Divide displayed expressions before the equals sign or the sign of operation when the expression ____________________________
a. extends beyond one line
b. uses fractions
c. requires at least two footnotes
d. requires two operations
a
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The following transactions for the month of March have been journalized and posted to the proper accounts
Mar. 1 The business received $9,000 cash and issued common stock to stockholders. Mar. 2 Paid the first month's rent of $900. Mar 3 Purchased equipment by paying $3,000 cash and executing a note payable for $7,000. Mar. 4 Purchased office supplies for $730 cash. Mar. 5 Billed a client for $10,000 of design services completed. Mar. 6 Received $7,900 on account for the services previously recorded. What is the balance in Cash? A) $13,170 B) $12,270 C) $15,270 D) $13,900
What is the biggest difficulty in managing cash flows?
a. Reconciling bank statements b. Preparing budgets c. Juggling the timing of what's coming in versus what's going out d. Falling into the growth trap