subject
Business, 20.09.2019 05:00 aletadaboss

During 2022, its first year of operations as a delivery service, flint corporation entered into the following transactions. 1. issued shares of common stock to investors in exchange for $107,000 in cash. 2. borrowed $52,000 by issuing bonds. 3. purchased delivery trucks for $67,000 cash. 4. received $14,000 from customers for services performed. 5. purchased supplies for $5,700 on account. 6. paid rent of $4,400. 7. performed services on account for $10,500. 8. paid salaries of $28,800. 9. paid a dividend of $10,400 to shareholders. using the following tabular analysis, show the effect of each transaction on the accounting equation.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:30
You wants to open a saving account.which account will grow his money the most
Answers: 1
question
Business, 22.06.2019 05:10
1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.
Answers: 1
question
Business, 22.06.2019 15:20
Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)
Answers: 2
question
Business, 22.06.2019 17:30
Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $
Answers: 2
You know the right answer?
During 2022, its first year of operations as a delivery service, flint corporation entered into the...
Questions
question
Chemistry, 13.10.2019 22:30
question
Mathematics, 13.10.2019 22:30
Questions on the website: 13722360