Answer and Explanation:
The preparation of the cash budget for the month of March ended is presented below:
Cash Budget
Particulars Amount ($)
Opening Cash Balance 72,000
Add: Cash Receipts from Sales 300,000
Total Cash Available 372,000
Less:
Cash Payments
Purchases 140,000
Salaries 80,000
Cash Expenses 45,000
Repayment of Bank Loan 20,000
Total Payments -285,000
Closing Cash Balance 87,000
We simply deduct the all payments from the total cash available so that the ending balance of cash could come
Answer:
D. order qualifiers
Explanation:
Order qualifiers -
It refers to the process by which the internals operational capabilities are turned into criteria , which me turns out to advantage in market , is referred to as order qualifier .
The term was given by Terry Hill , the professor from the London Business school .
It refers to the minimum level of performance .
Hence , from the given information of the question,
The correct term is order qualifiers .
Answer:
The answers are:
- Investment = $50 millions
- National saving = $50 millions
- National saving equals investment.
Explanation:
The formula for calculating GDP is:
GDP = C + I + G + (X - M)
Since this is a closed economy, both X and M equal 0.
$500MM = $300MM + I + $150MM
I = $500MM - $300MM - $150MM = $50MM
Since national saving equals investment, then national saving is $50MM
Answer and Explanation:
The Journal entries are shown below:-
Office equipment Dr, RM8,000
To Cash RM3,000
To Accounts payable RM5,000
(Being purchase of office equipment is recorded)
Here we debited the office equipment as it increased the assets and credited the cash and account payable as it decreased the assets and increased the liabilities
Answer:
Product
Explanation:
A product is anything, be it a physical good, service, or virtual that is offered to consumers to satisfy a need or a want. A product is made at a cost and is sold to consumers at a higher price. Producers set the price of a product depending on its quality and the target market.
Consumers buy products because they have an immediate use for them. They trust the product will perform its function as described by the seller. Producers or sellers of a product must communicate to consumers what solutions the product will provide. In practice, a product is given a name that will make it stand out from the rest of similar products.