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Can a person incur a net loss during a term and yet have more cash at the end of the term than he had to begin?
Wiki User
∙ 15y ago
Yes. If you collect receivables from the previous period, you increase your cash, but not your income. If you recognize expenses that are due but not yet paid, you increase your expenses but do not decrease your cash. There are also non-cash expenses, such as depreciation and amortization that increase your expenses but have no effect on cash. You could also increase your cash through loans or additional capital investment.
Wiki User
∙ 15y ago
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What year did cash isa begin?
ch year did cash isa's begin?
What happens when equipment is purchased for cash?
The person that had equipment now has cash and the person that had cash now has equipment.
You are asked to balance the petty cash account You find there was 20.00 in it to begin with and you have vouchers for 17.00 How much is left in petty cash?
20
How do you enter a cash receipts journal?
On June 1, the cash account balance was $17,200. During June, cash payments totaled $178,300, and the June 30 balance was $23,900. Determine the cash receipts during June.
After you write and sign your check who can legally cash the check?
The person or company the check is made out to. No one else can cash it. The person you wrote it to can endorse the check to someone else so they can cash it.
What year did cash isa begin?
ch year did cash isa's begin?
What happens when equipment is purchased for cash?
The person that had equipment now has cash and the person that had cash now has equipment.
What is cash buying?
Paying in person with cash.
Can a person be their own payee?
Yeah while withdrawing cash using our own cheque. During this we are both the payee and the payer.
Who did Jessica Alba begin dating in January 2005?
Cash Warren
Can anyone cash the check besides the one that it's made out to?
No. The only person who can cash a cheque is the person to whom it was made out to. The bank will not pay cash to anyone else. However, if the person has given a legal power of attorney to another person, that person would also be able to cash the cheque because he is acting on behalf of the person to whom the cheque was given.
What was the main cash crop of south during reconstruction?
Cotton was the main cash crop of the South during the Reconstruction Era.
You are asked to balance the petty cash account You find there was 20.00 in it to begin with and you have vouchers for 17.00 How much is left in petty cash?
20
How do you enter a cash receipts journal?
On June 1, the cash account balance was $17,200. During June, cash payments totaled $178,300, and the June 30 balance was $23,900. Determine the cash receipts during June.
After you write and sign your check who can legally cash the check?
The person or company the check is made out to. No one else can cash it. The person you wrote it to can endorse the check to someone else so they can cash it.
When writing a check do you sign on the back?
When you write the check to another person, that person endorses the back when they cash it. If you write a check to "Cash", the bank may require that you endorse it before they will cash it.
What is an cash loss?
the loss after depreciation incurred during the year is called as cash loss
