Journalize the in the general journal

Assignment Help Financial Accounting
Reference no: EM131265401

Journalize the following in the general journal:

Invested $50,000 in cash and equipment valued at $27,000

A count of supplies shows that $300 had been used up

Purchased 100 shares of common stock at $40 each

Purchased a new laptop with $9000 of own cash-business purposes only

Reference no: EM131265401

Questions Cloud

Describe a real or hypothetical situation that requires : Describe a real or hypothetical situation that requires someone to make a policy decision. Then, select one of the three approaches to forecasting to apply: extrapolative, theoretical, or judgmental.
Net identifiable assets on the date of business combination : Dish Company issued 43,000 shares of its $2 par value common stock at a market price of $17 per share to acquire Eason Company in a statutory merger. Dish also incurred $2,000 legal fees and $300 for issuing the stock in the merger. Dish recorded $1,..
Healthcare organizational websites : In addition, compare and contrast your own definition of quality and how the 2 healthcare organizational websites you selected from the unit assignment activities, located under the Course Content in Unit 1, differs?
Implement a program to solve the puzzle problem : In this project you will implement a program to solve the 8-puzzle problem using the A*, IDA* or RBFS algorithm. Your program should be a command line based program reading input from stdin and print results to stdout
Journalize the in the general journal : Journalize the following in the general journal:
Determine which arguments are the most plausible : Determine which arguments are the most plausible. Provide a rationale for your views. After creating a cumulative frequency distribution from the list, discuss new ideas generated by each stakeholder.
Calculate the full-load torque and power developed : The fullload slip is 4%. Calculate the full-load torque and power developed. Find also the maximum torque and the corresponding speed.
Sources of regulatory requirements : Choose one of the three sources of regulatory requirements listed above. Write a three paragraph briefing statement which summarizes the regulatory requirements as they apply to the company's collection, processing, management, and storage of pers..
Find the resistance to be added to the rotor circuit : A 6-pole, 50 Hz induction motor has a rotor resistance of 0.25 Ω and a maximum torque of 180 Nm while it runs at 860 rpm.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Alpha corporation reported the data

Alpha Corporation reported the  data for its most recent year sales

  What is present value to be received

What is present value of $2,500 to be received at the beginning of each of 30 periods, discounted at 10% compound interest?

  Generate an equation to represent within the relevant range

Generate an equation to represent, within the relevant range, the manufacturing overhead costs per month for Johnny Lee, Inc.

  An investment offers 8800 per year for 14 years with the

an investment offers 8800 per year for 14 years with the first payment occurring 1 year from now. assume the required

  Calculate the amount of the required payment at age 28

Calculate the amount of the required payment at age 28 if you are to remain on track for retirement. - Calculate the value of the investment at year-end 2015.

  Prepare a contribution margin income statement

Contribution Margin income Statement: prepare a contribution margin income statement if Green which, Inc., wants to make a profit of $50,000. It has variable costs of $10 per unit and fixed costs of $20,000. How much must it charge per unit if 5000 u..

  Calculate the firms break-even point

Calculate the firms break-even point in units of production and predict the firm's profitability if volume is 1,200 units.

  Gerald boards produces two kinds of skateboards

Gerald Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter. Compute the per-unit cost for each product

  Compare the issued capital in the balance sheet

Compare the Issued Capital in the Balance Sheet or Statement of Changes in Equity of Harvey Norman with that of the Parent in the note on Parent Entity Disclosures by providing examples and discussing the similarities.

  Capacity of the engines to produce power

Valley Power Company overhauled four turbine engines that generate power for customers. The overhaul resulted in a slight increase in the capacity of the engines to produce power. Such overhauls occur regularly at two-year intervals and have been tre..

  Cost method to the equity method for investments

Companies often invest in the common stock of other corporations. The way we report these investments depends on the nature of the investment and the investor;s motivation for the investment. What is the specific citation that describes how to accoun..

  Prepare the journal entries to record tax collections

Prepare the journal entries to record tax collections and remittances for the Kirby County Tax Agency Fund and what percentage interest in the pool is held by the town and the school district

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd