Answer:
Paying electricity bill for the month
Explanation:
The operating activities are shown in the cash flow statement. It has two methods
1. Direct method: The direct method records all those expenses related to the cash receipts and the cash payments
2. Indirect method: The indirect method records that transactions that impacts the working capital that means a change in the working capital which would come after reporting the net income.
So, the electricity bill is a cash payment that is to be reported in the operating activities.
The answer to your question is d
Answer:
C. Interest Expense account is increased; the Interest Payable account is increased.
Explanation:
A secured interest can be defined as a legal right granted by a borrower to a lender (creditor) over a collateral (the borrower's property) which permits or allow the lender to have a right to possess the property as soon as the lender defaults in making payment. The payment which is expected to be made by the borrower of a mortgage loan is considered a secured obligation because it is a lien or an enforceable legal claim.
When interest is accrued on a note payable, but not paid, the Interest Expense account is increased; the Interest Payable account is increased.
In a month the month of February, their first renewal cycle begins again
This is further explained below.
<h3>What is the renewal cycle?</h3>
In most cases, the execution of any given strategy will inevitably waste some of the available time.
Both the free and premium plans will become invalid one month and one year, respectively, following the most recent renewal of either one of them.
These stretches of time are referred to as "renewal cycles" quite frequently in common parlance.
An example of a renewal cycle we witness in our day to day life, one that is a perfect example of the image we are trying to portray is the monthly subscription of the Dstv cable or Tv show provider subscription. which allows us to have uninterrupted access to our favourite s
To summarize, the first cycle of their rejuvenation begins once more in the month of February.
Read more about the renewal cycle
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Hi! The answer is sensorinueral hearing loss