Business, 08.10.2019 19:00, southsan2021
Identify which account would be debited and credited to record each transaction occurred at forever green lawn service. the first transaction has been completed as an example. transactions debit credit ex. issued a check for monthly rent. rent expense cash 1. purchased supplies on account. supplies accounts payable 2. purchased new equipment, issuing a check for a down payment, with balance due in thirty days. equipment cash, accounts payable 3. provided services on account. accounts receivable fees income 4. purchase supplies for cash. supplies cash 5. issued a check to pay a creditor on account. accounts payable cash 6. collected payment from credit customer. cash accounts receivable 7. issued checks to pay employees their monthly salaries. salaries expense cash 8. performed services for cash. accounts receivable fees income 9. received cash for damaged supplies returned. cash supplies 10. issued a check to pay the telephone bill.
Answers: 2
Business, 22.06.2019 00:10, laya35
What are the forecasted levels of the line of credit and special dividends? (hints: create a column showing the ratios for the current year; then create a new column showing the ratios used in the forecast. also, create a preliminary forecast that doesn’t include any new line of credit or special dividends. identify the financing deficit or surplus in this preliminary forecast and then add a new column that shows the final forecast that includes any new line of credit or special dividend.) now assume that the growth in sales is only 3%. what are the forecasted levels of the line of credit and special dividends?
Answers: 1
Business, 22.06.2019 11:00, hadwell34
You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)
Answers: 3
Business, 22.06.2019 11:00, neash19
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 3
Identify which account would be debited and credited to record each transaction occurred at forever...
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