The following events occurred for Johnson Company:

a. Received investment of cash by organizers and distributed to them 1,150 shares of $1 par value common stock with a market price of $20 per share.
b. Purchased $7,100 of equipment, paying $2,000 in cash and owing the rest on accounts payable to the manufacturer.
c. Borrowed $15,000 cash from a bank.
d. Loaned $1,100 to an employee who signed a note.
e. Purchased $19,209 of land; paid $10,000 in cash and signed a note for the balance.

Required: For each of the events (a) through (e), perform transaction analysis and indicate the account, amount, and direction of the effect (+ for increase and − for decrease) on the accounting equation. Check that the accounting equation remains in balance after each transaction. (If no impact on accounting equation leave cells blank.)

Jason started last week with $900 in his checking account. during the week, he wrote the checks below. at the end of the week, jason received a paycheck for $534.59. he recorded all of these transactions in his check register. trans typ./ check no. date description of transaction payment/ debit deposit/ credit (+) balance 900 00 241 12/4 miller's food market 53.21 53 21 groceries 846 79 242 12/7 frank's auto parts 24.05 24 05 oil and filter 822 74 243 12/8 mike's barber shop 15.00 15 00 haircut 807 74 deposit 12/9 paycheck 534.59 534 59 1,342 33 evaluate jason's check register. a. jason did a good job; everything is correct. b. the final balance is wrong; jason did not add everything correctly. c. jason should have written debit instead of deposit for the transaction type. d. jason entered the amount for his paycheck in the wrong column.

According to which act will be the person punished

Which statement defines the term price ?