subject
Business, 05.05.2020 19:40 YoungManAlex

A) The owner opened the business with a capital contribution of $23,500 cash. It was credited to Capital. B) The business purchased office equipment for $11,500. The business paid $2,500 down and put the balance on a note payable. C) The business paid a utility bill for $980 cash. D) The business paid $2,000 cash for September rent. E) The business had sales of $15,000 in September. Of these sales, 60% were cash sales, and the balance was credit sales. F) The business paid $9,700 cash for office furniture. What is the net income for September, 2013

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 15:20
On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.
Answers: 2
question
Business, 22.06.2019 21:00
The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs
Answers: 1
question
Business, 22.06.2019 23:30
An outside supplier has offered to sell talbot similar wheels for $1.25 per wheel. if the wheels are purchased from the outside supplier, $15,000 of annual fixed overhead could be avoided and the facilities now being used could be rented to another company for $45,000 per year. direct labor is a variable cost. if talbot chooses to buy the wheel from the outside supplier, then annual net operating income would:
Answers: 1
question
Business, 23.06.2019 07:30
Which of the following commission structures creates sales people who are highly motivated to close a sales,because their entire income depends on it?
Answers: 1
You know the right answer?
A) The owner opened the business with a capital contribution of $23,500 cash. It was credited to Cap...
Questions
question
Mathematics, 26.08.2021 22:50
question
Mathematics, 26.08.2021 22:50
question
Business, 26.08.2021 22:50
question
Mathematics, 26.08.2021 22:50
question
Mathematics, 26.08.2021 22:50
question
Mathematics, 26.08.2021 23:00