Mathematics
Mathematics, 12.07.2019 09:00, Justus4215

If a company uses $1,410 of its cash to purchase supplies, the effect on the accounting equation would be:

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Business, 04.09.2019 18:30, sarah02152005
Smith company purchased $100 of supplies for her business and paid immediately. she would record this transaction in the accounting equation by which of the following? decrease cash; increase supplies.
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Business, 17.09.2019 18:30, anisa9231
Below are various transactions that a local corporation had occur during the month. for each transaction, indicate the transaction's effect on the company's accounting equation by selecting either increase, decrease, or no effect under each area of the accounting equation. do not leave any of the fields below blank. (note: if the transaction were to cause an increase and decrease to the same area of the accounting equation, "no effect" should be chosen as the overall effect to that area) a. received $50,000 in cash from the sale of its common stock to stockholders. b. borrowed $20,000 from the local bank by signing a note promising to pay back the $20,000 loan plus interest in two years. c. provided services to customers for $5,000 on account. d. paid $400 for utility costs. e. received $5,000 from the customers in "c" above. f. received $3,000 from customers for services to be performed in the future. g. purchased supplies costing $500 on account. h. paid cash dividends of $1,000 to stockholders. assets liabilities stockholders' equity a. answer answer answer b. answer answer answer c. answer answer answer d. answer answer answer e. answer answer answer f. answer answer answer g. answer answer answer h. answer answer answer
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Business, 18.09.2019 22:00, graceshort7orepzg
Ffect of transactions on accounting equation jay pembroke started a business. during the first month (april the following transactions occurred. invested cash in business, $18,000. bought office supplies for $4,600: $2,000 in cash and $2,600 on account. paid one-year insurance premium, $1,200. earned revenues totaling $3,300: $1,300 in cash and $2,000 on account. paid cash on account to the company that supplied the office supplies in transaction (b), $2,300. paid office rent for the month, $750. withdrew cash for personal use, $100. required: show the effect of each transaction on the individual accounts of the expanded accounting equation: assets = liabilities + owner's equity (capital - drawing + revenues - expenses). after transaction (g), report the totals for each element. use the minus sign to indicate a decrease or reduction in the account. if an amount box does not require an entry, leave it "blank" or enter "0".
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Business, 16.10.2019 04:00, potternatalie90
Recording transactions with the accounting equation during the year, the riley company experienced the following accounting transactions: purchased equipment with cash in the amount of $165,000. purchased supplies on account in the amount of $15,000. collected $19,500 cash from customers. paid a cash dividend of $11,000. using the accounting equation, record each of the transactions in columnar format using the following template: note: use negative signs with your answers, when appropriate. assets = liabilities + stockholders' equity cash + accounts receivable + supplies + equipment = accounts payable + retained earnings answer + answer + answer + answer = answer + answer answer + answer + answer + answer = answer + answer answer + answer + answer + answer = answer + answer answer + answer + answer + answer = answer + answer
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