Answer:
Estimated change in cash = $220,000
Explanation:
GIven:
Net income = $200,000
Sales = $540,000
Expenses = $180,000
Depreciation expenses = $60,000
Accounts receivable balance increased = $40,000
Find:
Estimated change in cash
Computation:
Estimated change in cash = Net income + Depreciation expense - Accounts receivable balance increased
Estimated change in cash = 200,000 + 60,000 - 40,000
Estimated change in cash = $220,000
The answer is intransitive
Answer:
Explanation:
Deposit slip: This is used in depositing money into a particular bank account.
Invoices: An invoice shows that a sale has taken place.
Cheque: It is used in ordering the back to pay someone the amount of money that's written on it.
Purchase orders: It is a document that's issued by the buyer and it shows the type of good bought, quantity bought, prices at which they were bought.
Sales receipt,: It shows that a customer has made payment as it is an evidence of payment
high bill
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Answer:
The differential loss from the lease alternative would be -$69,900
Explanation:
In order to calculate the differential income or loss from the lease alternative we would have to make the following calculations:
Alternative I ( Sale) Alternative II ( Lease)
Sale proceeds net of commission $354,900
Total lease rentals $515,000
Property taxes and insurance ($230,000)
Net proceeds $354,900 $285,000
Difference loss from the lease alternative would be - $69,900
The differential loss from the lease alternative would be -$69,900
