subject
Mathematics, 21.01.2022 14:00 yddlex

Assume a company has the following transactions during the week. a. $4,000 cash is received in exchange of 100 shares of stock.

b. The company received a loan of $10,000.

C. The company buys $6,000 worth of equipment with cash.

d. The company provides a service and is paid $3,000.

e. $2,000 worth of services is provided to a Joe Client on credit (Joe Client is to pay at a later date).

f. Joe Client decides to pay $500 of the amount owed.

What is the total dollar amount of assets at the end of the week?

(Hint: Use the accounting equation.)
$8.500 $9,500 $9,000 $18.500 $19,000 $19,500

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 15:50
Agreeting card company can produce a box of cards for $7.50. if the initial investment by the company was $50,000, how many boxes of cards must be produced before the average cost per box falls to $10.50?
Answers: 1
question
Mathematics, 21.06.2019 17:00
Mary beth used the mapping rule to find the coordinates of a point that had been rotated 90° counterclockwise around the origin. examine the steps to determine whether she made an error. m (3, –6) is rotated 90° counterclockwise. (x, y) → (–y, x) 1. switch the x- and y-coordinates: (6, –3) 2. multiply the new x-coordinate by –1: (6(–1), –3) 3. simplify: (–6, –3) .
Answers: 1
question
Mathematics, 21.06.2019 18:00
Acompany wants to reduce the dimensions of its logo by one fourth to use on business cards. if the area of the original logo is 4 square inches, what is the area of the logo that will be used on the business cards?
Answers: 1
question
Mathematics, 21.06.2019 20:00
Maurice has 54 fewer comic books than rebecca.they have 130 comic books together .how many comic books are in maurices collection ? how many comic books are in rebeccas collection
Answers: 1
You know the right answer?
Assume a company has the following transactions during the week. a. $4,000 cash is received in exc...
Questions