ILLUSTRATION 10. Following transaction are giv a. Started business with cash Rs. 250,000.
b. Goods purchased on credit of Rs. 40,000.
c. Goods costing Rs. 20,000 was sold for cash for R
d. Paid to creditors Rs. 10,000.
e. Amount withdrawn by proprietor Rs. 10,000.
f. Interest on capital Rs. 1,000.
8. Transfer from capital to loan Rs. 5,000
Required: Accounting equation
Solution

Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

12. to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill.