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topjm [15]
3 years ago
7

Under what section of the Statement of Cash Flows would you classify the purchase of equipment by issuing a long-term note payab

le? Multiple Choice Operating. Investing. Financing. Noncash activity.
Business
1 answer:
denpristay [2]3 years ago
7 0

Answer:

The correct option is d. Non cash activity

Explanation:

Operating Activity: The operating activity is that activity which records any changes ion the working capital or we can say increase or decrease in the currents assets and current liabilities.

Investing Activity: The investing activity records all those transactions which are related to the purchase and sale of fixed assets

Financing activity: It records those transactions which is for the long term i.e issue of shares, the redemption of debentures, etc.

All these three activities are term as cash activities because it includes cash transactions.

So, in the given question it is mentioned that the purchase of equipment by issuing a long-term note payable which is a non-cash activity because it does not have any cash transaction. It does not affect the cash balance.

Thus, under non-cash activity, we classify the purchase of equipment by issuing a long-term note payable

Hence, the correct option is d. Non-cash activity

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A document that describes the following items would be most likely called a :_________.
bazaltina [42]

Answer: a. Customer Persona

Explanation:

A customer persona simply refers to information relating to the life of a person. It includes their demographic information such as their gender, age and marital status and it includes some psychographic information as well such as personality.

Customer personas help marketers group people and their buying behavior so that they can be better targeted for the goods and services being sold based on their demographic and psychographic information.

3 0
3 years ago
The $1,000 par value bonds of uptown tours have a coupon rate of 6.5 and a current price quote of 101.23. what is the current yi
Paul [167]

Hello, to get the current yield of the bond, determine first the<span> annual interest payment which is calculated as stated interest rate times the face value of the bond. In this question, the bond’s value is $1,000 and the stated interest rate is 6.5 percent, therefore, the annual interest payment is 65. Finally, the annual interest payment of 65 is divided by the current market price quote of 101.23 to get the current yield of 64.21%. Hope this helps.</span>

4 0
3 years ago
Journal Entries and Trial Balance
brilliants [131]

Answer:

Heavenly Realty Journal entries can be found in the attached file

Explanation:

Dr Bank with $25,000

Cr. Capital Stock with $25,000

(being Faith Schultz transferred cash in exchange for Capital stock)

Dr. Rental of Office & equipment with $4,510

Cr. Bank with $4,510

(Being Rental costs for Office and Equipment)

Dr. Supplies with $1,330

Cr. Accounts Payable with $1,330

(Being cost of purchased supplies)

Dr. Supplies Expense with $740

Cr. Supplies with $740

(Being cost of supplies used)

Dr Accounts Payable with $490

Cr. Bank with $490

(being payment to Creditors)

Dr. Cash with $20,500

Cr. Sales commission with $20,500

(Being Sales Commission received)

Dr. Automobile Expense with $1,250

Dr. Miscellaneous Expense with $840

Cr. Bank with $2,090

(being  payment for automobile expense, rental charges & Miscellaneous expense)

Dr Office Salaries with $2,620

Cr. Bank with $2,620

(Being Payment for Office Salaries)

Dr Dividend with $1,210

Cr Bank with $1,210

(Being payment of Dividend)

6 0
3 years ago
"when buying or selling a futures contract, the trader commits what amount of funds"
Nadusha1986 [10]
When buying or selling a futures contract, the trader commits what amount of funds the amount of the initial margin. A futures contract is a legal agreement to buy or sell assets, mainly commodities, at a set price but it will be delivered and paid for later. Based on the definition of a futures contract, the trader will have to commit to the initial amount that was set to be traded when the legal agreement was made. 
8 0
3 years ago
What is a good way to use a cover letter to start a two-way conversation with a potential employer?.
Cerrena [4.2K]

A good way to use a cover letter to start a two-way conversation with a potential employer is:

  • Demonstrate excitement for the business.
  • Accentuate a shared link.
  • Start with a noteworthy accomplishment.
  • Bring up a noteworthy topic.
  • Show enthusiasm for what you do.
  • Tell a unique tale.
  • Start with a statement of belief.

<h3>What is a cover letter?</h3>
  • A letter of introduction that is connected to or is included with another document, such as a resume or curriculum vitae, is known as a cover letter, cover letter, inspiration letter, motivating letter, or letter of motivation.
  • You should address two primary points in your cover letter: why you are the ideal candidate for the position, and why you are enthusiastic about working for the organization.
  • Your cover letter should primarily consist of factual information without any filler or stereotypes.

A good way to use a cover letter to start a two-way conversation with a potential employee:

  • Demonstrate excitement for the business.
  • Accentuate a shared link.
  • Start with a noteworthy accomplishment.
  • Bring up a noteworthy topic.
  • Show enthusiasm for what you do.
  • Tell a unique tale.
  • Start with a statement of belief.

Therefore, a good way to use a cover letter to start a two-way conversation with a potential employer is:

  • Demonstrate excitement for the business.
  • Accentuate a shared link.
  • Start with a noteworthy accomplishment.
  • Bring up a noteworthy topic.
  • Show enthusiasm for what you do.
  • Tell a unique tale.
  • Start with a statement of belief.

Know more about a cover letter here:

brainly.com/question/3602860

#SPJ4

3 0
1 year ago
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