Answer:
Cash received journal would contain transactions where money was entering into the company. These include: capital contributions, cash sales and loans coming into the company.
The cash payments journal on the other hand, would show transactions where money left the company such as to pay for expenses such as salaries or to procure materials needed by the company.
Cash Receipts Journal
1. A cleaning company received cash from a customer for services provided
2. Owner of a business deposited capital contribution in the business bank account
4. Cash received in the cash register from the day's sales
6. Loan received from the bank
8. Cheque received from a customer in payment of her account.
Cash Payments Journal
3. Cheque cashed to buy office supplies
5. Service materials purchased by electronic funds transfer
7. Salaries paid by Internet banking
Answer:
Please find the complete question and its solution file in the attachment.
Explanation:
Timing of shifts in Boerkian's net money assets
Date Particulars Stickles Exchange Rate Dollars
1-Jan Assets 
1-May Service Revenue 
1-Oct Operating Expenses 
31-Dec Net Assets 
31-Dec Net Assets at Current Exchange Rate on Dec.31 
31-Dec Gain
The profit is $6,800 for the subsidiary. The exchange rate is higher on 31 December.
Answer:
B. To plan production, marketing, and budgets
Explanation:
A company needs to know accurately the demand for a good or service because it has to determine what kind of customer it is and plan the marketing accordingly. Additionally, that information will be valuable in planning plan its production volume. And afterward, with that information in hands, knowing fixed and varied costs, marketing costs and others, plan the budget accordingly. Pricing, fixed costs, demand slope, and potential sales will be determined by other factors that can include but are not limited to demand estimation.
Answer:
Collections per month = 11,250
Monthly rate = 0.0066
Annual rate = 8.1%
Explanation:
Calculations of capitalization rate for the following apartment complex are as follows:
Collections per month is calculated as = 1000*15*(1 - 0.10-0.05-0.10) = 11,250
Monthly rate is calculated as= 11,250/1,710,000 = 0.0066
Annual rate is calcuated as = (1 + 0.0066)^12 - 1 = 8.1%.
Hence ,Collections per month are 11,250 ,Monthly rate is 0.0066 and
annual rate is 8.1%
Correct answer is C, Creativity.
Asking yourself, What can i do to build a loyal customer base?, is an example of Creativity.
When a person in an organization is creative and wants to build a loyal customer base, he asks himself that how can he build it. He finds out ways to build a loyal customer base. He innovates, he takes out the best creativity out of him. When he is focusing on asking himself the solutions, he is basically creative who is seeking answers within himself.
