Arrowhead delivery service is owned and operated by gates deeter. the following selected
tran...
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.
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 06:10, aj0914
Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) present value investment x $ investment y
Answers: 1
Business, 22.06.2019 07:00, ronnie7898
Amarket that consists of all possible consumers regardless of their specific needs or wants is a
Answers: 1
Business, 22.06.2019 11:50, Attaullah2519
Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers. b) may not accept the offer because it is considered lavish entertainment. c) must obtain written consent from batts brothers before accepting the offer.
Answers: 1
Business, 22.06.2019 21:00, ilovecatsomuchlolol
Mr. beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the bb-1 set. (bb-1 stands for body beautiful number 1.) the carrying cost for bb-1 is $5 per set per year. to meet demand, mr. beautiful orders large quantities of bb-1 seven times a year. the stockout cost for bb-1 is estimated to be $50 per set. over the past several years, mr. beautiful has observed the following demand during the lead time for bb-1: demand during lead time probability40 0.150 0.260 0.270 0.280 0.290 0.1total 1.0the reorder point for bb-1 is 60 sets. what level of safety stock should be maintained for bb-1?
Answers: 3
Do you know the correct answer?
Questions in other subjects:
Mathematics, 12.08.2020 05:01
