Which of the following is an asset according to the definition in the Conceptual framework? A. Bank overdraft B. Factory buildings C. Payables D. Amounts owed to tax authorities 点击查看答案&解析 你可能感兴趣的试题 单项选择题 轨道交通排水系统的功能保证( ) A. 可以处理污水 B. 净化...
Accounts receivable is an asset recorded on your balance sheet. Accountants categorize it as a current asset. To understand why AR is an asset, we must define what assets in accounting are—alongside what liabilities are. Here are the high-level definitions of an asset vs. liability: Asset—...
TRADE PAYABLES ACCOUNT $ $ Cash at bank 21,600 Balance b/d 14,000 Balance c/d 11,900 Purchases 19,500 33,500 33,500 What was the balance for trade payables in the trial balance at 1 October 20X0? A $14,000 DR B $14,000 CR ...
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Accounts payable or trade payables Notes payable that will be due within one year The principal portion of a long-term loan that must be paid within one year Wages payable Income taxes payable Interest payable Other accrued expenses payable Deferred revenues and customer deposits Related Questions Wh...
company has $0.90 of cash for every $1.00 of its total current liabilities (also known as a working capital requirement). The higher the cash ratio, the better for the company since it has sufficient liquid assets to pay off its short-term obligations such as trade payables and short-term...
Although receivables are more expensive than bank loans to finance, a facility can be put in place fairly quickly. Many accounts receivables finance solutions can provide early payment in as little as 24 hours, and Trade Finance Global’s expert team can help find the most appropriate form of ...
Trade payables 22 Other payables7 Total current liabilities29 Total liabilities49 Total equity and liabilities 143 NN Co has just paid a dividend of 66 cents per share and has a cost of equity of 12%. The dividends of the company have grown in recent years by an average rate of 3%...
Accounts payable turnover(sales divided by average payables) is a short-term liquidity measure that measures the rate at which a company pays back its suppliers and vendors. What Is Inventory Turnover? Theinventory turnoverformula, which is stated as thecost of goods sold (COGS)divided by aver...
Cash management is important for individuals and businesses because cash is the primary asset used to invest and pay liabilities. One cash management technique includes using excess cash topay down lines of credit with a credit sweep. Cash management is an active method for companies and individuals...