Cashflow – NBC Institute

FA – May 2022 – L1 – SA – Q20 – Accounts of Not-for-Profit Entities

Interpret what a credit balance on a receipts and payments account indicates for a not-for-profit organization.

Question

A credit balance on a receipts and payments account of a not-for-profit organization indicates that the entity:

A. Has excess cash in the bank
B. Received more cash than it paid out during the period
C. Made more cash payments than received during the period
D. Had more revenue than expenses during the period
E. Did not owe much liabilities during the period

Answer

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Tags: Cashflow, Not-for-profit, Receipts and Payments
Level: Level 1

Topic: Accounts of Not-for-Profit Entities
Series: MAY 2022

FA – May 2022 – L1 – SA – Q13 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identify a transaction that results in an increase in cash for the business.

Question

Which of the following transactions results in an increase in cash of the business?

A. Drawings from the business
B. Payment for a new asset
C. Proceeds from disposal of non-current asset
D. Payment to a supplier
E. Goods sold on credit to customers

Answer

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Tags: Business Transactions, Cashflow, Financial Reporting
Level: Level 1

FA – Nov 2022 – L1 – SA – Q1 – Scope and Purpose of Accounting

Identify the transaction that increases a business's cash balance.

Question

Which of the following transactions result in an increase in cash of a business?
A. Drawings from the business
B. Payment for a new asset
C. Proceeds from disposal of non-current asset
D. Payment to a supplier
E. Goods sold on credit to customers

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cashflow, Financial Reporting, Transactions
Level: Level 1

Topic: Scope and Purpose of Accounting
Series: NOV 2022

FA – May 2022 – L1 – SA – Q20 – Accounts of Not-for-Profit Entities

Interpret what a credit balance on a receipts and payments account indicates for a not-for-profit organization.

Question

A credit balance on a receipts and payments account of a not-for-profit organization indicates that the entity:

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cashflow, Not-for-profit, Receipts and Payments
Level: Level 1

Topic: Accounts of Not-for-Profit Entities
Series: MAY 2022

FA – May 2022 – L1 – SA – Q13 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identify a transaction that results in an increase in cash for the business.

Question

Which of the following transactions results in an increase in cash of the business?

A. Drawings from the business
B. Payment for a new asset
C. Proceeds from disposal of non-current asset
D. Payment to a supplier
E. Goods sold on credit to customers

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Transactions, Cashflow, Financial Reporting
Level: Level 1

FA – Nov 2022 – L1 – SA – Q1 – Scope and Purpose of Accounting

Identify the transaction that increases a business's cash balance.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cashflow, Financial Reporting, Transactions
Level: Level 1

Topic: Scope and Purpose of Accounting
Series: NOV 2022

Question Tag: Cashflow

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FA – May 2022 – L1 – SA – Q20 – Accounts of Not-for-Profit Entities

Interpret what a credit balance on a receipts and payments account indicates for a not-for-profit organization.

FA – May 2022 – L1 – SA – Q13 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identify a transaction that results in an increase in cash for the business.

FA – Nov 2022 – L1 – SA – Q1 – Scope and Purpose of Accounting

Identify the transaction that increases a business's cash balance.

FA – May 2022 – L1 – SA – Q20 – Accounts of Not-for-Profit Entities

Interpret what a credit balance on a receipts and payments account indicates for a not-for-profit organization.

FA – May 2022 – L1 – SA – Q13 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identify a transaction that results in an increase in cash for the business.

FA – Nov 2022 – L1 – SA – Q1 – Scope and Purpose of Accounting

Identify the transaction that increases a business's cash balance.

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FA – May 2022 – L1 – SA – Q20 – Accounts of Not-for-Profit Entities

Interpret what a credit balance on a receipts and payments account indicates for a not-for-profit organization.

You're reporting an error for "FA – May 2022 – L1 – SA – Q20 – Accounts of Not-for-Profit Entities"

FA – May 2022 – L1 – SA – Q13 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identify a transaction that results in an increase in cash for the business.

You're reporting an error for "FA – May 2022 – L1 – SA – Q13 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)"

FA – Nov 2022 – L1 – SA – Q1 – Scope and Purpose of Accounting

Identify the transaction that increases a business's cash balance.

You're reporting an error for "FA – Nov 2022 – L1 – SA – Q1 – Scope and Purpose of Accounting"

FA – May 2022 – L1 – SA – Q20 – Accounts of Not-for-Profit Entities

Interpret what a credit balance on a receipts and payments account indicates for a not-for-profit organization.

You're reporting an error for "FA – May 2022 – L1 – SA – Q20 – Accounts of Not-for-Profit Entities"

FA – May 2022 – L1 – SA – Q13 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identify a transaction that results in an increase in cash for the business.

You're reporting an error for "FA – May 2022 – L1 – SA – Q13 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)"

FA – Nov 2022 – L1 – SA – Q1 – Scope and Purpose of Accounting

Identify the transaction that increases a business's cash balance.

You're reporting an error for "FA – Nov 2022 – L1 – SA – Q1 – Scope and Purpose of Accounting"

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