Answer:
Income statement
Explanation:
Statement of change in equity: It records beginning balance of equity, ending balance of equity, net income or loss, dividend paid if any.
Balance sheet: It records the assets and the liabilities side of the balance sheet which equals to
Total assets = Total liabilities + Stockholder equity
Statement of cash flows: It records three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
Income statement: It records all income and expenses of a particular period.
In the given question, the increase in assets records under the revenue part whereas if the asset decreases, it records under expenses part of the income statement.
Cultural competence
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b. Cash receipts from sales, $264,000.
c. Budgeted cash disbursements for purchases, $138,000.
d. Budgeted cash disbursements for salaries, $80,000.
e. Other budgeted expenses, $15,000.
f. Cash repayment of bank loan, $10,000.
g. Budgeted depreciation expense, $25,000.
Answer:
$47,000
Explanation:
The cash budget is a forecast of the company's expected movement in cash considering the expected outflows and inflows. This movements result in a change between the opening and ending cash balance. This may be expressed mathematically as
Opening balance + Cash receipts - Cash disbursed = ending balance
Cash receipts for the period
= $264,000
Cash disbursed
= $138,000 + $80,000 + $10,000 + $15,000
= $243,000
ending balance = $26,000 + $264,000 - $243,000
= $47,000
Answer:
$371,500
Explanation:
The retained earnings account represents the cumulative net income of an entity over the years after considering the dividend paid over the periods of existence.
The movement in the dividend account at the start and end of a given period is as
Opening balance + Net income - dividend declared and paid = closing balance. Hence , the Retained Earnings balance as of December 31, 2020
= $347,600 + $56,100 - $32,200
= $371,500
Answer:
cool
Explanation:
Answer:
price of the payoff is -$19.01
Explanation:
The computation of the price of payoff is shown below:
But before that we have to do the following calculations
Equation of payoff is
= -$200 + 3 × current price
Now
price of payoff is
= -$200 ÷ (1.02)^(3 ÷ 12) + 3 × $60
= -$199.01 + $180
And, finally
The price of the payoff is -$19.01
The same is to be considered
b) religion.
c) race.
d) color.
e) political preference.
Answer: Political Preference
Explanation: You cannot judge anyone based on their political views.
Answer:
Decimal placement
Explanation:
It is 8/10 because, in the decimal 0.8 , the 8 is in the tenths place. If it was 0.08 the fraction would be 8/100 and so on and so forth.