Business, 20.09.2020 09:01 robert7248
Joel Henry founded Bookmart at the beginning of August, which sells new and used books online. He is passionate about books but does not have a lot of accounting experience. Help Joel by preparing the accounting equation effects for the following transactions. (Enter any decreases to account balances with a minus sign.)
a. The company purchased equipment for $5,100 cash. The equipment is expected to be used for 10 or more years.
b. Joel's business bought $8,100 worth of inventory from a publisher. The company will pay the publisher within 45—60 days.
c. Joel's friend Sam lent $5, 100 to the business. Sam had Joel write a note promising that Bookmart. com would repay the $5,100 in four months. Because they are good friends, Sam is not going to charge Joel interest
d. The company paid $2,050 cash for books purchased on account earlier in fie month.
e. Bookmart. com repaid the $5, 100 loan established in (c).
Answers: 1
Business, 22.06.2019 19:40, ashley4329
Anita has been named ceo of a popular sports apparel company. as ceo, she is tasked with setting the firm's corporate strategy. which of the following decisions is anita most likely to makea) whether to pursue a differentiation or cost leadership strategy b) which customer segments to target c) how to achieve the highest levels of customer satisfaction d) what range of products the firm should offer
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Business, 23.06.2019 08:30, gabe7774
1. using only the amounts given, compute net cash provided by operations, both without and with the reclassification of the receivables. which reporting makes moss look better? 2. under what condition would the reclassification of the receivables be ethical? 3. unethical?
Answers: 1
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