User Account

All Pages

How much cash are available to b

Assignment Help Accounting Basics
Reference no: EM132772280

Problem 1: B has P100,000 in his savings account. The bank loaned P40,000 from B's savings to C, and credited this to C' checking account. C issued a P20,000 check to his friend. How much cash are we talking about? How much cash are available to B, the bank, C and his friend? What did you observe from the case?

Reference no: EM132772280

Questions Cloud

Outside of overall protection from cyber-attacks : Discuss whether or not your organization has ISO 27001 certification. Outside of overall protection from cyber-attacks,
What community resources might be important to you : Volunteers and political officials in local communities often campaign to improve conditions and provide services to increase the well-being of individuals.
How the threats and vulnerabilities align to definition : Define COBIT P09, you will describe COBIT P09's six control objectives, you will explain how the threats and vulnerabilities align to the definition
Discuss pros and cons of the restorative justice approach : Discuss the pros and cons of the restorative justice approach to juvenile crime. How might it best be approached? Will a non-punitive approach change behavior?
How much cash are available to b : How much cash are we talking about? How much cash are available to B, the bank, C and his friend? What did you observe from the case?
Determine the net present value of project : Determine the net present value of Project 1 over a five-year life, with residual value, assuming a minimum rate of return of 12%
Explain the key psychosexual stage concepts : Provide a summary of the following key psychosexual stage concepts: stage, age, focus of libido, development, and adult fixation. Provide an example.
Determine the internal rate of return for this project : A project is estimated to cost $208,175 and provide annual net cash flows of $55,000 for six years. Determine the internal rate of return for this project
What amount should be reported as basic earnings per share : The entity declared a 100% share split on ordinary shares. Net income for 2020 was ?12,000,000. What amount should be reported as basic earnings per share?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Explain disadvantages of having discretion over financial

Explain disadvantages of having discretion over financial reporting. When is discretion in financial reporting likely to lead to biased financial statements?

  How many monthly payments remain to be paid

How many monthly payments remain to be paid on an 8% mortgage with a 30year amortisation and monthly payments of $733.76

  How much will lawrence need to invest today

His daughter is currently 3 years old. How much will Lawrence need to invest today, at an interest rate of 8% compounded semiannually?

  Estimate the cost of the inventory destroyed in the fire

A fire destroyed a warehouse of the Goren Group, Inc., on May 4, 2016. Use the gross profit method to estimate the cost of the inventory destroyed in the fire

  Provide the journal entry for the estimated expense

Required - Provide the journal entry for (a) the estimated expense on September 30 and (b) the October 15 warranty work

  Current manufacturing system 140 variable cost per unit and

letterman office service amp supply loss sells a variety of office equipment including the executive office chair. the

  What is the total cash received on the issue date

The bonds are dated January 1, 2017, and pay interest on June 30 and December 31. What is the total cash received on the issue date

  Determine the amount of refund or additional tax

Determine the amount of refund or additional tax due upon filing their tax return. Indicate whether the amount is a refund or additional tax.

  Prepare the retained earnings statement for the year

Prepare the retained earnings statement for the year assuming the balance in retained earnings on January 1, 2017, was $218,000

  List of accounts below and the unadjusted balances

1. The list of accounts below and the unadjusted balances of these accounts were taken from the ledger of the Manville Corporation at the end of their accounting period, March 31, 20X2:

  Determine the exclusive property of the decedent

The Philippine exclusive properties were all tangible personal properties. Determine the Exclusive Property of the Decedent. Determine the Estate Tax Due

  Prepare the entry to record Flounder credit sales

Flounder Corporation made credit sales of $43,800 which are subject to 7% sales tax. Prepare the entry to record Flounder's credit sales

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd