Answer:
The amount of checks outstanding at the end of the period
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
It records the sources of cash, uses of cash, changes in the cash balance, etc.
Checking account is the type of account
That statement is true
Curvilinear cost is an irregular cost that <span>increases at different rates as the output increases. For example: Labor cost that is paid hourly
When the amount of work/output is increased, employees need more hour to finished the jobs, which will increase the overall labor cost</span>
Answer:
C. The company will recognize $5000 of revenue in year 1 and $5000 of cash flow from operation in year 2
Explanation:
As, the company is using accrual based accounting, that means that if the services are rendered the company needs to record the revenue regardless of the company is getting cash or not. So, in year 1 the company provided $5000 of services. The company will record $5000 of revenue in its income statement in year 1. But the thing is, company is not getting cash in year 1. Guadalupe is getting cash in year 2. company record the inflow and outflow of cash in cash flow statement when there is actually the cash transaction involved.
Cash inflow in year 2. so, $5000 of cash flow from operation in year 2.
Answer:
The correct answer is (C)
Explanation:
Georgette and Ted both have different leadership styles, Georgette uses competitive style which is aggressive and assertive in communication. Likewise, ted has a different leadership style which is accommodative. Ted is cooperative and friendly which is why whenever they fight he try to calm things down, so he wants her to be happy.
