Following are the transactions of a new company called Pose-for-Pics.
Aug. 1 Madison Harris, the owner, invested $8,500 cash and $35,500 of photography equipment in the company in exchange for common stock.
2 The company paid $4,100 cash for an insurance policy covering the next 24 months.
5 The company purchased office supplies for $1,080 cash.
20 The company received $5,331 cash in photography fees earned.
31 The company paid $875 cash for August utilities.
Required:
Prepare an August 31 trial balance for Pose-for-Pics.
Answers: 2
Business, 22.06.2019 03:00
In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.
Answers: 2
Business, 22.06.2019 18:50
Dominic is the founder of an innovative "impromptu catering" business that provides elegant, healthy party food and decorations on less than 24 hours' notice. the company has grown by over 150 percent in the past year. dominic credits some of the company's success to studying the strategies of prominent social entrepreneurs, such as wikipedia's jimmy wales. what can dominic do to exemplify the social entrepreneurship model?
Answers: 2
Business, 22.06.2019 19:10
Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.
Answers: 3
Business, 23.06.2019 00:10
During the current year, luis university received a $50,000 gift from an alumna who specified that it must be used to pay travel costs for faculty to attend health care conferences in foreign countries. during the year the university spent $8,000 to support travel to a health care conference in italy. the $8,000 disbursement will cause a net decrease in which class of net assets?
Answers: 1
Following are the transactions of a new company called Pose-for-Pics.
Aug. 1 Madison Harris, the ow...
Computers and Technology, 01.07.2019 06:30
Mathematics, 01.07.2019 06:30
Biology, 01.07.2019 06:30
Mathematics, 01.07.2019 06:30
Chemistry, 01.07.2019 06:30
Mathematics, 01.07.2019 06:30
Mathematics, 01.07.2019 06:30
Mathematics, 01.07.2019 06:30
Mathematics, 01.07.2019 06:30
Mathematics, 01.07.2019 06:30