a . When does a cash shortage occur? b . Explain why a cash shortage is treated
Question:
a. When does a cash shortage occur?
b. Explain why a cash shortage is treated like an expense.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
a A cash shortage occurs when there is not enough ...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Explain why optimal profits should occur when marginal cost equals marginal revenue.
-
Explain "free cash flows." Why do managers like to retain free cash flows instead of distributing it to shareholders? Discuss what mechanisms may be used to solve this problem.
-
Explain how and why depreciation on office equipment is treated differently than depreciation on manufacturing equipment.
-
The species-area curve tells us that slowing or halting___________ ___________ will potentially slow the rate of extinction.
-
Lobbying for Car Import Taxes: In exercise 26.8, we investigated the incentives of existing car companies to deter entry of new companies through lowering of car prices. When the potential new car...
-
Ginter Ltd. holds Kolar Co.s NT$10,000, 120-day, 9% note (amounts in thousands). The entry made by Ginter when the note is collected, assuming no interest has been previously accrued, is: a. Cash...
-
A thin-walled composite tube having an outside diameter of \(48 \mathrm{~mm}\) is made by securely bonding an aluminum tube inside a steel tube, as shown in Figure 7.10. Determine the maximum...
-
Under what doctrine discussed in this chapter might Buy-Mart be held liable for the tort committed by Watts? Lynne Meyer, on her way to a business meeting and in a hurry, stopped at a Buy-Mart store...
-
Pension fund UPNC has a fixed-income portfolio consisting of A=600M in assets and L=700M in liabilities. The duration of the assets is D A =16 and that of the liabilities is D L =27. To bring the...
-
Design a two players game of stack using C++ or Python as follows: two players are given n numbers as input and a stack to store these numbers. Initially, players push all input numbers into their...
-
On February 1 a petty cash fund of $150 was established for Buzz Newsstand, Check 1198. The petty cashier writes a voucher for each petty cash disbursement. The vouchers are entered in a petty cash...
-
a . What is meant by reconciling the petty cash fund? b . What accounts are debited when replenishing a petty cash fund?
-
Distinguish between utilitarian conservation and biocentric preservation. Name two environmental leaders associated with each of these philosophies.
-
What is a significant difference between an agency's hearing and a court hearing is ?
-
Jury experts work under the theory that certain types of people will be likely to favor one side over the other. For example, in a medical malpractice case one person may lean toward the doctor,...
-
The risk-free return is 3%. The expected market return is 8%, with a standard deviation of 2.5%. To obtain an expected return of of 6%, what share of assets must be held in the risky asset? What is...
-
You are considering opening a new plant. The plant will cost $100.0 million upfront and will take one year to build. After that, it is expected to produce profits of $30.0 million at the end of every...
-
The income statement disclosed the following items for 2016: Depreciation expense ...........................$ 57,600 Gain on disposal of equipment ............... 33,600 Net income ............... ....
-
(a) Use integration by parts to show that (b) If f and g are inverse functions and f' is continuous, prove that (c) In the case where f and t are positive functions and b > a > 0, draw a diagram to...
-
Kathleen owns 500 shares of Buda Corporation common stock which was purchased on March 20, 1999, for $48,000. On October 10 of the current year, she receives a distribution of 500 stock rights. Each...
-
Martha Lou owns 100 shares of Blain Corporation common stock. She purchased the stock on July 25, 1986, for $4,000. On May 2 of the current year, she receives a nontaxable distribution of 100 stock...
-
Beth acquired only one tract of land seven years ago as an investment. In order to sell the land at a higher price, she decides to subdivide it into 20 lots. She pays for improvements such as...
-
World Tourism Day 2 0 1 7 , with its official celebration on September 2 7 in Qatar, was focused on sustainable tourism. Established by the United Nations World Tourism Organization ( UNWTO ) , World...
-
Tracy is single and had adjusted gross income of $35,800 in 2018. Tracy also has the following items: How much may Tracy claim as itemized deductions?
-
Calculate the geometric mean return of an investment with five year returns of 10%, (15%), 12%, 8% and (5%).
Study smarter with the SolutionInn App