Information for Crisby Company Is as Follows

question 43

Essay

Information for Crisby Company is as follows:
Required:

---

Definitions:

Investing Activities

These are transactions related to the acquisition or sale of long-term assets and other investments not included in cash equivalents.

Note Payable

A written promise to pay a specific amount of money, usually with interest, by a certain date.

Financing Activities

These refer to transactions and business events involving the flow of cash between a company and its investors, creditors, and owners, such as issuing shares, borrowing loans, and paying dividends.

Accounts Receivable Balance

The total amount of money due to a company for goods or services delivered or used but not yet paid for by customers.