Answer:
Company should borrow = $15200
Explanation:
Below is the calculation for the borrowing amount:
Cash balance at the beginning = $18600
Add - Cash receipts = 186000
Less- Cash disbursements = (189200)
Budgeted cash balance = 18600 + 186000 - 189200 = 15400
Borrowing will be = Ending cash - 15400
Borrowing will be = 30600 - 15400
Borrowing will be = $15200
Company should borrow = $15200
Learning.
Or at least I believe so. Are there multiple choice?
Answer:
returning inventory that is defective or broken
Explanation:
Inventory reffered to as set of finished goods/ products as well as other goods that are used in production. It is regarded as current asset on the balance sheet of a company. Inventory safeguarding is very essential in a company to keep them safe, there are some ways in which this can be done.
With the aid of technology such as security cameras which can record any form of theft, door alarms and others can protect inventory from both external/internal threats. Some of thers common examples for safeguarding inventory are;
✓storing inventory in restricted areas
✓physical devices such as two-way mirrors, cameras, and alarms
✓matching receiving documents, purhcase orders, and vendor's invoice
Answer: b. an asset for the bank and a liability for Kellie's Print Shop. The loan does not increase the money supply.
Explanation:
Banks make money by loaning out money to people and companies. This means that loans are an asset to banks because it enables them to generate cash.
Kellie's Print Shop will have to pay back to loan however which means that it is a liability to them because they owe the bank.
This loan will not increase the money supply because if not explicitly stated that it does, we assume that the loan was made from bank deposits by other bank customers which means that it is already part of the money supply.
