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Ghella [55]
3 years ago
9

Assume the following information for Teal Mountain Corp.

Business
1 answer:
jek_recluse [69]3 years ago
3 0
He whew eh i’m like hehe good i’m how are you
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Capital assets used by an enterprise fund should be accounted for in the a. Business-type activities journal but no depreciation
Diano4ka-milaya [45]

Answer:

b. Enterprise fund and depreciation on the capital assets should be recorded.

Explanation:

Cash flow can be defined as the net amount of cash and cash- equivalents that is flowing into (received) and out (given) of a business. There are three components of the cash flow;

1. Operating cash flow: all cash generated from the business activities of an organization.

2. Financing cash flow: all payments made by an organization and profits from issuance of debts and equity.

3. Investing cash flow: costs associated with purchasing of capital assets and investments of cash resources in other businesses.

Capital assets used by an enterprise fund should be accounted for in the enterprise fund and depreciation on the capital assets should be recorded.

Additionally, depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.

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3 years ago
A government entered into a general government capital lease in the prior year. During the current year, a lease payment of $50,
m_a_m_a [10]

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Net increase in Capital Assets with amount of USD 38,000/-

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3 years ago
I’m tired of being broke! Help
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3 years ago
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An electrician charges $50 to make a house call and $40 for each hour worked. if you have $200, can you afford a repair that tak
Neporo4naja [7]
No, it would cost $210. 
Each hour charges $40. 4 hours alone is $160.
On top of that, calling the electrician is a flat rate of $50. In total, it would cost $210. 

More mathematically, you could set up an equation. 

(Price) = $50 + $40 * (hours) 

Then plug in 4 hours 

price = 50 + 40*4
= 50+160
= 210
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3 years ago
A document that analyzes the current marketing situation, opportunities and threats for the firm, marketing objectives in terms
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The marketing plan, which should include <em>specific plans</em> to deal with all opportunities and threats.

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