The entire current assets are subtracted from the non-cash assets. The quantity of cash shown on the balance sheet is represented by this figure. Prior to including them in the report, add the cash and petty cash totals to simplify the balance sheet. The cash line of the balance sheet report should now reflect the combined sum.
An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet. It offers a snapshot of the assets and liabilities of a corporation as of the publication date.
A balance sheet is a summary of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or some other type of entity like a government or not-for-profit entity.
Learn more about balance sheet here
brainly.com/question/1113933
#SPJ4
Answer:
The cost of the units completed and transferred out of the department was $825,000.
Explanation:
The costs per equivalent unit for the month were $2.00 for materials and $3.50 for conversion costs.
= 150,000 units × ($2.00 + $3.50) = $825,000.
Answer:e. $3,700 gain.
Explanation:
Par value of Bonds =$100,000
Unamortized premium= $2,700
Carrying/ Book value of bonds= Par value of Bonds +Unamortized premium
= $100,000 + $2,700 =$102,700
Amount at which bonds retired $100,000 x 99% = $99,000
Gain on retirement of bonds =Book value of bonds- Amount at which bonds retired
=$102,700- $99,000 = $3,700
Answer:
there is an increase in taxes of $52,192
Explanation:
The computation of the net payment or saving is shown below:
Given that
Book value = $450,000
Sale value = $636,400
since the sales value is more than the book value so here the capital profit is there
Therefore capital profit would be
= $636,400 - $450,000
= $186,400
Now tax would be
= $186,400 × 28%
= $52,192
So there is an increase in taxes of $52,192
Answer:
An Hfr cell becomes an F- cell if its integrated F plasmid is excised.
Explanation:
In a typical bacteria chromosome movement by the cells of the high-frequency recombination, there is the movement of a segment of the genome of the specific bacterial. It is also unlikely for the complete movement of the conjugate. Therefore, based on all the available options in the problem above, the false statement is the first option.