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True [87]
4 years ago
5

In calculating the daily balance, cash advances are

Business
2 answers:
Marizza181 [45]4 years ago
8 0
A. Sometimes adding in.
Alex73 [517]4 years ago
5 0

Answer:

B. Always added in

Explanation:

While calculating the daily advance, the cash advances are always added because there is a security that the company would receive the cash in a specified period of time. Plus, it does not create any liability.  

And, since advance cash is received which result in an increase in cash balance so it would be added in the daily balance computation part

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2 years ago
While Aros Inc. incurs a cost of $20 for a pair of shoes, Shoes Cult Inc., its competitor, manufactures a pair of shoes at $22.
Marat540 [252]

Answer:

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