Skysong crusher is a licensed cpa. during the first month of operations of her business (a sole proprietorship), the following events and transactions occurred.
april 2 invested $27,070 cash and equipment valued at $12,900 in the business.
2 hired an administrative assistant at a salary of $255 per week payable monthly.
3 purchased supplies on account $833. (debit an asset account.)
7 paid office rent of $546 for the month.
11 completed a tax assignment and billed client $1,160 for services rendered. (use service revenue account.)
12 received $2,589 advance on a management consulting engagement.
17 received cash of $2,201 for services completed for ferengi co.
21 paid insurance expense $100. 30 paid administrative assistant $1,020 for the month.
30 a count of supplies indicated that $122 of supplies had been used.
30 purchased a new computer for $5,266 with personal funds. (the computer will be used exclusively for business purposes.)
journalize the transactions in the general journal.
Answers: 2
Business, 22.06.2019 03:00, brodybb5515
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Business, 22.06.2019 21:00, alexis9658
Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?
Answers: 2
Skysong crusher is a licensed cpa. during the first month of operations of her business (a sole prop...
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