Answer: increase in inventory
Explanation:
increase in inventory : An increase in a company's inventory shows that the company bought more goods than it has sold. And the buying of additional inventory requires the use of cash, it means there was an additional outflow of cash. An outflow of cash has a negative effect on the company's cash balance.
Answer:
YOU SHOUKD PURUSE YOUR DREAMS GIRLL
Explanation:
Answer:
A) what are the day to day responsibilities of the job
Explanation:
You need to know as much as possible of the position responsibilities but you dont know to know it all in the first interview.
Answer:
1- A) Cash (Dr.) $1,000
Accounts Receivable (Cr.) $1,000
2- b. Unearned Revenue
3- c. determining when to record revenue.
Explanation:
1- When a company sales its products to its customers on credit basis under accrual accounting system it records Accounts receivable as debit and sales as credit. At a later date when the customer pays the cash, the company makes adjusting entry; cash as debit and Account receivable as credit.
2- Cash basis accounting system is one in which revenues and expenses are only record when there is actual cash exchange which means revenue will be recorded only when cash is received from customers and expenses will be recorded when they are actually paid.
Accrual basis allows to record revenue when it is earned and expenses when they are billed. Unearned revenue account will only be used if the company is using accrual basis accounting.
3- Revenue recognition principle guides the account when to record revenue under cash basis and accrual basis accounting systems.
Answer:
$214,800
Explanation:
The amount paid is the sum of the amount declared and the difference in amounts payable.
dividends paid = $209,800 +50,400 -45,400
dividends paid = $214,800
