What is the double entry for cash received back from a rotating savings
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What is the double entry for cash received back from a rotating savings
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- How are the cash proceeds determined when a note receivable is transferred?What does a debit balance in the cash short and over account represent? What does a credit balance in this account represent?Which of the following is a method to generate cash from accounts receivable?a. Assignmentb. Factoringc. Assignment and factoringd. Assignment, factoring and discounting
- Which of the following is a means of using receivables to obtain immediate cash? a. Factoring b. Pledging c. Assignment d. All of the aboveWhich of the following options indicate how quickly accounts receivables are converted into cash? Select one: a. Total assets turnover b. Days to collect accounts receivable c. Working capital d. Accounts receivable turnoverDiscuss the conversion from cash to accrual basis of an increase in accounts or notes receivable
- Please calculate the amount for cash and Accounts payable. Which one of the following defines the cash cycle? A. Inventory period plus the accounts receivable period B. Inventory period plus the accounts payable period C. Operating cycle minus the inventory period D. Operating cycle minus the accounts payable period E. Operating cycle minus the accounts receivable periodThe difference between cash inflows and cash outflows is known as what?
