Reflection about Jollibee or JFC company 2021 annual report. Detailed explanations about its presentation of financial statements, cash and cash equivalents, trade and other receivable

a) prepare the updated cashbook b) prepare the bank reconciliation statement as at 31 december 2020

Which of the following reports tracks past-due bills and bills that are due shortly? Profit & Loss Statement of Cash Flows Accounts Payable Aging Account Receivable agin

In a Bank's balancesheet , decrease in financial assets available for sale and Held for trading. what does it indicate? can you make 2 assumptions . thank you ! Year 2020($m) Cash and cash equivalents Due from other financial institutions-term deposits 835 826 Financial assets available-for-sale Financial assets held for trading

Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 1, 2020, are available here. This material also is available under the Investor Relations link at the company's website (www.target.com). Required: 1. Did Target's cash provided by operating activities in fiscal 2019 increase or decrease from the previous year? 2. Is Target's cash provided by operating activities more or less than net income in fiscal 2019? 3. What is Target's largest investing activity? 4. Is Target increasing or decreasing its long-term debt? 5. Some transactions that don't increase or decrease cash must be reported in conjunction with a statement of cash flows. What activity of this type did Target report during each of the three years presented? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3 Req 4 Req 5 Did Target's cash provided by operating activities in fiscal 2019…

On December 31, Harrison Company reports the following assets: Which of these are included in, and excluded from, cash on the companys balance sheet?

Preparing a Statement of Cash Flows Volusia Company reported the following comparative balance sheets for 2019: Required: Prepare a statement of cash flows for Volusia using the indirect method to compute net cash flow from operating activities.

Interest and Income Taxes Staggs Company has prepared its 2019 statement of cash flows. In conjunction with this statement, it plans to disclose the interest and income taxes it paid during 2019. The following information is available from its 2019 income statement and beginning and ending balance sheet: Required: 1. Compute the amounts of interest paid and income taxes paid by Staggs for 2019. 2. Next Level Under IFRS, how would interest paid and income taxes paid be reported?

Use the following excerpts from Jasper Companys financial statements to determine cash paid to suppliers for inventory in 2018.

Financial data for Otto Company follow: a. Compute the ratio of cash to monthly cash expenses. b. Interpret the results computed in (a).