Answer:
Begining Cash 40,000
receipts from sales 255,000
payment to supplies (104,500)
payment of wages (40,000)
other cash expenses<u> (60,000) </u>
Ending Cash 90,500
Explanation:
raw materials disbursment for the month of september
80,000 x 35% = 28,000 for August purchases
110,000 x 65% = <u> 71,500 </u>for September purchases
Total payment 104,500
the depreciation and accrued expenses along with the interest payable (which are also a accrued expense) will not be included as they don't represent neither a cash inflow nor outflow.
The Current assets are listed on a balance sheet by order of liquidity i.e in the order of the amount of time it would usually take to convert them into cash.
n accounting terms, current assets are those assets that can reasonably be expected to be sold, consumed, or exhausted in the ordinary course of business of the company during the current fiscal year or operating cycle or fiscal year.
Current assets represent the value of all assets that can reasonably be expected to be converted into cash within one year. 1 Working capital is segregated from other resources. This is because companies rely on working capital to finance their ongoing operations and pay their current expenses.
Current assets are assets that can be converted into cash within one year. B. Short Term Investments and Accounts Receivable. Fixed assets are long-term assets with full value that can only be realized after one year, such as B. Fixed Assets and Machinery.
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Answer:
result i dont what its mean but i know its answer
Explanation:
Answer:
B) Demand-pull inflation will continue so long as there is excess spending in the economy
Explanation:
Answer: The Option "d.returning inventory that is defective or broken" is NOT an example of safeguarding inventory.
Explanation: If we analyze the statements:
a.physical devices such as two-way mirrors, cameras, and alarms - These are all tools intended for protection against possible inventory theft.
b.storing inventory in restricted areas - Restricting access only to inventory-enabled personnel is able to protect the inventory much more than if anyone can access it.
c.matching receiving documents, purchase orders, and vendor's invoice - Controlling each of the purchase documents and performing the physical count reduces the possibilities of inventory differences for losses or errors.
d.returning inventory that is defective or broken - Returning the defective inventory is a post-echo action that occurred due to the unprotection of the inventory, therefore it could not be referred to as an example of inventory protection.
