Commerce Exam > Commerce Questions > Increase of decrease in the Bank balance is -...
Start Learning for Free
Increase of decrease in the Bank balance is ---------
- a)Operating Activity
- b)Cash and Cash Equivalents
- c)Financing Activity
- d)Investing Activity
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Increase of decrease in the Bank balance is ---------a)Operating Activ...
The purchase of a equipment by the cash then it is called the decrease bank balance and then we sale that product to increase the amount in bank
Community Answer
Increase of decrease in the Bank balance is ---------a)Operating Activ...
Explanation:
Increasing or decreasing the bank balance is categorized under Cash and Cash Equivalents in the financial statements. This is because any changes in the bank balance directly impact the cash and cash equivalents of a company.
Operating Activity:
- Operating activities include transactions related to core business operations, such as revenue generation, expenses, and net income. Changes in bank balance are not directly related to operating activities.
Financing Activity:
- Financing activities involve transactions related to raising capital or repaying debts. Changes in bank balance are not typically associated with financing activities.
Investing Activity:
- Investing activities include transactions related to the acquisition and disposal of long-term assets. Changes in bank balance are not directly linked to investing activities unless they involve significant cash transactions related to investments.
Cash and Cash Equivalents:
- Cash and cash equivalents include cash on hand and demand deposits that are readily convertible into cash. Any increase or decrease in the bank balance directly impacts the cash and cash equivalents of a company.
In conclusion, changes in the bank balance fall under the category of Cash and Cash Equivalents in the financial statements as they represent the liquid assets available to a company.
Increasing or decreasing the bank balance is categorized under Cash and Cash Equivalents in the financial statements. This is because any changes in the bank balance directly impact the cash and cash equivalents of a company.
Operating Activity:
- Operating activities include transactions related to core business operations, such as revenue generation, expenses, and net income. Changes in bank balance are not directly related to operating activities.
Financing Activity:
- Financing activities involve transactions related to raising capital or repaying debts. Changes in bank balance are not typically associated with financing activities.
Investing Activity:
- Investing activities include transactions related to the acquisition and disposal of long-term assets. Changes in bank balance are not directly linked to investing activities unless they involve significant cash transactions related to investments.
Cash and Cash Equivalents:
- Cash and cash equivalents include cash on hand and demand deposits that are readily convertible into cash. Any increase or decrease in the bank balance directly impacts the cash and cash equivalents of a company.
In conclusion, changes in the bank balance fall under the category of Cash and Cash Equivalents in the financial statements as they represent the liquid assets available to a company.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
|
Explore Courses for Commerce exam
|
|
Similar Commerce Doubts
Top Courses for CommerceView all
Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer?
Question Description
Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer?.
Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Increase of decrease in the Bank balance is ---------a)Operating Activityb)Cash and Cash Equivalentsc)Financing Activityd)Investing ActivityCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Commerce tests.
|
|
Explore Courses for Commerce exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup