subject
Business, 01.02.2021 20:30 edgytaehyung

Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transactions would have upon cash and net income. The first transaction has been completed as an example. (If an amount reduces the account balance then enter with negative sign preceding the number e. g. -15,000 or parentheses e. g. (15,000).) Required:
a. Purchased $133 of supplies for cash.
b. Recorded an adjusting entry to record use of $31 of the above supplies.
c. Made sales of $1,297, all on account.
d. Received $865 from customers in payment of their accounts.
e. Purchased equipment for cash, $2,528.
f. Recorded depreciation of building for period used, $610.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 04:30
Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?
Answers: 3
question
Business, 22.06.2019 05:50
Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?
Answers: 2
question
Business, 22.06.2019 13:10
Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?
Answers: 3
question
Business, 22.06.2019 14:30
Your own record of all your transactions. a. check register b. account statement
Answers: 1
You know the right answer?
Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that...
Questions
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
World Languages, 11.09.2020 01:01
question
Social Studies, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Geography, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Social Studies, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
question
Mathematics, 11.09.2020 01:01
Questions on the website: 13722367