Following are the transactions of Sustain Company. June 1 T. James, owner, invested $16,000 cash in Sustain Company in exchange for common stock. 2 The company purchased $9,000 of furniture made from reclaimed wood on credit. 3 The company paid $1,600 cash for a 12-month insurance policy on the reclaimed furniture. 4 The company billed a customer $8,000 in fees earned from preparing a sustainability report. 12 The company paid $9,000 cash toward the payable from the June 2 furniture purchase. 20 The company collected $8,000 cash for fees billed on June 4. 21 T. James invested an additional $15,000 cash in Sustain Company in exchange for common stock. 30 The company received $10,000 cash from a client for sustainability services for the next 3 months. Prepare general journal entries for the above transactions.

Abond is issued for less than its face value. which statement most likely would explain why? a. the bond's contract rate is higher than the market rate at the time of the issue. b. the bond's contract rate is the same as the market rate at the time of the issue. c. the bond's contract rate is lower than the market rate at the time of the issue. d. the bond isn't secured by specific assets of the corporation.

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.