subject
Business, 01.07.2019 22:20 lilisncz

Record the following selected transactions for january in a two‐column journal. once you have completed that, answer questions 1 – 5 related to your work. (a) earned $7,000 fees; customer will pay later. (b) purchased equipment for $45,000, paying $20,000 in cash and the remainder on credit (c) paid $3,000 for rent for january. (d) purchased $2,500 of supplies on account. (e) a. allen $1,000 investment in the company. (f) received $7,000 in cash for fees earned previously. (g) paid $1,200 to creditors on account. (h) paid wages of $6,250. (i) received $7,150 from customers on account. (j) a. allen withdrawal of $1,750. 1. for part (e), which two accounts are affected?

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 20:00, nestergurl101
With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?
Answers: 3
image
Business, 22.06.2019 22:30, queenjay34
Upper a report about the decline of western investment in third world countries included this: "after years of daily flights comma several european airlines halted passenger service. foreign investment fell 400 percent during the 1990 s." what is wrong with this statement? choose the correct answer below. a. if foreign investment fell by 100 % comma it would be totally eliminated comma so it is not possible for it to fall by more than 100 %. b. the actual amount of the decrease in foreign investment is less than 100%. c. if foreign investment fell by 100%, it would be cut in half. thus, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible. d. the statement does not mention the initial amount of foreign investment.
Answers: 3
image
Business, 23.06.2019 02:00, gthif5424
Which of the following describes a situation of scarcity? a. someone offers free advice about getting into college. b. someone distributes free bottles of water at the beach. c. a child charges friends for a ride on his new bike. d. a person lets the kids in the neighborhood use his pool.
Answers: 1
image
Business, 23.06.2019 02:50, Lacrosse34
Which of the following will be a source of cash flows for a shareholder of a certain stock? i. sale of the shares at a future date ii. the firm in which the shares are held paying out cash to shareholders in the form of dividends iii. the firm in which the shares are held increasing the total number of shares outstanding through a stock split
Answers: 2
You know the right answer?
Record the following selected transactions for january in a two‐column journal. once you have comple...

Questions in other subjects:

Konu
Mathematics, 30.03.2021 02:40
Konu
Mathematics, 30.03.2021 02:40