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sweet-ann [11.9K]
3 years ago
15

What adjustments would need to be made in the Operating Section of the statement of cash flows prepared under the indirect metho

d to account for the changes in the Accounts Payable and Accrued Expenses account balances for Google?
Business
1 answer:
irinina [24]3 years ago
5 0

Explanation:

You will have to compare the Accounts payable of the <em>current and previous year,</em> and check the diference.

If the current year Account Payable is higher then the previous year, this means Google didn't pay as much, so it "save" cash for that diference so the diference will be positive.

If the opposite ocours, then Google pay more than previous year, so the diference will be posted as negatinve in the cash flow statment.

Accrued Expenses for this account, when doing the comparrison, if current is higher this means Google didn't pay as much expenses as it should be, so it save cash, the diference will be posted as positive.

If the actual is smaller, then Google pay more and the diference is posted as negtive.

Resuming, compare current with previous for each account,

  • when current is higher then adjustment is positive (save cash)
  • when previous is higher then adjustment is negative(use cash)
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Which of the following is the pursuit of the highest standard for what we should believe?
Paul [167]

Answer:

D) Theoretical reason

Explanation:

Theoretical reason is the pursuit of truth, knowledge and wisdom. It is the reason that  leads to cognition. According to this belief, science is the ultimate means to truth. By following theoretical reason, we are in search of the highest standard for what we should believe and live by.

4 0
3 years ago
The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12200 gallons of direct materials that a
Anika [276]

Answer:

$8,800 favourable

Explanation:

The computation of direct material quantity variance is seen below;

= Standard price × ( Standard quantity - Actual quantity)

= $4 × [(2 gallons × 7,200 units) - 12,200 gallons)

= $4 (14,400 gallons - 12,200 gallons)

= $4 × 2,200 gallons

= $8,800 favorable

Therefore, the direct materials quantity variance for last month is $8,800 favourable

8 0
3 years ago
The relationship between the natural environment and business organizations can best be described as:_________
Marina86 [1]

The relationship between the natural environment and business organizations can best be described as <u>c. Interdependent.</u>

<h3>What is interdependence?</h3>

Interdependence describes a situation where two entities engage in exchanges for their continued sustenance.

Interdependence exists in many forms and between different organizations.

For instance, the natural environment of a business provides the resources that the organization requires for productivity and profitability.  

Similarly, the natural environment utilizes the products and services of business organizations for continued development.  Business organizations also protect the natural environment for their self-interest.

Thus, there is an interdependent relationship between the natural environment and the business organizations because one cannot exist sustainably without the other.

Learn more about the interdependence of the natural environment and business organization at brainly.com/question/23479668

#SPJ1

<h3>Question Completion with Answer Options:</h3>

a. A U-shape

b. Insignificant

c. Interdependent

d. Unconnected

6 0
2 years ago
A company issued 10-year, 9% bonds with a par value of $500,000 when the market rate was 9.5%. The company received $484,087 in
kobusy [5.1K]

Answer:

The Journal entries are as follows:

(1)

Cash A/c                                        Dr. $484,087

Discount on Bonds Payable A/c  Dr. $15913

To  Bonds Payable (a liability account)                    $500,000

(To record the first semiannual interest payment )

Workings:

Discount on bonds = 500,000 - 484,087

                                = 15,913

2.

Bonds payable A/c  Dr. $200,000

To Cash                                      200,000

(To record the amortization of any bond discount)

5 0
3 years ago
The legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond ______. This
N76 [4]

Answer:

indenture

Explanation:

a bond indenture is a legal document which summarizes the rights and privileges of bondholders as well as the obligations and commitments of the issuing company

a bond indenture would contain the following :

  1. The purpose why the bond was issued
  2. The stated interest rate of the bond
  3. The dates when interests would be paid to bondholders
  4. A list of covenants the issuer is subjected to in the period the bond is outstanding
  5. Actions that would be taken in event of non payment of interest and or principal  

3 0
2 years ago
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