The working capitalcycle moves from cash to inventory to receivables and back to cash.

The statement of cash flows should be reviewed for several time periods in order to determine the major sources of cash and the major uses of cash.

FastForward purchased $25,000 of equipment for cash. The Equipment asset account is _______________ for $25,000 and the cash account is _______________ for $25,000.

Matthew Company purchases a trading security for $12,000 cash. The journal entry to record this transaction will include a: A: debit to the Investment in Trading Securities account and a credit to Cash. B: debit to Cash and a credit to the Investment in Trading Securities account. C: debit to Long-term Investment and credit Cash. D: debit to Dividend Revenue and credit to Cash.

Guangli Co. Ltd. established a ￥500 petty cash fund several months ago and replenishes it at the end of each month. During the first two weeks of March, ￥285 was disbursed from the petty cash box for miscellaneous items. If a surprise count of the fund is made on March 15, the petty cash box should contain A: ￥500 cash. B: ￥215 cash. C: ￥215 cash left for March plus ￥500 cash for each month since creation of the petty cash fund. D: ￥215 cash and receipts for ￥285 in expenditures.

In a cash budget, if the cash available before financing falls below the budgeted balance: A: the company should reduce its cash receipts. B: the company can invest the excess cash. C: the company will need additional financing. D: the company is facing bankruptcy.

中国大学MOOC: A company purchased an equipment by paying $26, 000 cash. When this transaction is recorded, the cash account is debited for $26, 000.

What can a bank credit card holder get at any bank displaying the bank card sign? A: A cheque. B: An advance. C: Cash. D: A cash advance.

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/>______

Company A issued 2,500 shares of its no par ordinary stock for cash. The price is $10 per share. The entry to record this transaction would be: A: Debit Cash $25,000; credit Share Premium in Excess of Par Value $25,000. B: Debit Cash $25,000; credit Ordinary Stock $25,000. C: Debit Ordinary Stock $25,000; credit Cash $25,000. D: Debit Treasury Stock $25,000; credit Cash $25,000.