Reference no: EM132591095
Question - AS Company is a company dedicated to removals. Its owner, Andrés Santiago, began operations in November. Analyze and record the following business transactions in the accounting equation (indicates increase + and decrease -) and in the Journal (General Journal ) (account affected by debit and credit):
1. Andrés Santiago made an investment of $ 12,000 in the business.
2. He paid $ 3,600 for business insurance for a full year.
3. He collected $ 5,000 in cash from his clients, for services already performed at the time.
4. He offered credit services of $ 2,500, and billed clients.
5. He paid $ 1,000 for the monthly water and electricity bills.
6. He withdrew $ 200 from the business account for personal use.
7. He charged $ 1,000 for services billed on Day 4.
8. He bought a land valued at $ 30,000, for which he paid $ 10,000 in cash and the rest went on credit with a guaranteed note.
9. He bought office equipment for $ 2,500 in cash.
10. Purchased weighing equipment for $ 5,000, on credit.
|
Prepare the necessary December adjusting journal entry
: Prepare the necessary December 31, 2014, adjusting journal entry to record depreciation assuming Delta uses: (a) The straight-line method of depreciation
|
|
Highest vapour pressure-acetone-methanol
: Which of the following liquids has the highest vapour pressure: acetone, methanol, water, ethyl, ether, or ethanol?
|
|
Determine net present value of cash flows from master degree
: Determine the net present value of cash flows from a Masters degree, assuming that no salary is earned during the graduate year of schooling.
|
|
What is the molar mass of ha
: We dissolve 2.77 g of an unknown acid, HA, in enough water to produce 25.0 mL of solution. The pH of this solution of HA
|
|
Analyze and record the business transactions
: Andrés Santiago, began operations in November. Analyze and record the following business transactions in the accounting equation
|
|
What difference between total and undiscounted cash inflows
: Kunkel Company, What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine?
|
|
Determining the initial concentrations of a
: (a) The solubility product, Ksp, of Sn(OH)4(s) is 1.0 x 10-57. What is its solubility (in g/L) in pure water?
|
|
Determining the concentration of a
: The reaction A(aq) ? B(aq) is a first order reaction with respect to A(aq). The concentration of A(aq) after 100.0 seconds of reaction
|
|
Original ph of the naoh solution
: To a 88.8 mL aqueous solution of NaOH, we add an excess of Mn(NO3)2 and produce 0.074 g of Mn(OH)2(s).
|