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BigorU [14]
2 years ago
5

When the year-to-year changes in comparative balance sheet accounts do not coincide with the changes implied from amounts report

ed on the statement of cash flows, the analyst may find useful information for reconciliation in notes to the financial statements and the:
Business
1 answer:
hodyreva [135]2 years ago
3 0

Answer: Operating activties section of the cash flow statement.

Explanation:

A comparative balance sheet refers to the statement which shows an organization's financial position over different periods through which comparism is made.

It should be noted that the current liabilities and the adjustment for the changes in current assets are included in the operating activities secction of the cash flow statement.

As a result of the fact that the changes in assets don't tally with cash flows, the section with regards to the operating activities of the statement of cash flows

can help in this scenario.

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Heritage, Inc., had a cost of goods sold of $44,621. At the end of the year, the accounts payable balance was $8,403. How long o
Fiesta28 [93]

Answer:

Days sales in payable = 68.74 days(Approx)

Explanation:

Given:

Cost of goods sold = $44,621

Accounts payable = $8,403

Days sales in payable = ?

Computation of Days sales in payable :

Days\ sales\ in\ payables=(Accounts\ payable\/cost\ of\ goods\ sold)\times365\ days

Days sales in payable = ($8,403 / $44,621) × 365 days

Days sales in payable = 0.188319401 × 365 days  

Days sales in payable = 68.7365814

Days sales in payable = 68.74 days(Approx)

7 0
2 years ago
Kennel earns service revenue by caring for the pets of customers. Tiny Town Kennel is organized as a sole proprietorship and own
yanalaym [24]

Answer:

a) Increase asset (Cash): Increase equity (Service Revenue) - GUIDE

b) Decrease equity (Salaries): Decrease asset (Cash)

c) Increase asset (Cash): Increase equity (Capital)

d) Increase asset (Receivable Accounts): Increase equity (Service Revenue)

e) Decrease equity (Utility): Increased liabilities (Others payable accounts)

f) Decrease equity (Capital): Decrease assets (Cash)

Explanation:

Accounting Equation Formula :

Assets = Liabilities + Equity

According to the formula transactions must be recorded  as follows:

<em>DEBIT:</em> Asset increases, Liabilities decreases, and Equity decrease.

<em>CREDIT:</em> Asset decreases, Liabilities increases, and Equity increase.

3 0
2 years ago
Growth tutorial: plato <br><br>how might the lack of this aspect of infrastructure affect health​
Alenkasestr [34]

Answer:

how might the lack of this aspect of infrastructure affect health​?

Infrastructure on its own is one way of development, ways at which lack of it will affect health include;

it will deter the link between rural areas and the urban area

lack of infrastructure will help to increase the chances of breeding parasites which affects health

lack of infrastructure also affects personal hygiene as lack of water and other basic amenities affects health greatly.

Explanation:

6 0
2 years ago
Read 2 more answers
If you were the leader of a country facing a rebellion, how would you deal with it?
Ilia_Sergeevich [38]
I would try to provide a plan that would be best for all not just the one majority or organisation. I wouldn't discriminate between different races and i'd make sure that all the innocent civilians leave the country safely until the rebellion is over and i'd fight for my country! 
6 0
3 years ago
Read 2 more answers
Since the 1960s, which of the following has been a notable trend in the demographics of the multinational enterprise?
Irina-Kira [14]

Answer:

D. The growth of Mini - Multinationals

Explanation:

Mini-multinationals are companies or organisations that carry out their business in two or more countries but are still within the definition of small and medium sized organisations.

Initially before the advent of the computer and the accelerated advancement of globalisation only standardized multinationals based on large firms and corporations were able to carry out business across several countries. However, globalisation as well as the rapid advancement of information technology has made tools of business available such that even small or medium sized firms can become multinationals.

For instance, the availability of an e-market and fast delivery methods makes it possible for a local shoe seller to transact businesses across two or more countries. This is defined as a mini-multinational

8 0
2 years ago
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