The following transactions occurred during July: 1. Received $1,350 cash for services performed during July. 2. Received $6,950 cash from the issuance of common stock to owners. 3. Received $675 from a customer as payment for services performed during June. 4. Billed $4,400 to customers for services performed on account in July. 5. Borrowed $3,000 from the bank and signed a promissory note. 6. Received $1,825 from a customer for services to be performed during August. As a result of these transactions, what is the amount of the increase to the Cash account

Aminor has the legal right to repudiate

mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.