If cash availableplus net cash receipts minus disbursements is negative, then borrowing isnecessary.

Which of the following is not a special journal: A: Sales journal. B: Purchases journal. C: Cash receipts journal. D: Cash disbursements journal. E: General journal.

During the month of February, Hoffer Company had cash receipts of $7,500 and cash disbursements of $8,600. The February 28 cash balance was $1,800. What was the January 31 cash balance? () A: $700. B: $1,100. C: $2,900. D: $0.

A<br/>wholly-owned subsidiary that handles the credit function for the<br/>parent firm is called a():() A: controlled<br/>disbursements company. B: junior<br/>subsidiary firm. C: parallel<br/>payments firm. D: captive<br/>finance company. E: operating<br/>division.

Cash<br/>flows are grouped in the statement of cash flows into the following<br/>major categories( ) A: Cash receipts, cash disbursements, and noncash activities B: Direct cash flows and indirect cash flows C: Operating activities, investing activities, and financing activities D: Operating activities, investing activities, and collecting activities