The following events occurred for favata company: a. received $10,000 cash from owners and issued stock to them. b. borrowed $7,000 cash from a bank and signed a notes due later this year. c. bought and received $800 of equipment on account. d. purchased land for $12,000, paid $1,000 in cash and signed a long-term note for $11,000.e. purchased $3,000 of equipment, paid $1,000 in cash and charged the rest on account. required: for each of the events in above, prepare journal entries, checking that debits equal credits. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?

The year is 2278, and the starship enterprise is running low on dilithium crystals, which are used to regulate the matter-antimatter reactions that propel the ship across the universe. without the crystals, space-time travel is not possible. if there is only one known source of dilithium crystals, the necessary conditions for a monopoly are met. part 2 (1 point)see hint if the crystals are government owned or government regulated, and the government wants to create the greatest welfare for society, then it should set the price choose one or more: a. so only the rich can afford space-time travel. b. at the profit-maximizing price. c. at the efficient price. d. using the marginal-cost pricing rule. e. so everyone can afford space-time travel. f. at the monopoly price.

Which activity is not allowed in a 3 compartment sink