Business

Business, 06.09.2019 19:30, sharpeyennifer

The cash over and short account: select one: a. is used to record a credit balance in the cash account. b. is an income statement account used for recording the income effects of cash overages and cash shortages from errors in making change and/or from errors in processing petty cash transactions. c. is not necessary in a computerized accounting system. d. can never have a debit balance. e. can never have a credit balance.

answer

Answers: 2

Show answers

Similar questions

Предмет

Business, 12.07.2019 05:10, glamourgirlno1foev

Several line items and account titles are listed below. for each, indicate in which of the following financial statement(s) we would likely find the item or account: income statement (is), balance sheet (bs), statement of stockholders' equity (se), or statement of cash flows (scf). (select all that a. cash asset b. contributed capital c. cash inflow for stock issued d. expenses e. cash outflow for capital expenditures f. cash outflow for dividends g. noncash assets h. retained earnings i. net income

Answers: 3

Предмет

Business, 13.07.2019 02:40, Bryansbaby03

Several line items and account titles are listed below. for each, indicate in which of the followingfinancial statement(s) we would likely find the item or account: income statement (is), balance sheet(bs), statement of stockholders’ equity (se), or statement of cash flows (scf).a. cash asset d. contributed capital g. cash inflow for stock issuedb. expenses e. cash outflow for capital expenditures h. cash outflow for dividendsc. noncash assets f. r etained earnings i. n et income

Answers: 2

Предмет

Business, 30.09.2019 22:00, handog12

Reporting stockholders' equity items on statement of cash flows on the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. there were no unpaid dividends at either the beginning or the end of the year. account common stock, $40 par account no. balance date item debit credit debit credit jan. 1 balance, 120,000 shares 4,800,000 apr. 2 30,000 shares issued for cash 1,200,000 6,000,000 june 30 4,400-share stock dividend 176,000 6,176,000 account paid-in capital in excess of par-common stock account no. balance date item debit credit debit credit jan. 1 balance 360,000 apr. 2 30,000 shares issued for cash 720,000 1,080,000 june 30 stock dividend 114,400 1,194,400 account retained earnings account no. balance date item debit credit debit credit jan. 1 balance 2,000,000 june 30 stock dividend 290,400 1,709,600 dec. 30 cash dividend 463,200 1,246,400 dec. 31 net income 1,440,000 2,686,400 if an amount is not reported on the statement of cash flows, enter in "0" in the amount column.

Answers: 3

Предмет

Business, 18.10.2019 17:30, shookiegriffin

David uses the following accounts in south west airlines service: general ledger: 1. cash at bank account 2. cash in hand account 3. david capital account 4. david withdrawals account 5. airlines account 6. flying fees account 7. accounts receivable account 8. advertising account 9. fuel oil account 10. repairs account 11. food expenses account 12. accounts payable account create a table like the one below in calc. provide the required information for each account. the first account information has been completed as an example. classify each account as asset, liability, owner’s equity, revenue, expenses, or withdrawal. indicate the increase or decrease side as debit or credit. indicate the normal balance side.

Answers: 3

Do you know the correct answer?

The cash over and short account: select one: a. is used to record a credit balance in the cash accou...

Questions in other subjects:

Konu

History, 11.04.2021 18:10

Write an essay that describes one of your favorite photographs....

Konu

Physics, 11.04.2021 18:10

Przelicz temperatury: a) - 20 oC = ? K b) 45 oC = ? K c ) 223 K = ? oC d) 410 K = ? oC e) 55 oC = ? o F f ) 30 oC = ? o...

Konu

Mathematics, 11.04.2021 18:10

You wash 12 cars on Friday and 10 cars on Saturday for our fund-raiser you were also given a $40 donation from somebody who didn't want a car wash if you raised a total of $370 how...

Konu

Social Studies, 11.04.2021 18:10

Recommend THREE ways in which woman and Childrencan be protected from discrimination and violence ...

Konu

World Languages, 11.04.2021 18:10

Konu

Biology, 11.04.2021 18:10

Examine how the circulatory and respiratory system work together to move oxygen through the body....

Konu

Mathematics, 11.04.2021 18:10

Find the magnitude of vector v that has an initial point of (1, 3) and a terminal point of (7, 1) v=2√10 v=2√14 v=4√2 v=4√5...

Konu

Mathematics, 11.04.2021 18:10

Function F is graphed below. Over which domain will the inverse of function f also ba a function? A/ 0 B/ -1 C/ -2 D/ -2

Konu

Biology, 11.04.2021 18:10

Scientists compare the structures of a chicken embryo and a human embryo at the same stage of development. They find that both vertebrates have similar shapes and structures, inclu...

Konu

Mathematics, 11.04.2021 18:10

Stella is competing in a diving competition. Her height in feet above the water is modeled by the function f(x) = -16x? + 8x + 48, where x is the time in seconds after she j...

Other tasks in the category: Business More task