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Arts, 30.08.2019 14:30, b00n4l1f3

Apurchase of a vehicle for cash would have what effect on the accounting equation

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Business, 04.10.2019 23:20, zahnjoey2470
E2-4 (static) determining financial statement effects of several transactions lo2-3 the following events occurred for johnson company: received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share. purchased $15,000 of equipment, paying $3,000 in cash and owing the rest on accounts payable to the manufacturer. borrowed $10,000 cash from a bank. loaned $800 to an employee who signed a note. purchased $13,000 of land; paid $4,000 in cash and signed a note for the balance. required: for each of the events (a) through (e), perform transaction analysis and indicate the account, amount, and direction of the effect (+ for increase and − for decrease) on the accounting equation. check that the accounting equation remains in balance after each transaction. (if no impact on accounting equation leave cells blank.)
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Business, 06.10.2019 07:30, tsadface21
The following events occurred for johnson company: received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share. purchased $15,000 of equipment, paying $3,000 in cash and owing the rest on accounts payable to the manufacturer. borrowed $10,000 cash from a bank. loaned $800 to an employee who signed a note. purchased $13,000 of land; paid $4,000 in cash and signed a note for the balance. required: for each of the events (a) through (e), perform transaction analysis and indicate the account, amount, and direction of the effect (+ for increase and − for decrease) on the accounting equation. check that the accounting equation remains in balance after each transaction. (if no impact on accounting equation leave cells blank.)
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Business, 29.10.2019 03:31, jordan8037
How do run a view income and expenses affect accounting equation? explain the fact of each of the transactions listed below on the accounting equation/assets, liabilities, and owners equity a. owner invests more money in the business b.the company receives cash through a bank loan c. the company purchasers equipment by paying cash d. the owners contributes a personal vehicle to the business e. the company purchases office premises by paying 50% in cash in the balance amount by issuing a note payable
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