Business

Business, 03.09.2019 18:30, melkumathurin

Bridgeport delivery service is owned and operated by jerome foley. the following selected transactions were completed by bridgeport delivery service during february: 1. received cash from owner as additional investment, $40,000.2. billed customers for delivery services on account, $13,750.3. paid creditors on account, $2,500.4. received cash from customers on account, $9,000.5. paid cash to owner for personal use, $1,000.

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Business, 11.09.2019 01:30, avaleasim

Interstate delivery service is owned and operated by katie wyer. the following selected transactions were completed by interstate delivery service during may: select the accounting equation elements (assets, liabilities, owner's equity) affected by the transaction. then, in the "direction" column, select the impact ("increases" or "decreases") on the accounting equation element. lastly, select the specific account within the accounting equation element that is affected. to illustrate, the answer to (1) follows: (1) asset (cash) increases by $18,000; owner's equity (katie wyer, capital) increases by $18,000.

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Business, 11.09.2019 01:30, tishfaco5000

Arrowhead delivery service is owned and operated by gates deeter. the following selected transactions were completed by arrowhead delivery service during august: 1. received cash from owner as additional investment, $25,000. 2. paid creditors on account, $3,750. 3. billed customers for delivery services on account, $22,400. 4. received cash from customers on account, $11,300. 5. paid cash to owner for personal use, $6,000. indicate the effect of each transaction on the accounting equation elements (assets, liabilities, owner's equity, drawing, revenue, and expense). also indicate the specific item within the accounting equation element that is affected. to illustrate, the answer to (1) is shown below. (1) asset (cash) increases by $25,000; owner's equity (gates deeter, capital) increases by $25,000.

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Business, 23.09.2019 20:10, julian73

Bridgeport delivery service is owned and operated by jerome foley. the following selected transactions were completed by bridgeport delivery service during february: 1. received cash from owner as additional investment, $40,000.2. billed customers for delivery services on account, $13,750.3. paid creditors on account, $2,500.4. received cash from customers on account, $9,000.5. paid cash to owner for personal use, $1,000.indicate the effect of each transaction on the accounting equation elements (assets, liabilities, owner’s equity, drawing, revenue, and expense). also indicate the specific item within the accounting equation element that is affected. to illustrate, the answer to (1) follows: (1) asset (cash) increases by $40,000; owner’s equity ( jerome foley, capital) increases by $40,000.

Answers: 3

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