Business, 06.09.2021 20:40, tddreviews

Show a detailed journalizing of the following transactions: a. Borrowed $150,000 from First Street Bank by signing a note payable.
b. Purchased $25,000 of equipment for cash.
c. Paid $2,000 to landlord for rent for January.
d. Performed services for customers on account, $10,000.
e. Collected $3,000 from customers for services performed in Transaction
f. Paid salaries of $6,500 for the current month.
g. Declared and paid $1,100 dividend to stockholders.
h. Purchased $2,900 of supplies on credit.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 13:40, samchix9062

Which statement best defines a grant? a grant is an educational plan in which students alternate between studying for school and gaining work experience. a grant is a loan offered to students to pay for education-related expenses. a grant is money given by an organization for a specific purpose. a grant is a loan offered to anyone who is thinking about attending college.

Answers: 1

continue

Business, 22.06.2019 16:20, ashleyprescot05

Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000

Answers: 1

continue

Business, 22.06.2019 16:30, sammuelanderson1371

Which of the following has the largest impact on opportunity cost

Answers: 3

continue

Business, 22.06.2019 23:10, wereallmadhere111

Amazon inc. does not currently pay a dividend. analysts expect amazon to commence paying annual dividends in three years. the first dividend is expected to be $2 per share. dividends are expected to grow from that point at an annual rate of 4% in perpetuity. investors expect a 12% return from the stock. what should the price of the stock be today?

Answers: 1

continue

Do you know the correct answer?

Show a detailed journalizing of the following transactions: a. Borrowed $150,000 from First Street...