Answer:
sheet music of a popular movie soundtrack
Answer:
When you reconcile your business bank account, you compare your internal financial records against the records provided to you by your bank. A monthly reconciliation helps you identify any unusual transactions that might be caused by fraud or accounting errors, and the practice can also help you spot inefficiencies.
Answer:
Debit to loss on sale of equipment of $20,000
Explanation:
Data provided in the question:
Selling cost of the equipment = $100,000
Cost of the equipment = $300,000
Accumulated depreciation of the equipment = $180,000
Now,
The book value of the equipment
= Cost of the equipment - Accumulated depreciation
= $300,000 - $180,000
= $120,000
Therefore,
Proceeds for selling
= Selling cost of the equipment - Book value of the equipment
= $100,000 - $120,000
= - $20,000
Here, the negative sign depicts a loss
Hence,
The company’s journal entry to record the sale of the equipment would include a Debit to loss on sale of equipment of $20,000
Cash flow ofcourse! because when u talk on a phone money is wasted and when you talk in real no money is wasted even if ur sms each other like on facebook the internet costs money so when u come up to a person there is no money wasted! Hope i helped:)
Answer:
$9,000
Explanation:
As a rule of thumb, households or individuals should keep at least three times their monthly expenditure as emergency funds. The funds should be kept in a safe and easily accessible place, preferably as a savings account.
The funds kept aside should be used in emergencies only. The purpose is to help the family and individuals go through challenging moments such as job loss, accidents, or unfortunate incidents.