Liability because she didn't have the vehicle in a collision...
Answer:
Net cash used by investing activities -$16,000
Explanation:
The computation of the amount of net cash provided or used by investing activities is shown below:
Equipment purchase for cash -$66,000
Proceeds from the sale of equipment $50,000
Net cash used by investing activities -$16,000
The purchase is a cash outflow so it is in negative sign while the sale is cash inflow so it is to be shown in a positive sign
As we look into the future the traditional purchasing approach will be transformed into E-sourcing.
<h3>What is E-sourcing?</h3>
- The typical seven-step sourcing procedure can be used with a number of e-Sourcing solutions.
- The procedures are the same whether e-sourcing software is used or not.
- The distinction is in how you carry out each action.
- You should choose the tools as a category manager or sourcing specialist that are most compatible with your company's goals.
- It takes considerable knowledge of every tool in the toolbox to know which tool to use when. E-sourcing tools are placed beneath the relevant steps in the sourcing process below.
- Simply put, e-Sourcing is a group of digital tools that aid in streamlining, streamlining, and improving the strategic sourcing activities and procurement processes carried out by the procurement team of an organization.
Hence, As we look into the future the traditional purchasing approach will be transformed into E-sourcing.
learn more about e-sourcing click here:
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Answer: Narrative Writing
Explanation:
Answer:
Item cash Net income
a Purchase of Supplies of cash -$100 -
b Adjusting entry for use of supplies - -$30
c Made sales on account - $1,250
Or
Made sales on account - $1,297
d Received cash from customer on acct $850 -
Or
Received cash from customer on acct $865 -
e Purchased equipment for cash -$2,600 -
Or
Purchased equipment for cash -$2,528 -
f Depreciation of building to be recorded - -$650
Or
Depreciation of building to be recorded - -$610
