Answer:
<u>Account Name</u> <u>Balance Sheet Classification</u> <u>DR or CR Balance
</u>
1. Accounts Receivable CA Debit
2. Prepaid Expense CA Debit
3. Inventories CA Debit
4. Long-Term Debt NCL Credit
5. Cash and Cash Equivalent CA Debit
6. Accounts Payable CL Credit
7. Income Tax Payable CL Credit
8. Contributed Capital SE Credit
9. Property Plant and Equipment NCA Debit
10. Retained Earning SE Credit
11. Short-Term Borrowing CL Credit
12. Accrued Liabilities CL Credit
13. Goodwill (an Intangible Asset) NCA Debit
Explanation:
The answer is that
"<span>
the change in accounts receivable is subtracted from net income".</span>
<span>When the indirect method is used, the starting
point is the net income and it is transformed to cash flows from operational actions
by adding back losses and subtracting gains so that these quantities are removed.</span>
Answer:
a) make well-reasoned conclusions and solutions ; & b) begin jotting down a rough draft right away to capture their ideas.
Explanation:
Effective Business message should be - complete, clear, concise, concrete, correct, courteous, coherent.
Rough draft is good for brainstorming & initial preliminary creation stage of business message. After having a bunch of ideas : its important to well arrange them in a coherent, clear way & giving complete, concise structure. This implies better understanding of conclusions, solutions.
