sale by Federal Committee in the open market tend to decrease the level of reserves in the banking system.

This is directly related to the reserve level.

5 0
3 years ago
Knight Inventory Systems, Inc., has announced a rights offer. The company has announced that it will take three rights to buy a
bekas [8.4K]

Answer:

a. Are the stock and the rights correctly priced on the ex-rights day?

stock price at ex-right = [(3 x $80) + $53] / 4 = $73.25

cost of ex-right = $80 - $73.25 = $6.75

the rights are underpriced since they are sold at $2, and they should sell at $6.75

b. Describe a transaction in which you could use these prices to create an immediate profit.

You can purchase 3 rights at $6 and then pay subscription price ($53) and you would have an stock at $59. Your profit = $65 - $59 = $6 per stock.

3 0
3 years ago
Identify her/his entrepreneurial qualities and support your answer based on what you observed
marusya05 [52]

<span>The main qualities of real entrepreneur are:
1) spiritual freedom and energy;
2) willpower;
3) ability to effectively negotiate and convince partners and customers;
4) organizational skills;
5) determination and willingness to situations of risk.</span>

<span>
</span>

4 0
3 years ago
Consider to communities: Alpha and Omega. Alpha has 10 residents, 5 who earn $60,000 and 5 who earn $20,000. Omega also has 10 r
ryzh [129]
5 is equal to 90.000 that is how I know my answer, hope this helps
4 0
3 years ago
Other questions:
  • In the context of foreign market entry, ________ requires no equity investment and thus has a low risk, low rate of return, and
    14·2 answers
  • Another name for the business level of the organization is the __________ level of the organization
    12·2 answers
  • Four friends plan to form a corporation for purposes of constructing a shopping center. Charlie will be contributing the land fo
    12·1 answer
  • Over the past decade, medical costs have increased more rapidly than other prices. In order to illustrate how rising medical cos
    15·1 answer
  • The Francis Company is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected
    15·1 answer
  • Coronado Company's records indicate the following information for the year:
    12·1 answer
  • Income can be earned through: <br>- A permanent job<br>- A seasonal job<br>- All of the above​
    9·1 answer
  • The standard predetermined overhead rate used in setting the standard overhead cost is determined by dividing Group of answer ch
    13·1 answer
  • In September, you made a profit of $5,456,963 with expenses of $2,456,654. What was your total revenue?
    8·2 answers
  • when the fed buys government bonds, group of answer choices the money supply decreases and the federal funds rate decreases. the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!