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Licemer1 [7]
3 years ago
12

When a transfer is made between cash and cash equivalents with no gain or loss, how is the transaction treated in the statement

of cash flows? Multiple Choice It is not reported. It is included as an investing activity. It is included as a noncash financing activity.
Business
2 answers:
WITCHER [35]3 years ago
8 0

Answer:

It is not reported

Explanation:

when there is a transfer of cash or its equivalent and there is no gain or loss, there is a break even. it can't be said that there has been a transaction between both parties hence such exchange is not reported in the statement of cash flows

A non cash financing activity is a financial activity that doesn't have a direct effect on cash flows, it is usually a long term kind of investments and they are always recorded at the bottom of the statement of cash flows of a company such long term investments include : assets , liabilities and equities.

statuscvo [17]3 years ago
6 0

Answer: The correct answer is "It is not reported.".

Explanation: When a transfer is made between cash and cash equivalents with no gain or loss, the transaction is not reported in the statement of cash flows because it does not represent a true change in cash flow since it does not produce profits or losses.

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Which of the following are reasons the aggregate demand curve is downward sloping? Check all that apply.
krek1111 [17]

Answer:

1) A higher price level decreases the real value of consumers' assets.

2) A lower price level makes domestically produced goods less expensive than foreign goods.

Explanation:

The aggregate demand curve represents the number of demands of the goods and services at various price levels. The downward sloping of the demand curve indicates that with the dropping of the price level of a commodity, the demand increases. At the same time, the national income increases as the result of the dropping of the price. There are three reasons why the aggregate demand curve is downward sloping. The reasons are wealth effect, interest-rate effect, and net exports effect.

6 0
3 years ago
The British government increased the national debt from $75 million to $133 million by borrowing from ________ and British banke
Tpy6a [65]

The British government borrowed from the Dutch and British bankers and this increase its national debt from $75 million to $133 million.

<h3>What is a national debt?</h3>

This means the total amount of all debts owed by the government of a country.

These debt are used to service infrastructure, cater expenditure when there are insufficient revenue to cater for such.

Therefore, the British government borrowed from the Dutch and British bankers.

Read more about national debt

<em>brainly.com/question/4371750</em>

8 0
2 years ago
Which of the following is true about avoiding discrimination?
Ivan

If preventing discrimination would cause undue hardship, reasonable accommodations will be made. The correct response to the question is option (d).

<h3>What is discrimination?</h3>

Discrimination is the practice of treating someone unfairly based on the groups, classes, or other categories to which they nominally or tacitly belong. Due to a person's race, gender, age, religion, sexual orientation, or any other characteristic, they may be treated unfairly. Discrimination based on race and national origin is presently the most prevalent sort of prejudice.

Discrimination typically takes four different forms:

• Discrimination in the open. This entails treating one individual less favorably than another due to a protected feature.

• Unintentional discrimination

• Harassment

• Victimization

To know more about discrimination, visit:

brainly.com/question/14896067

#SPJ1

8 0
1 year ago
Heres another one here ya go
shusha [124]
Girll dont show ur face you never know what could happen
3 0
2 years ago
List the steps of the accounting cycle in their proper order.
Vlad [161]

Answer:

The accounting cycle is all about managing,updating and reporting on the firm's accounts.

Explanation:

The accounting cycle can be listed in the following nine steps as:

  • Step 1: analyzing transactions  as sales, purchase,etc
  • Step 2: All the transactions need to be recorded
  • Step 3: All the information should be transferred from journal to the ledger
  • Step 4: An unadjusted trial balance should be formulated
  • Step 5:Adjusted entries are prepared
  • Step 6: An adjusted trial balance is constructed
  • Step 7: a financial statement is prepared
  • Step 8: Closing entries are prepared
  • Step 9: The post closing trial balance is prepared

3 0
2 years ago
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