Answer:
Cash balance is $85,000
Explanation:
In determining the cash balance of the period, we must know how much is the inflow and outflow of the cash for the period and add it or deduct to the beginning balance. It is simply, beginning balance plus inflows less outflows. February is the first month of the operation of Schwenn Enterprises, that only means the possible beginning balance of the cash is the cash investment. So to further discuss it clearly, let’s do the computation.
Beginning balance on February $100,000
Add: inflow
Cash sales $20,000
Less: outflow
payment on expenses $35,000
CASH BALANCE AT FEBRUARY 28 $85,000
Answer:
b.advertising
Explanation:
Market segment is a strategy that a organisation decides which market to appease.
Market Segments can be drawn from sales territories , groups of customers. and products but not advertising
False. They are, in fact, significantly less common.
Answer:
Specialty Store
Explanation:
A specialty store is a store where it keeps the high brand, style or models having the narrow category of goods and services. The products like furniture, sporting goods, bookstores are categorized as the speciality stores.
Since in the given situaton, it is mentioned that the stores increase the usage of the designer boutique for highlighting the particular designers for the small market so this represent the speciality store of that retail institution
A decrease in notes payable <u>increase</u> cash and an increase in accounts payable <u>decrease</u> cash.
Money owed payable is money owed through an enterprise to its suppliers shown as a legal responsibility on a corporation's stability sheet. it's miles wonderful from notes payable liabilities, which might be money owed created by means of formal prison tool files.
If a take a look at or cash order is made payable to you, it has your call written on it to indicate that you are the person that will acquire the money.
Accounts payable (AP) is an accounting time period used to explain the money owed to carriers or suppliers for goods or services bought on credit score.
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