Answer:
Cash available will increase.
Explanation:
<u>Decrease in of Account Receivable in terms of cash:</u>
The company will collect quicker from his customers. Theerfore the collection cycle will decrase and more cash will be available for use
<u>Increase of Account Payable in terms of cash:</u>
The company will delay payment for longer period of time. The payment cycle will increase. Less cash will be used as the obligation are settle in longer periods
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<em>Overall:</em>
The combined effect will increase cash available, as the cash inflow increase form the reduced collection cycle. And also, the cash outflow decrease from the increase in the payment cycle
Answer:
A. Unrealized Holding Loss - Trading 3,400
Fair Value Adjustment - Trading 3,400
Explanation:
Since this investment is classified as a trading investment, any change in its fair market value must be included in their income statement. The appropriate journal entry should be:
Dr Unrealized loss on trading security 3,400
Cr Debt investments 3,400
This will decrease the carrying value of the debt investments in the balance sheet and the loss will be included in the 2019 income statement. The fair value adjustment account normally has a credit balance since it decreases the carrying value of the investment account.
I don't know your scenario, but I can give an example for discussing federalism, and hope that it will be helpful to you!
The main effect that the the division of power between the federal and state governments has on its citizens is that the lives of the citizens differ depending on the state they live in.
Let's take the death penalty: people living in a state with this penalty can fear being falsely condemned to it (happens often!) and the people who live elsewhere don't need to fear it.
Also, let's take possesion of small amounts of marihuana: a person would be punished differently for it, depending on the state they live in.