In international accounting,______ are considered cash.
举一反三
- Which of the following transactions would be recorded under accrual-basis accounting but NOT under cash-basis accounting? A: Borrowing money from the bank. B: Collecting cash from customers. C: Issuing stock for cash. D: Purchasing of inventory on account.
- In accounting，cash includes cash on hand, cash in banks, and any items that are acceptable for deposit in banks.(2分)
- In the practical accounting, the company adopt the_______ to process the accounting. A: cash basisi accounting B: accrual basis accounting C: right and duty accounting D: accept accounting
- The working capitalcycle moves from cash to inventory to receivables and back to cash.
- Shania suspects that cash is going missing from the cash drawer on her market stall. At the start of the most recent accounting period the cash balance held in the drawer was $500. During the period, all sales were paid for with cash. Shania knows that her cost of sales for the period was $14,000 and that she trades with a mark-up of 50% on cost. Cash banked in the period was $16,000. Legitimate out-of-till expenses were $2,800.At the end of the period, the cash balance held in the drawer was $500.What is the maximum amount of the possible missing cash?<br/>______