Business, 16.06.2020 21:57, michael1295
Brien Construction had the following business activities:
1. Stockholders invest $37,000 cash in the corporation.
2. Brien purchased $700 of office supplies on credit.
3. Brien purchased office equipment for $11,000, paying $2,300 in cash and signing a 30-day note payable for the remainder.
4. Brien paid $350 cash on account for office supplies purchased in transaction 2.
5. Brien purchased two acres of land for $13,000, signing a 2-year note payable.
6. Brien sold one acre of land at one-half of the total cost of the two acres, receiving the full amount or $6,500 in cash.
7. Brien made a payment of $6,500 on its 2-year note.
Required: Prepare journal entries for the above transaction.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 20:30, cajunldy2001
Elizabeth believes her company has discriminated against her because her minority coworkers, who are less qualified, have been promoted ahead of her. which agency should elizabeth contact? - national alliance of business- affirmative action council- equal employment opportunity commission- federal trade commission- fair employment practices agency
Answers: 2
Business, 21.06.2019 22:10, jdiel14
Fess receives wages totaling $74,500 and has net earnings from self-employment amounting to $71,300. in determining her taxable self-employment income for the oasdi tax, how much of her net self-employment earnings must fess count? a. $74,500 b. $71,300 c. $53,900 d. $127,200 e. none of the above.
Answers: 3
Business, 22.06.2019 11:10, takaralocklear
An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value
Answers: 2
Business, 23.06.2019 00:00, laylaaaaah2054
3. which of the following occupations relate to a skill category of mathematics and data? select all that apply. (2 correct answers) engineer financial analyst mechanic sales person 4. which of the following occupations relate to a skill category of words and literacy? select all that apply. (2 correct answers) educator lawyer marketing manager psychologist architect
Answers: 1
Do you know the correct answer?
Brien Construction had the following business activities:
1. Stockholders invest $37,000 cash in th...
Questions in other subjects:
World Languages, 12.06.2021 23:20
