Recovery
A: Increase cash
B: Decrease cash
A: Increase cash
B: Decrease cash
举一反三
- Which of the following is a debit entry? A: Sales B: An increase in a liability C: A decrease in an asset D: An increase in cash
- Which one of the following can be a source of cash? ( ) A: decrease in<br/>inventory B: decrease in common stock C: decrease in long-term debt D: increase in accounts receivable
- Magenta Ltd has a current ratio of 1.5, a quick ratio of 0.4 and a positive cash balance. If it purchases inventory on credit, what isthe effect on these ratios?? Current ratio increase and;Quick;ratio increase|Current ratio increase and;Quick;ratio decrease|Current ratio decrease and;Quick;ratio increase|Current ratio decrease and;Quick;ratio decrease
- The operating cash flow of aproject will decrease when the:
- A company plans to decrease a $200 petty cash fund to $75. The current balance in the account includes $45 petty cash payment in receipts and $165 in currency. The entry to reduce the fund will include a: A: Debit to Cash Short and Over for $10. B: Debit to Cash for $90. C: Debit to Miscellaneous Expenses for $35. D: Credit to Petty Cash for $165. E: Credit to Cash for $90.