What is the cash balance per books at November 30, 2021?

Q: What is the formula for calculating interest on a note receivable?

A: Introduction:- A note receivable is a written promissory note to receive a specified amount of cash…

Q: How do we report the $1000000 in the financial statement?

A: Contingent Liability - A contingent liability is a potential obligation arising from past events.…

Q: How would I figure out the adjusted trial balance sheet?  cash accounts receivable  equipment  etc

A: Explanation: The Ending Balances of all T-Accounts Transfer to Adjusted Trial Balance.

Q: Define these money market instruments 1. Treasury bills 2. Certificates of Deposits

A: Money market is the market in which the debt intruments less than one year are deal with.

Q: How to prepare the journal entry for the reclassification of long-term notes payable to current…

A: The journal entries are prepared to keep the record of day to day transactions of the business.

Q: Which ones have a credit balance? Bills in arrears Promissory notes receivable in advance

A: The different accounts in the business have normal Debit and credit balance. The assets and expenses…

Q: How to calculate FIT on payroll register? What is the equation or numbers I am supposed to use to…

A: Before calculating payroll taxes, the employees will need to complete these new employee documents,…

Q: Desrosiers Ltd. had the following long-term receivable account balances at December 31, 2019. Notes…

A: Cash flow from notes refers to the recording and reporting of financial transactions related to…

Q: 10. How much is the adjusted book receipts for December 2020? 11. How much is the adjusted book…

A: Proof of cash is a statement which is prepared to calculate the opening cash balance at just a cash…

Q: Under which of the following situations deposit is considered to be a cash equivalent? I) Assuming…

A: Cash and cash equivalents are the highly liquid investments and have the reputation of insignificant…

Q: The "principal" of a note receivable refers to: a.the amount of cash borrowed. b.the present value…

A: The principal amount of a note receivable is the amount of cash borrowed.

Q: Why should cash receipts be deposited on the day of receipt?

A: Cash receipts refers to the money received in the form of cash on a specific date or during a…

Q: ayment mount Interest Expense 340,000 $911,169 340,000 $916,151 340,000 $921,481 in Discount $71,169…

A: Cash interest payment is the interest paid to the bond holder at a fixed rate each year calculated…

Q: Which of the following would NOT be considered a cash equivalent? OA. Foreign currency B. Money…

A: Step 1 Cash Equivalent Cash equivalents are assets-based short-term investment securities with a…

Q: How did you calculate the note payable long term for xi

A: Notes Payable are defined as the long-term liabilities that represent the amount to be paid by the…

Q: Using 2019 values and not averages, answer the following: c) What is the purchase to payment…

A: Cash Conversion Cycle:-  There is basic discussion of working capital cycle of a business, which…

Q: Using the relevant information in this table, compute the cash flow impact from the change in net…

A: Particulars 2019 2020 Inventory 150 175 Account receivable 20 25 Account payable 25 20…

Q: The journal entry to record lending money on a note receivable is… what?

A: Journal book is the book where all the transactions of the company will be recorded in a…

Q: hello may i ask how much is the net adjustment to the cash account? including debit or credit thank…

A: Assets have debit balance and Liabilities have credit balance. Cash account is current asset with a…

Q: The time between the acquisition of inventory and the collection of cash from receivables is called…

A: Options given are:Cash cycleOperating cycleAccounts receivable periodInventory period

Q: How about these questions: 1. How much is the balance of Account Receivable at December 31, 2021?…

A: Following is the answer of two questions.

Q: What specific areas are measured in this metric and why are these areas are a "big deal" worthy of…

A: When a corporation converts its investments in inventory and other resources into cash flows from…

Q: Which of the following statements is CORRECT? Statement 1. Time lines can be constructed in…

A: Cash flow diagrams are graphic representations of revenue and expenses across time. A borrower and a…

Q: attps://docs.google.com/forms/d/e/1…

A: Cash flow using indirect method. Using Indirect method, we start computation of cash from operating…

Q: What was free cash flow (in millions of dollars) for the year ended January 30, 2021 (denoted as…

A: Free cash flow refers to the cash available with an entity after meeting it's operating expenses…

Q: Write a note on cash discounts.

A:

Q: What’s mean change in payroll rate

A: Payroll taxes are the taxes that imposed on employers and employees. Payroll taxes have calculated…

Q: Funds in a ____ must remain on deposit for a stated time period in order to avoid an interest…

A: Deposit is a fixed amount of money invested in a bank or in some financial institutions in which…

Q: PAND CO. 2019 2018 EMIC CO. 2019 2018 Sales Cost of Goods Sold Selling expenses Net Income P 3,400…

A: Gross Profit = Sales - Cost of goods sold  Pand Gross Profit for 2019 = P3,400 - P1,700 = P1,700…

Q: Do we add in notes payable due 2024 into our statement of cashflows when the balance sheet has dates…

A: The cash flow statement is one of the components of the financial statement which is prepared at the…

Q: A written order for a bank or other financialinstitution to pay a stated dollar amountto a specified…

A: A written order for a bank or other financialinstitution to pay a stated dollar amountto a specified…

Q: Suppose you have a $10 bill in your pocket.  How is this money counted in the Fed balance sheet? A.…

A: Correct Answer = Option C = Liabilities Explanation First to understand the Concept of Federal…

Q: IRED: 1. Prepare a forecast cash flow statement for 2020.

A: Cash Flow Statement is prepared by an organisation to show the flow of cash during the accounting…

Q: What is net income ? 251+113 =  364 ??? İs true or not

A: Net income (NI), also called net earnings

Q: total deductions on payroll register

A: Deductions are subtracted from total earned pay.

Q: aves owed to the government and Wages

A: Secured liabilities are those which are secured for payment. So in case of…

Q: can you cash a check from an equity reserve account

A: Equity reserve Equity reserve means the amount of money you can access in the future if you…

Q: H7. What specific information would you need to begin a cash receipts forecast? Identify three…

A: Cash budget is a tool used by businesses to forecast their cash receipts and cash payments for…

Q: How did you calculate the deposits and checks outstanding

A: The deposit which are deposited by  company on last date of month may not be reflected the in bank…

Q: Explain the effect of adjusting journal entries on cash.

A: Adjusting entries: Adjusting entries are the journal entries which are recorded at the end of the…

Q: When transferring money from the regular checking account to a special purpose payroll account which…

A: A checking account, also known as a transactional or demand account, is a type of bank account that…

Q: What is Days Sales Outstanding ( DSO ) a) Number of days in the Cash Conversion Cycle b) Number of…

A: Days Sales Outstanding-  Days Sales Outstanding- Days sales outstanding is define as the portion of…

Q: Is the following statement true or false? The deposits or payments are made at the end of the period…

A: Annuity is the fixed amount of investment, payment or deposit which is made at regular intervals.…

Q: To get net purchase the Freight -in deduct from the purchase in the income statement O True O False

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…