Journalise following transactions and prepare Cash A/c only. 2019
July
1)Hardik started business with Cash 15,000 and Machinery 20000
4)Purchased goods for 9,000 less 10% Cash Discount.
9)Sold goods to Amar 3,000
12)Distributed goods worth 700 as free samples.
14)Bought Stationery for 550 for office use.
18)Received 950 from Dhanashree, a customer, whose account was earlie
written off as a bad debts.
21)Abhiram invoiced us goods worth 3,000.
24)Settled Abhiram's account, he allowed 5% cash discount.
27)Exchanged goods worth 2,500 against Furniture of the same amount.
29)Withdrawn cash from ATM 5,000 for office use and 3000 for personal use.​

Assume a firm's production process requires an average of 80 days to go from raw materials to finished products and another 40 days before the finished goods are sold. if the accounts receivable cycle is 70 days and the accounts payable cycle is 80 days, what would the operating cycle be?

Match the steps for conducting an informational interview with the tasks in each step.

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next