Net Income is a ( SOURCE / USE) of funds.

Q: How should you record a capital expenditure? a. Debit a liability b. Debit capital c. Debit an…

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Q: The ratio establishes the relationship between fixed assets and long-terms funds is [A] current…

A: Financial ratios are used to interpret the financial statements. Each financial ratio helps in…

Q: The essential role of ____________  is to bring together the net users of funds and the net savers…

A: Markets can be of primary markets as well as secondary markets

Q: Which approach makes use of net income and which way makes use of cashflow

A: The cash flow statement is the direct way, and the indirect way.

Q: accounts o

A: Modified accrual basis of accouting is generally used by the government agency or say government. it…

Q: budgetary

A: Budgetary accounts can be defined as those accounts which are prepared in order to reflect the…

Q: Debt to total funds

A: We know that  Assets = Liabilities + ShareHolders Funds  Debt to total funds ratio is a measure that…

Q: What are the three categories of funds? What funds are included in each of these three?

A: Funds:   Funds refers to an amount of money which is set aside or saved by individuals, government,…

Q: Under the principle of cashflow estimation, why it is important that cashflow should be measured on…

A: A cash flow statement determines the net cash inflows and outflows from an organization during a…

Q: What is the nature of the account Fund balance with Treasury? When is that account debited, and when…

A: Nature of accounts helps management to record the financial transactions as per double entry system…

Q: fill in the blanks Revenues are monies an organization received in exchange for ________ and…

A: SOLUTION REVENUE = PRICE OF GOODS & SERVICES * NO OF UNITS SOLD OR NO OF CUSTOMERS.

Q: How should you record capital expenditure? Debit a liability Debit capital Debit an expense Debit…

A: Capital expenditure: Capital expenditure refers to the expenditures that are incurred to increase…

Q: Define cash-basis net income.

A: Cash basis of accounting: Cash basis of accounting refers to the recognition of financial…

Q: Explain your analysis, why organization having importance of following functions of financial…

A: Acquisition of funds or procurement of funds is identified with the choices of the capital structure…

Q: How to adjust net income to cashflow.

A: In cashflow there are 2 methods for calculating operating cash flow, they are: a. Direct Method b.…

Q: Emoluments, pensions and gratuities, as well as debt service charges are categorized asdevelopment…

A: First of all we need to understand the basic meaning of Development expenditure. Development…

Q: the difference between capital expenditure and revenue expenditure.

A: Expenditure is defined as spending money on something. This can be a cash payment or the exchange of…

Q: lain the flow of funds in the financial system

A: For economic transformation, the financial system is the key to the economy. Finance assists in…

Q: What assets are viewed as current financial resources?

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Q: Distinguish between cash-basis net income and accrual-basis net income.

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Q: In funds flow statement, outflow of funds on account of operations is [A] application of fund [B]…

A: The fund flow statement is prepared by the business to analyse the reason of changes in the…

Q: Distinguish between the cash flow and Net Income?

A: Income statement: The financial statement which reports revenues and expenses from business…

Q: Classify following cash flows as operating, investing, or financing activities. Cash paid for…

A: Statement of cash flows Statement of cash flow is a financial statement that shows the cash and cash…

Q: Distinguish between the accounting for capital expenditures and revenue expenditures.

A: Fixed Assets: It refers to the long-term assets having a useful life of more than a year which is,…

Q: The essential role of ________ is to bring together the net users of funds and the net savers of…

A: In an economy there are users of funds (borrowers) and savers of funds (providers).

Q: Retirement programs, unemployment benefits, financial aid and other expenses that involve transfers…

A: Solution: Government spends money from its treasuries to fulfil various needs for people in economy.

Q: Where is the capitalized income recorded? Debit aide of Income and expenditure A/C Deducted from…

A: Capitalised income is income related or gained from the capital assets or long term assets in the…

Q: Which concept is applied to net income and other comprehensive income? A. Borrowed Capital B.…

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Q: Explain  Cash flows classified as financing activities?

A: Financing activity is a part of cash flow statement. Cash flow from financing activity shows the…

Q: Explain the flow of funds within an organization

A: Flow of Funds refers to the flow of money in the business organization. Finance is the blood of the…

Q: The total cash count minus the amount of the Change Fund should be equal to: a.the total current…

A: Cash Count represents the total cash at the counter at the end of the day and the change fund is…

Q: Describe the changes in balance sheet accounts that would constitute sources of funds. What changes…

A: The question is based on the concept of constituents of fund flow statement, the statement is…

Q: rement of money

A: Today, money is the need of every person. No business can be run without money. Money is needed from…

Q: Borrowing cost can be capitalized as cost of the assets when

A: Borrowing costs are costs related to amount borrowed or loans taken. This is the interest expense…

Q: What is cash flow ? A. The sum of expenses and income  B. The difference between expenses and income…

A: Cash flow refers to movements of cash from an organization. Cash is the most liquid asset on the…

Q: In funds flow statement, funds from operations is [A] application of fund [B] source of cash [C]…

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Q: Explain your analysis, why organization having importance of following functions of financial…

A: At the point when we characterize the jobs of a finance head area head, by and large, it very well…

Q: capital expenditure or a revenue expenditure.

A: Answer – Capital expenditures are those expenditure which improves the performance of assets and…

Q: when resources should be reported in the financial statements of funds is a basis of accounting…

A: According to the cut off procedures in accounting, the transactions of one period is to be separated…

Q: Define cash flows from financing activities.

A: Definition:   Statement of cash flows: This statement reports all the cash transactions which are…

Q: Report cash flows from financing activities.

A: The cash flow statement is prepared by the company to calculate the net amount of increase or…

Q: The funds invested in current assets are termed as

A: When a business is incorporated by the owners, there are some investments made by the…

Q: explain the purpose of a change fund   explain how cash short and over can be miscellaneous expense

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: How are the sources of funds indicated?

A: firms can be evaluated using three financial statements: balance sheet income statement cashflow…