Evaluatimg the situation from all perspectives
Answer and Explanation:
The Preparation of company's cash budget is shown below:-
Beginning cash balance $21,000
Add: Cash receipt $100,000
Total cash available $121,000
Less: Cash disbursement $99,000
Excess of cash available
over disbursement $22,000
Add: Borrowings $33,000
Cash balance, ending $55,000
Answer:
5750
Explanation:
from what I'm gathering, the retained earnings is what they have (1000), the INCOME is (5000) so 1000+5000=6000 but a dividend is a "negative" aspect so 6000-250=5750
Answer and Explanation:
The journal entry to record while receiving the note is shown below:
Notes receivable Dr. $14,000
To Accounts receivable $14,000
(Being receiving of the note is recorded)
Here the note receivable is debited as it increased the assets and credited the account receivable as it decreased the assets
The same is to be considered
The answer is reserve ratio.
The Federal Reserve in the United States sets the minimum amount of cash that each bank must hold, known as the reserve ratio.
In the past, the reserve rate of bank deposits has varied between 0% and 10%.
The minimal amount of cash that financial institutions must keep on hand in order to comply with central bank standards is known as bank reserves.
The bank must store this actual paper money in a vault on the property or in an account with the national bank.
The purpose of the cash reserve regulations is to make sure that every bank has enough cash on hand to handle any significant and unforeseen demand for withdrawals.
Hence, The term reserve ratio describes the proportion of deposits that the bank must hold in the form of reserves that are not loaned out or invested in bonds.
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