Answer:
The multiple choices are as follows:
$4,720.
$17,260.
$48,680.
$43,960.
$42,960.
The beginning cash balance was $4,720
Explanation:
The formula for closing cash balance can be used to determine the opening cash balance as shown thus:
closing cash balance=net increase in cash+opening balance of cash
by arranging the equation
opening cash balance =closing cash balance-net increase in cash
closing cash balance is $26,700
net increase in cash is $21,980
opening cash balance=$26,700-$21,980=$4,720
I would say this is false. Some companies today use the hover boards to get around the office. Also Computers replaced stacks of paper. Cell phones also changed how people talk not only in everyday life but also in the environments of workplaces.
Answer:
sorry just wanted the points
Explanation:
Answer:
$0
Explanation:
We know that:
- Isabella is 30% Partner In ITV
- with basis of $40000
ITV Distribute
s:
- $32,000 cash
- $32,000 inventory (Inside Basis $16,000)
- $16,000 receivable (Inside Basis $24,000)
Therefore, we calculate Isabella's net gain or loss
$32000 × 30% = $9,600 Cash
$32000 × 30% = $9,600 Inventory
$24000 × 30% = $7,200 Receivable
The total amount is
$9600 + $4800 + $7200 =$21,600
Therefore Isabella's net gain or loss will be $40,000 - $21,600 = $18,400.
From the calculations, Isabella will have $0 gain or loss from the liquidating distribution
FIND..
THE FIRST STEP IS TO KNOW N FIND THE PROBLEM OR QUESTION ON WHICH THE DECISION COULD BE MADE......
HOPE IT HELPS YOU '_'
