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No, a K-1 (Schedule K-1) is not an actual cash distribution; it is a tax document used to report income, deductions, and credits from partnerships, S corporations, estates, or trusts to the IRS and to the individual partners or shareholders. While it reflects a partner's or shareholder's share of profits or losses, it does not indicate whether cash or property was distributed. Actual cash distributions may occur separately and would not be detailed on the K-1 itself.
What else can I help you with?
Is a cashiers check cash?
No. Cash is actual bank notes/coins.
Can you told me the Meaning of cash deposit?
A cash deposit is when you take actual cash (dollars and coins) to the bank and deposit them.
What does it mean to say that depreciation expense does not affect cash?
Depreciation do not increase or decrease the cash as it is just the presentation of actual cost of assets through income statement actual cash was already reduced when asset was purchased.
What effect will the declaration and distribution of a stock dividend have on the net income and cash flows?
19. What effect will the declaration and distribution of a stock dividend have on net income and cash flows? (Points : 2)No effect on net income or cash flowsNo effect on net income, decrease cash flowsDecrease net income, decrease cash flowsIncrease net income, no effect on cash flows
Actual cash received from cash sales was 9755.75. The cash register total was 9735.55. What is the journal entry to record cash receipts and cash sales.?
Cash 9735.75 Cash Short and Over 20.20 Sales 9755.75
What is cash-basis method?
Cash basis method is that in which all business transactions are recorded when actual cash is paid and not when actual transaction occured.
What is the cash accounting method?
There are two accounting methods commonly use and those are: 1 - Accrual Accounting 2 - Cash Accounting 1 - Accrual Accounting method is used in which expenses are recorded when they occur and not when actual cash is paid, In this method actual cash payment timing is not important for expense or receipt recording 2 - Cash Accounting method is used in which expenses are recorded when actual cash is paid for expenses or cash is received for services or product and in this method actual timing or expense or receipt is not important and all transactions are recorded at actual cash payment time.
Is a cashiers check cash?
No. Cash is actual bank notes/coins.
How does owners distributions show on the cash flow statement?
owners distribution is not shown in cash flow statement since cash flow statement shows the flow of cash in different activities not the distribution and in case if the profits are distributed then it is a part of profit and loss appropriation a/c.
Can you told me the Meaning of cash deposit?
A cash deposit is when you take actual cash (dollars and coins) to the bank and deposit them.
Does the playstation store use Actual cash?
No they don't. You do use Actual cash (Credit Card) to purchase what they do use and not something you earn though playing a game.
What effect will the declaration and distribution of a stock dividend have on the net income and cash flows?
19. What effect will the declaration and distribution of a stock dividend have on net income and cash flows? (Points : 2)No effect on net income or cash flowsNo effect on net income, decrease cash flowsDecrease net income, decrease cash flowsIncrease net income, no effect on cash flows
What does it mean to say that depreciation expense does not affect cash?
Depreciation do not increase or decrease the cash as it is just the presentation of actual cost of assets through income statement actual cash was already reduced when asset was purchased.
What is the cash method?
Cash method of accounting is that method in which all transactions are recorded in books of accounts when actual cash is received or paid .
What is Species population 1?
dN1/dt = r1N1 [(K1-N1)/K1]
Actual cash received from cash sales was 9755.75. The cash register total was 9735.55. What is the journal entry to record cash receipts and cash sales.?
Cash 9735.75 Cash Short and Over 20.20 Sales 9755.75
Why list non cash items on the cash flow statement?
non cash items are adjusted to arrive at actual cash flow from operating activities in indirect method as cash flow statement only deals with cash.
