Answer:
Explanation:
Before passing the journal entry, first, we have to compute the over and short cash balance till date. The computation is shown below:
Ending cash balance = Opening cash balance + cash sales
= $150 + $988.62
= $1,138.62
And, the cash balance is $1,125.74
So, the remaining balance is $12.88 which represent short cash balance
The journal entry is shown below:
Cash A/c Dr $975.74
Short cash A/c Dr $12.88
To Sales A/c $988.62
(Being cash count recorded)
The left balance would be debited to the cash account
Programming Language Category.
Answer: $439,800
Explanation:
The financing activities of a firm are those that relate to the provision of capital to the business. This will therefore include long term liabilities and Equity transactions including Dividend payments.
The net cash provided (used) by financing activities = Proceeds from issuance of bonds payable (Inflow) - Dividends paid (Outflow)
= 499,900 - 60,100
= $439,800
Most people learn about money through school and family. Growing up you'll most likely occasionally see your family purchasing things with money. You as a curious child might as them. Another aproach to this question is through school. Most kids who go to school learn about money in kindergarten through 3rd grade. Hope this helped!
Answer: Financial Management.
Explanation: Financial management can be explained as the measures put in place by an organization to properly assign funds accordingly to areas where it is needed.
Financial Management makes use of financial information monitoring applications to track the cash flow to various areas of need in the organization.
The accounting department of the organization are in charge of finance management supervision.
