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2 years ago

The first step of proving cash is to

Business

1 answer:

natali 33 [55]2 years ago

5 0

Answer:

calculate the cash balance.

Explanation:

by calculating the cash balance you're insuring yourself that you did the calculations and if the balance is not what you were looking for, then you can go and reconcile a bank statement.

You might be interested in

The USDA has approved over 10,000 genetically engineered crops. True or False

mixas84 [53]

OK so I just did some quick research and I found nothing pertaining to that question nor to the answer, so i believe that it is False.

7 0

4 years ago

______ includes websites that encourage interaction and connection among people, businesses, and organizations.

Vaselesa [24]

Answer:

Social Media

Explanation:

Social Media is kind of technology which is computer based and it facilitates in sharing the thoughts and the information by the building the networks and communities. It is based or grounded on internet and gives the users a quick electronic communication content.

So, social media is the one which involves the websites that encourage the connection as well as the interaction among organizations, people and the businesses.

6 0

3 years ago

What is the journal for : Incurred loan of $1000 from swiss bank. ?

Fiesta28 [93]

Answer:

DR: Cash $1000

CR: Loan Payable $1000

Explanation:

N/A

8 0

3 years ago

Calculate the future value of $5 comma 000, given that it will be held in the bank for 5 years and earn an annual interest rat

Olegator [25]

Answer:

A $6,691.13

semiannual Amount $6,719.58

bimonthly Amount $6,739.24

IF bimonthly:

$Principal \: (1+ r)^{time} = Amount$

Principal 5,000.00

time 30.00

rate 0.01000

$5000 \: (1+ 0.01)^{30} = Amount$

Amount 6,739.24

IF rate is 12%

yearly Amount 8,811.71

semiaanual Amount 8,954.24

bimonthly Amount 9,056.81

IF time is 12 years:

yearly Amount 10,060.98

semiannual Amount 10,163.97

bimonthly Amount 10,235.50

As time horizon increase

as subperiord of capitalization increases

or as rate increases

the final future value increases as well.

Explanation:

$Principal \: (1+ r)^{time} = Amount$

Principal 5,000.00

time 5.00

rate 0.06000

$5000 \: (1+ 0.06)^{5} = Amount$

Amount 6,691.13

IF semminannual:

$Principal \: (1+ r)^{time} = Amount$

Principal 5,000.00

time 10.00

rate 0.03000

$5000 \: (1+ 0.03)^{10} = Amount$

Amount 6,719.58

IF bimonthly:

$Principal \: (1+ r)^{time} = Amount$

Principal 5,000.00

time 30.00

rate 0.01000

$5000 \: (1+ 0.01)^{30} = Amount$

Amount 6,739.24

IF rate is 12%

$5000 \: (1+ 0.12)^{5} = Amount$

Amount 8,811.71

semiaanual:

$5000 \: (1+ 0.06)^{10} = Amount$

Amount 8,954.24

bimonthly:

$5000 \: (1+ 0.02)^{30} = Amount$

Amount 9,056.81

IF time is 12 years:

$5000 \: (1+ 0.06)^{12} = Amount$

Amount 10,060.98

semiannual:

$5000 \: (1+ 0.03)^{24} = Amount$

Amount 10,163.97

bimonthly:

$5000 \: (1+ 0.01)^{72} = Amount$

Amount 10,235.50

5 0

3 years ago

HELP ASAP!!!

posledela

1.) A because an origination fee is any fee that adds up to the profit a lender can make on a loan.

2.) True, because there is a reason why the audience would need to listen to the power point (pitch deck) so therefore, you would need it to be on a certain subject for the intended audience.

3.) True

4.) False, because loan interests and credit card interests varies.

5.) False, they vary.

6.) True.

7.) False.

8.) True.

9.) A, Increase.

10.) A, Single Payment Loan

11.) C, Start up costs

12.) A, debt investors

13.) A, Fundraising capital

14.) B, Increase.

I hope this helps, I'm sorry if any answers are wrong.

5 0

4 years ago

Read 2 more answers