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Sever21 [200]
2 years ago
15

During the month of February, Rubio Services had cash receipts of $7,900 and cash disbursements of $9,400. The February 28 cash

balance was $2,600. What was the February 1 beginning cash balance?
Business
1 answer:
Nana76 [90]2 years ago
7 0

Answer:

The begining cash balance = $4100

Explanation:

Given:

Cash receipts = $7900, Cash disbursements = $ 9400, Ending cash balance = $2600.

<u>To find out the cash balance at the begining of the month, the following is to be used </u>

Begining Cash balance = Ending cash balance + cash disbursements - cash receipts

Putting the given figures in this we get,

Begining Cash balance = $2600 + $9400 - $7900

                                      = $4100

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Geraths Windows manufactures and sells custom storm windows for three-season porches. Geraths also provides installation service
defon

Answer:

July 1

No Entry

Sep 1

Dr Cash $2,000

Dr Accounts Receivable $400

Dr Cost of goods sold $1,100

Cr Inventory $1,100

Cr Unearned Service Revenue $554

Cr Sales Revenue $1,846

Oct 15

Dr Cash $400

Dr Unearned Service Revenue $554

Cr Service Revenue $554

Cr Accounts Receivable $400

Explanation:

Preparation of the journal entries for Geraths in 2020.

July 1

No Entry

Sep 1

Dr Cash $2,000

Dr Accounts Receivable $400

($2400-$2000)

Dr Cost of goods sold $1,100

Cr Inventory $1,100

Cr Unearned Service Revenue $554

($600/$600+$2000*$2400)

Cr Sales Revenue $1,846

($2,000/$600+$2000*$2400)

Oct 15

Dr Cash $400

($2400-$2000)

Dr Unearned Service Revenue $554

Cr Service Revenue $554

($600/$600+$2000*$2400)

Cr Accounts Receivable $400

($2400-$2000)

5 0
3 years ago
okay so my attendance is REALLY bad in high school ( I’m a junior rn) like all 3 years my attendance has been lacking &amp; is t
Lana71 [14]

Answer:

Not unless your grades reflect that i think you should be okay

Explanation:

5 0
3 years ago
Read 2 more answers
Money functions as a store of value if it allows you to:
fenix001 [56]

Money is called a store of value because it allows us to:

  • Save
  • Allocate capital
  • Have confidence in money

When money is a store of value, it means that it is capable of being held such that it can increase our wealth and net worth. This is why it can be saved and used as a means of capital.

When money is a store of value, we have confidence in its ability to be used to carry our wealth into the future.

In conclusion, money being a store of value means that we have confidence in it.

<em>Find out more about the </em><em>functions </em><em>of </em><em>money </em><em>at brainly.com/question/3182649. </em>

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2 years ago
Nissan has flexible agreements with its suppliers and transporters to accommodate unexpected surges in demand without disruption
dalvyx [7]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Product development and commeercialization.

b) Supplier-relationship management.

c) manufacturing flow management.

d) Returns management.

The correct answer is the option B: Supplier-relationship management.

Explanation:

To begin with, in the business management field the concept known as "Supplier-relationship management" refers to the system used by the managers of a company with the purpose of improving the relationships specifically with the suppliers of it, therefore that it seeks for the better arrengements with them and how to develop better strategic ways of improving both parties benefits in their contracts. That is why that the SRM is focus on maximizing the value of the interactions between the company and its suppliers so therefore that the case presented by Nissan is related to the process of using an excellent SRM.

6 0
3 years ago
Amanda has $150 to spend. If she buys 8 gallons of paint, does she have enough money left to buy 2 pints of paint thinner?.
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Answer:

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Explanation:

4 0
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