Reference no: EM131312164
Objectives : Apply underlying accounting concepts; evaluate business operations; construct a balance sheet) Nancy Boyd is a realtor. She organized her business as a corporation on September 16, 2015. The business received $80,000 from Boyd and issued common stock. Consider these facts as of September 30, 2015.
a. Boyd has $22,000 in her personal bank account and $56,000 in the business bank account.
b. Boyd owes $2,000 on a personal charge account with Ann Taylor Clothing Stores.
c. Boyd acquired business furniture for $50,000 on September 25. Of this amount, the business owes $41,000 on accounts payable at September 30.
d. Office supplies on hand at the real estate office total $3,000.
e. Boyd's business owes $86,000 on a note payable for some land acquired for a total price of $117,000.
f. Boyd's business spent $25,000 for a Nationwide Realty franchise, which entitles her to represent herself as an agent. Nationwide Realty is a national affiliation of independent real estate agents. This franchise is a business asset.
g. Boyd owes $124,000 on a personal mortgage on her personal residence, which she acquired in 2009 for a total price of $375,000.
|
Assignment on conflict resolution
: Conflict resolution is a necessary skill for any manager or leader. In this assignment, you will examine the difference between conflict and competition. You will also explore ways of determining when conflict resolution is necessary and explain w..
|
|
Research a company that has moved some of its operations
: Research a company that has moved some of its operations overseas. Discuss how this has directly affected the American workforce. Applying concepts you learned in the required readings, discuss who has benefited more from this practice: the Unit..
|
|
What you have learned about the psychopathology
: In this assignment, you have learned about diagnosis and assessment in psychopathology as well as different research methods in the field. Write an essay that describes what you have learned about the topics below covered in the unit
|
|
Evaluate business operations and construct a balance sheet
: Apply underlying accounting concepts; evaluate business operations; construct a balance sheet.- Jose Alvarado is a realtor.
|
|
Apply underlying accounting concepts
: Apply underlying accounting concepts; evaluate business operations; construct a balance sheet. Nancy Boyd is a realtor.
|
|
What is the meaning of the latin expression cogito ergo sum
: List five common expressions that reinforce the idea of human beings having a mind and a body. What did the French Philosopher Rene Descartes believe he had proven about minds? What is the meaning of the Latin expression Cogito Ergo Sum
|
|
How the marketing plan is helpful to the organization
: This project, you are to provide what the marketing plan is and research the different components of the marketing plan. You will also provide how the marketing plan is helpful to the organization.
|
|
Compare the relative efficiency of the pigou tax
: Compare the information required under each approach to set policy limiting pollution to the efficient level.
|
|
What does the information measure
: Why does an operations manager need to understand the financial side of the healthcare organization? How are the three financial statements related and what does the information measure?
|