Cassie's Quilts alters, reconstructs, and restores heirloom quilts. Cassie has just spent $800 purchasing, cleaning, and reco
1 answer:
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- The balance of funds due to a company for goods or services supplied or employed but not yet paid for by customers is the account accounts receivable, that is the account.
- The net income is the amount that you get each month from your check instead of the gross amount paid before deductions for payrolls.
- Operating cash flows are a part of a corporate cash flow statement explaining the sources and use of cash from ongoing business activities over a certain period.
- Retained income (RE) is indeed the net income remaining to the company after it has paid dividends to its shareholders.
The further discussion can be defined as follows:
- For point A:
Calculated to use this formulation is the account receivable
reported on the balance sheets
Using formula:
Admissible Accounts
- For point B:
The reported net income is revenue from services of
- For point C:
The reported net cash flow from operations is in
cash from accounts receivables in 1 year.
- For point D:
Reclaimed revenues are representing the amount of net
income transferred to the retained income account.
So, the final answer is "$4,000, $18,000, $14,000, and $18,000".
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