Problem - 1 Following transactions are given to you:

2073 Shrawan

1 Business started with cash Rs.1,00,000.

2073 Shrawan 3 Purchased goods for cash Rs.20,000.

2073 Shrawan 7 Sold goods for cash Rs.17,000.

2073 Shrawan 10 Paid rent Rs.9,000.

2073 Shrawan 17 Purchased goods from Kedar for Rs.24,000.

2073 Shrawan 20 Paid wages Rs.4,000.

Required:

a) Journal entries

c) Purchases account

148 Accounting

b) Capital account

d) Cash account

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76

The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading