Business, 18.09.2019 21:00, bludragonfly33
For each transaction, (1) analyze the transaction using the accounting equation, (2) record the transaction in journal entry form, and (3) post the entry using t-accounts to represent ledger accounts. use the following (partial) chart of accounts—account numbers in parentheses: cash (101); accounts receivable (106); office supplies (124); trucks (153); equipment (167); accounts payable (201); unearned landscaping revenue (236); common stock (307); dividends (319); landscaping revenue (403); wages expense (601), and landscaping expense (696). on may 15, deshawn tyler opens a landscaping company called elegant lawns by investing $7,000 in cash along with equipment having a $3,000 value in exchange for common stock. on may 21, elegant lawns purchases office supplies on credit for $500. on may 25, elegant lawns receives $4,000 cash for performing landscaping services. on may 30, elegant lawns receives $1,000 cash in advance of providing landscaping services to a customer.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 23:30, shannydouglas
Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?
Answers: 3
Business, 22.06.2019 01:00, biggs113056
Awidower devised his fee simple interest in his residence as follows: “to my daughter for life, then to my oldest grandchild who survives her.” at the time of the widower’s death, he was survived by his only two children, a son and a daughter, and by one grandchild, his daughter’s son. a short time later, the daughter together with her son entered into a contract to sell the residence in fee simple to a buyer. the applicable jurisdiction continues to follow the common law rule against perpetuities, but has abrogated the rule in shelley’s case. at the closing, the buyer refused to purchase the residence. can the sellers compel the buyer to do so?
Answers: 2
Business, 22.06.2019 17:50, Senica
Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?
Answers: 1
Do you know the correct answer?
For each transaction, (1) analyze the transaction using the accounting equation, (2) record the tran...
Questions in other subjects:
Mathematics, 13.01.2020 07:31
Social Studies, 13.01.2020 07:31
Health, 13.01.2020 07:31
Chemistry, 13.01.2020 07:31
Computers and Technology, 13.01.2020 07:31
