Business
Business, 04.04.2020 09:37, lovelyb32p1waxd

The following transactions were completed by the company.
a. The company completed consulting work for a client and immediately collected $7,100 cash earned.
b. The company completed commission work for a client and sent a bill for $5,600 to be received within 30 days.
c. The company paid an assistant $2,200 cash as wages for the period.
d. The company collected $2,800 cash as partial payment for the amount owed by the client in transaction b.
e. The company paid $1,020 in cash for this period's cleaning services.
Enter the impact of each transaction on individual items of the accounting equation.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 13:30, yasarhan2
For june, gold corp. estimated sales revenue at $600,000. it pays sales commissions that are 4% of sales. the sales manager's salary is $285,000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $15,000. how much are budgeted selling expenses for the month of july if sales are expected to be $540,000.
Answers: 3
image
Business, 21.06.2019 20:30, heids17043
The link between volume of production and the cost of building manufacturing operations is particularly important in industries characterized byanswers: process innovations. product manufacturing. product innovation. process manufacturing.
Answers: 1
image
Business, 21.06.2019 23:30, trinitieu66
Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.
Answers: 3
image
Business, 22.06.2019 05:50, marjae188jackson
Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)
Answers: 3
Do you know the correct answer?
The following transactions were completed by the company.
a. The company completed consulting...

Questions in other subjects:

Konu
Chemistry, 19.08.2020 19:01
Konu
English, 19.08.2020 19:01