Business, 28.01.2020 07:31 kadams3836
Below are various transactions that a local corporation had occur during the month. for each transaction, indicate the transaction's effect on the company's accounting equation by selecting either increase, decrease, or no effect for each area of the accounting equation. do not leave any of the fields below blank. note: if the transaction were to cause an increase and decrease to the same area of the accounting equation, "no effect" should be chosen as the overall effect to that area. a. received $50,000 in cash from the sale of its common stock to stockholders. b. borrowed $20,000 from the local bank by signing a note promising to pay back the $20,000 loan plus interest in two years. c. paid $8,000 for the purchase of equipment. d. provided services to customers for $5,000 on account. e. received $5,000 from the customers in "d" above. f. paid $1,200 for one year's worth of insurance in advance. g. paid $800 to employees for salaries. h. purchased supplies costing $1,400 on account.
Answers: 1
Business, 22.06.2019 11:00, PastyMexican24
On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.
Answers: 1
Business, 22.06.2019 17:10, lerasteidl
To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?
Answers: 1
Business, 22.06.2019 20:30, bbby2
1. what is the lowest balance during this period? 2. lily just received her bank statement below. a. what does the bank think her ending balance is? b. how much more does the bank think lily has? c. what transactions are missing? 3. what is the danger of not balancing your bank account? lily’s bank statement deposits: 2/25 $35 2/26 $20 3/1 $256.32 checks: 2/24 ck #301 $25 2/26 #302 $150 debit card: 2/24 american eagle $75.48 2/25 chick fa la $4.67 2/27 mcdonalds $3.56 2/28 chevron $34.76 withdrawal: 2/27 $40 beginning balance $423.34 deposits $311.32 total debits $333.47 ending balance $401.19
Answers: 1
Below are various transactions that a local corporation had occur during the month. for each transac...
Law, 29.08.2019 02:10