Decreased.
cash purchase of goods: inventory (Debit) increased Cash in Hand (Credit) decreased with amount of total cost of Goods purchased
depreciation is a non cash item which have no physical outflow ... when depreciation is applied on tax cash flow it saves tax resulting in decrease in cash outflow
1. Cash is debited because business cash is increased and capital is credited because it is the liability of the business towards its owner to return back at the time of dissolution of business.
expenses on an accrual basis are greater than expenses on a cash basis
Decreased.
You could sell merchandise and make a profit. If the customer has not paid you yet, you have not increased cash. You have increased accounts receivable.
cash purchase of goods: inventory (Debit) increased Cash in Hand (Credit) decreased with amount of total cost of Goods purchased
depreciation is a non cash item which have no physical outflow ... when depreciation is applied on tax cash flow it saves tax resulting in decrease in cash outflow
It has reverse effect on that and it will decrease your cash flow.
The credit multiplier decreases.
Planting increased cash crops improves the local economy. If not done sustainably using good land management practices, it can deplete the soil in the area, making it unproductive for future generations.
Planting increased cash crops improves the local economy. If not done sustainably using good land management practices, it can deplete the soil in the area, making it unproductive for future generations.
Yes change in accrued liabilities means benefits are taken already but cash not paid and if cash was paid then it reduces the cash and non payment has increased the cash for time being to be use for other purposes.
Net income would decrease by 1,000,000 - would have no effect on cash flow.
1. Cash is debited because business cash is increased and capital is credited because it is the liability of the business towards its owner to return back at the time of dissolution of business.
expenses on an accrual basis are greater than expenses on a cash basis