Joe owns Roll With It, a food truck and catering company. During the month of November, the following transactions occurred: purchase for cash from Freshly Produce, $250; purchase on account from River Valley Food Supply, $475; purchase on account from Sue's Catering Supplies, $325; purchase on account from Wholesome Ranch Meats, $290; cash payment to River Valley Food Supply, $350; and purchase on account from Wholesome Ranch Meats, $610. What is the balance in the controlling account, assuming the beginning balance was a credit balance of $150?

Select the word from the list that best fits the definition sometimes

Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains. the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available. two-thirds of the work related to $15,000 of cash received in advance was performed this period. the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired. wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.

Why should managers invest any excess cash