Answer:
Adjusted balance method.
Explanation:
Financial charges that are been summed up at the end of the last cycle of billing or their previous balances are seen to be calculated with this method. And also, it is used in calculation of the interest which are seen to be toppled or owed by people or customers that are seen to using the savings accounts.
A lot of financial institutes rely on the service or this method in the summation of their account holders month end balances.
Answer:
Debit Petty Cash $250; credit Cash $250
Explanation:
Based on the information given we were told that the Company establishes the amount of $250 as a petty cash fund on September 1 which means that The journal entry to record the establishment of the fund on September 1 is:
Debit Petty Cash $250
Credit Cash $250
A hanging wall is a block of crust that is located above a fault plane hint for identification if a person were able to sand on the fault plane they could hang on to the hanging wall fault blocks. represent blocks of Earth crust
Answer:
$961.54
Explanation:
To calculate the real price of the TV you would have to determine the present value of the TV's price. The future price of the TV is $1,000 and your discount rate is 4% annual (the same as your bank), so the present value of the TV =
present value = future value / (1 + rate) = $1,000 / 1.04 = $961.54
True.
Cash flows from activities include both inflows and outflows of cash from the external funding of a business.
<h3>Cash Flow from Financing Activities: What is it? </h3>
- The net amount of financing a business generates during a specific time period is called cash flow from financing activities.
- The issuing and repayment of equities, the payment of dividends, the issuance and repayment of debt, and capital lease obligations are all examples of financial activity.
<h3>What Are the Different Types of Cash Flows? </h3>
- Money coming into a business is known as cash inflow, and it may come through sales, investments, or financing.
- The reverse of a cash outflow is a cash inflow, which is money entering a business.
<h3>What three different forms of cash flows are there?</h3>
To assess the liquidity and solvency of the company, organizations should monitor and analyze three different types of cash flow:
- cash flow from operating operations
- cash flow from investing activities
- cash flow from financing activities.
The cash flow statement of a corporation includes all three.
- Items like dividends and interest payments are excluded.
- stock, debt, or alternative sources of funding.
- Asset depreciation for capital goods
To learn more about financing activities visit:
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