The following transactions occur for the Wolfpack Shoe Company during the month of June: a. Provide services to customers for $29,000 and receive cash.
b. Purchase office supplies on account for $19,000.
c. Pay $6,800 in salaries to employees for work performed during the month.

Required:
1. Analyze each transaction. For each transaction, indicate by how much each category in the accounting equation increases or decreases.

Assests = Liabilities + Stockholders Equity
a.
b.
c.
d.

2. Record the transactions. The company uses the following accounts: Cash, Supplies, Accounts Payable, Salaries Expense, and Service Revenue.
3. Post the transactions to T-accounts. Assume the opening balance in each of the accounts is zero.

The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?