subject
Business, 19.03.2020 16:59 artiomtyler007

Need help for Accounting of the followings:

1) Torria wants to open a hair salon.

a. List 2 possible sources of revenue the business may have.

b. List 5 possible expenses the business may have.

2) Mykeda wants to open an electronic store selling Apple products.

a. Other than selling electronics, name one other source of revenue for the business

b. List 4 expenses the business may have

3) The following transactions are recorded in the books of Cato’s Electronics. Draw up T. Accounts for the following transactions

a. Jan 1. 2020 – Started business with $5000 cash

b. Jan 2. – Deposited $2,500 from cash, to the business bank account

c. Jan 3. – Paid for a Radio Advertisement - $500 by cheque

d. Jan 4. – Paid Rent $800 by cheque

e. Jan 5. – Bought $4,000 worth of stock on credit from Apple Inc

f. Jan 6. – Paid $1,000 cash to Customs in order to clear the stock from the port

g. Jan 7. – Sold goods $1,500 cashing

Complete all of them questions because I'm getting headaches! If you don't know then don't write nothing unnecessarily thank you!

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:20
List three major educational changes over the past 100 years that have positively influenced students. explain why these changes were influential.
Answers: 3
question
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
question
Business, 22.06.2019 19:30
Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery
Answers: 3
question
Business, 22.06.2019 23:50
The sarbanes-oxley act was passed to question 6 options: prevent fraud at public companies. replace all of the old accounting procedures with new ones. improve the accuracy of the company's financial reporting. both a and c
Answers: 3
You know the right answer?
Need help for Accounting of the followings:

1) Torria wants to open a hair salon.
Questions
question
Mathematics, 22.11.2019 11:31
question
Mathematics, 22.11.2019 11:31
question
Mathematics, 22.11.2019 11:31
question
Social Studies, 22.11.2019 11:31
question
Chemistry, 22.11.2019 11:31
question
Mathematics, 22.11.2019 11:31
Questions on the website: 13722367