Respuesta :
The net increase in cash for 2010 is $10.000 with total debits to the account of $45,000, and total credits to the account of $35,000.
Give a brief account on net cash.
The amount known as net cash will be disclosed in a company's financial statements. It is computed by deducting the total liabilities of a corporation from its cash balance. The net cash amount is frequently used when examining a company's cash flows. The term "net cash" can also refer to the remaining cash after a transaction has been completed and all associated expenses and deductions have been taken into account.
Similar to the current ratio, net cash is a metric for assessing a company's liquidity, or its capacity to pay its debts on time. Financial commitments made by an organization may take the form of investment activity, debt payments, or routine running expenses. To figure out net cash for a period, you must first add up all cash (not credit) receipts. This amount is often referred to as "gross cash." The sum of the gross cash, less the cash paid for commitments and liabilities, is the net cash.
To know more about, net cash, visit :
https://brainly.com/question/17002146
#SPJ4
