subject
Business, 19.02.2020 23:13 mathman783

Record the transactions directly in the T-accounts without using a journal. Use the letters to identify the transactions. Determine the ending balance in each account. (Select the "Bal" label on the normal balance side of the account and enter the ending balances.)

a. Justin Manchester opened a law firm by investing $ 23 comma 500 cash and office furniture with a fair value of $ 8 comma 900. Organized as a professional corporation, the business issued common stock to Manchester. b. Paid monthly rent of $ 1 comma 600. c. Purchased office supplies on account, $ 800. d. Paid employees' salaries of $ 2 comma 400. e. Paid $ 400 of the accounts payable created in transaction c. f. Performed legal service on account, $ 10 comma 800g. Declared and paid dividends of $ 2 comma 500.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
You decide that structural changes must be made at holden evans immediately to deal with the additional product lines. equipment and employees will have to be moved around to optimize production of all of the products in house. this shouldn't be too difficult because many of the vitamins and supplements are produced using similar processes. you have several options available to facilitate this process. which of the following methods do you think is the best choice? select an option from the choices below and click submit. because the changes may result in the loss of several key employees, you hire outside consultants who specialize in hr law. this way any employee terminations will not result in lawsuits. you select an outside consulting firm that your company has never worked with before, but it has a reputation for using new technology in product lines that are similar to yours. you select several trusted managers to facilitate the transition of operations from overseas. these individuals can gather information and also smooth any rough spots that may occur.
Answers: 3
question
Business, 22.06.2019 01:30
Side bar toggle icon performance in last 10 qs hard easy performance in last 10 questions - there are '3' correct answers, '3' wrong answers, '0' skipped answers, '1' partially correct answers about this question question difficulty difficulty 60% 42.2% students got it correct study this topic • demonstrate an understanding of sampling distributions question number q 3.8: choose the correct estimate for the standard error using the 95% rule.
Answers: 2
question
Business, 22.06.2019 20:00
During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above
Answers: 3
question
Business, 22.06.2019 21:10
In transportation model analysis, the stepping-stone method is used to: a. obtain an initial feasible solutionb. evaluate empty cells for possible degeneracyc. evaluate empty cells for potential solution improvementsd. identify a dummy origin pointe. balance supply and demand
Answers: 1
You know the right answer?
Record the transactions directly in the T-accounts without using a journal. Use the letters to ident...
Questions
question
History, 16.12.2019 13:31
Questions on the website: 13722363