How Many of the Following Items Would Be Included in a Cash

question 54

Multiple Choice

How many of the following items would be included in a cash budget? - Dividends paid to shareholders.
- Doubtful debts.
- Purchase of fixed asset for cash.
- Bonus share issue

• A)1
• B)2
• C)3
• D)4

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Definitions:

Adjusting Entries

Journal entries made at the end of an accounting period to allocate revenue and expenses to the period in which they actually occurred.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate revenue and expenses to the appropriate periods.

December Rent

A specific expense related to the leasing of property or space that is due in the month of December.