Form10-Q is the SEC filing form that accompanies quarterly financial report and might be what you are referring to.
Answer:
Explanation:
March 1
Cash 1700
Share Capital 1700
To record the issuance of shares
March 3
Equipment 1400
Cash 1400
To record the purchase of equipment on cash
March 5
Rent Expense 470
Cash 470
To record the rent expense
March 7
No entry neither cash nor serves are provided.
March 12
Purchase 117
Cash 117
To record the purchases
March 15
Cash 670
Income 670
To record the services Income.
March 19
Advance 570
Payable 570
To record the advance cash receipt for services not yet provided thus advance is our liability.
March 25
Payable 228 570/25*10
Income 228
To record the services income against advance given.
March 30
Utilities Expense 82
Cash 82
To record the monthly utilities expense
March 31
Dividend Pay 85
Cash 85
To record the payment of dividend.
2)
<u>Share Capital Account</u>
Opening = 0
Cash 1700
<u>Closing=1700</u> <u> </u>
<u>Cash Account</u>
Opening = 0
share capital 1700 Equipment 1400
Rent 470
Purchase 117
Income 670
Adv. Pay 570
Utilities 82
Dividend 85
<u>Closing balance- 786</u>
<u>Equipment</u>
Opening = 0
Cash 1400
<u>Closing-1400</u>
<u>Rent Expense</u>
Opening = 0
Cash 470
<u>Closing-470</u>
<u>Purchase Expense</u>
Opening = 0
Cash 117
<u>Closing-117</u>
<u>Income Account</u>
Opening = 0
Cash 670
Payable 228
<u>Closing- 898</u> <u> </u>
<u>Payable Account</u>
Opening = 0
Cash 570
Income 282
<u>Closing-342</u> <u> </u>
<u>Utilities Expense</u>
Opening = 0
Cash 82
<u>Closing-82</u>
<u>Dividend</u>
Opening = 0
Cash 85
<u>Closing-85</u>
3) Trail Balance
Head Of Account Debit Credir
Cash 786
Share Capital 1700
Equipment 1400
Rent Expense 470
Purchases 117
Income 898
Payable 342
Utilities 82
Dividend 85
Total 2940 2940
Answer:
Please refer the detail answer below
Explanation:
Store to Manufacturer ------ Request delivery schedule
Buyer to Manufacturer ------- Frequent, direct reorder
Manufacturer to Distribution Center and Buyer ------ Advanced shipping notice
Store to Distribution Center ----- Corporate inventory order
Customer to Store ----- Smart TV purchased
Store to Buyer ------ POS terminal sends data
Answer:
Third one....The interest rate on your savings account will vary over time and be set by the government
Earn interest at a norminal rate.
Answer:
The correct answer is letter "D": discounting all expected future cash flows to reflect the time value of money.
Explanation:
Discounting cash flows takes place at any moment given when money is paid at one date but is received at a different point. Discounted cash flows are useful to measure the difference between the present value of money and the receivables that are expected to come at a later stage.
