Business
Business, 19.11.2020 01:20, lilred58

Mr. Douglas invested $25,000 cash in the business. 2. Purchased equipment worth $7,000 with a $500 down payment. The remainder is due in 30 days.
3. Paid $900 cash for a six-month insurance policy.
4. Received $3,000 cash from customers for services rendered.
5. Paid wages, $1,750.
6. Received and paid advertising bill of $100.
7. Performed services worth $2,500 for credit customers.
8. Received $1,700 cash from customers previously billed on account.
9. Mr. Douglas withdrew $5,300 cash for personal use.
10. Paid utility bill, $205.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 16:10, donbright100
Answer the following questions using the banker’s algorithm: a. illustrate that the system is in a safe state by demonstrating an order in which the processes may complete. b. if a request from process p1 arrives for (1, 1, 0, 0), can the request be granted immediately? c. if a request from process p
Answers: 1
image
Business, 22.06.2019 22:00, levicorey846
On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60
Answers: 3
image
Business, 22.06.2019 22:30, josephinekiim
Luggage world buys briefcases with an invoice date of september 28. the terms of sale are 2/10 eom. what is the net date for this invoice
Answers: 1
image
Business, 23.06.2019 01:50, katelynbychurch
Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. at what rate does the firm just break even?
Answers: 3
Do you know the correct answer?
Mr. Douglas invested $25,000 cash in the business. 2. Purchased equipment worth $7,000 with a $500...

Questions in other subjects:

Konu
History, 16.10.2020 08:01
Konu
Biology, 16.10.2020 08:01