It is against the rule for your accounts to have contact. Even if you give items to another player and ask him to give it to another account, it is still against the rules. Please read the rules.
Cash dividend affects the cash and remaining items does not have any effect on cash like depreciation or accounts payable.
ORDER OF LIQUIDITY is when items on a balance sheet are listed in order of liquidity. After cash, the other current assets are listed in order of liquidity or nearness to cash (i.e. Accounts Receivable first, then Inventory).
Net cash from operating activities is calculated using the cash flow statement, where you start with net income and adjust for non-cash items like depreciation and changes in working capital accounts (such as accounts receivable, inventory, and accounts payable). You can use either the direct method, which lists cash receipts and payments, or the indirect method, which adjusts net income for these non-cash items. The result gives you the net cash generated or used by operating activities during a specific period.
Synchronization of cash inflows and cash outflows.
Increase in accounts receivable causes the reduction in cash because if sales are made on cash then there is no increase in accounts receivable and company receives cash which causes the increase in cash while accounts receivable not.
A cash flow statement illustrates how changes in balance sheet accounts and income statement items impact cash and cash equivalents. It categorizes cash flows into operating, investing, and financing activities, detailing sources and uses of cash. By reconciling net income with changes in working capital and other non-cash items, it provides a clear picture of cash generation and usage over a specific period. This statement is essential for assessing a company's liquidity and financial health.
if they are level 70 or more you can sell them for a nice amount of cash but make sure that they have some money in their bank
Operating Cash Flow is calculated using adjusting net income for items (depreciation, changes to accounts receivable, and changes to inventory).
Operating Cash Flow is calculated using adjusting net income for items (depreciation, changes to accounts receivable, and changes to inventory).
Operating Cash Flow is calculated using adjusting net income for items (depreciation, changes to accounts receivable, and changes to inventory).
Example: Accounts payable balance = 1000 Cash Balance = 1000 Transaction 100 paid to creditors from cash Journal Entry [Debit] Accounts payable 100 [Credit] Cash 100 New Accounts balances Accounts payable 900 Cash 900
Increase in accounts payable means increase in cash as if cash was paid there was no increase in accounts payable but as no payment done it saves the cash and causes the increase in actual cash.