1 Debtors and cash balance should be reported at _____date. a) monetary
b) reporting
c) settlement
d) balancesheet
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answer is settelment Jajjkaja
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Answer:
Option d) is the correct answer.
Explanation:
- Debtors have a debit balance, while creditors have a debt balance in the company. Payments or loans are received from creditors while loans are made to creditors.
- Cash balance is the amount of money available. That you get by taking a balance from last month's cash flow and adding this month's cash flow to it - that means withdrawing if cash flows are incorrect.
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