Example 1 – Borrowing money journal entry ABC Company borrowed $300,000 from the bank The accounts affected are cash (asset) and bank loan payable (liability) Cash is increasing because the company is gaining cash from the bank, and bank loan payable is increasing because the company is incr...
Cash register tapes from the box office for the week show transactions No. 1571 to No. 1843 for total sales of $2858. The money was deposited in the bank account. Weekly sales report for the confectionery (candy store) shows a total of $225 as the theatre's share of sales. The money...
摘要:The existing evidence for exporters' entry and exit in response to exchange rate movements is based on either low frequency data or a sample with large devaluations. Using quarterly data of U.S. bilateral trade with 99 countries, this study provides new evidence that the extensive...
Identify the appropriate journal in which the company borrowing money from a bank should be recorded. a. cash disbursement journal b. cash receipts journal c. general journal d. purchase journal e. sales journal A cash sale of merchand...
from the Inter-Parliamentary Union database (retrieved from the World Bank). We operationalized theproportion of women in managementas the share of women in managerial positions. We retrieved these data from the International Labour Organization database (ILO,2020), which has been used, for ...
The French say it’s an Irish crime as that’s where the money was held. The Irish say it’s French as that’s where all the correspondence came from. The British say it’s nothing to do with them even though forged British passports were used to open the bank account in Spain. ...
摘要:We develop a novel approach for measuring bank specialization using granular data on borrower activities and apply it to Peruvian exporters and their banks. We find that borrowers seek credit from banks that specialize in their export destinations, both when expanding exports and when exporting ...
associated with the expansion of P2P lending. Eça et al. (2021) find that funds from technology-based online platforms go to high-quality small firms that already have access to bank credit. Recent studies show that trade credit has been an important distribution channel for conventional and ...
Self-reported survey data was collected from bank employees in Cyprus, Turkey and the United Arab Emirates (UAE). Results from partial least squares structural equation modelling (PLS-SEM) revealed that HPWS exerts a positive influence on FTP and PsyCap. The mediation effects hold for all the ...
Prepaid rent is the amount which is paid by the business to the tenant before the actual rental period. It is the amount considered as the short term asset of the business and it is disclosed as a current asset when the balance...