User Account

All Pages

Prepare a tabular analysis of the transactions

Assignment Help Accounting Basics
Reference no: EM132479323

Question 1. Prepare a tabular analysis of the following transactions for the year 2016 for Green Company:

Point 1) Stockholders invested SR 1,000,000 cash to start the company

Point 2) The company purchased a piece of machinery on credit for SR 10,000.

Point 3) It purchased a truck by paying SR 50,000 and borrowing the remaining SR 25,000 required to complete the transaction.

Point 4) The company had cash revenue of SR 100,000

Point 5) Purchased a land for SR 150,000 on account.

Point 6) Sold the land after one month for SR 150,000.

Point 7) Borrowed SR 150,000 from a local bank.

Point 8) Incurred SR 10,000 as electricity expenses all in cash

Point 9) Paid SR 50,000 salaries for its employees

Point 10) Paid a liability of SR 32,500.

Point 11) Distributed dividends of SR 4,000 cash.

Point 12) Provided services for its clients for SR 320,000 on account.

Point 13) Incurred 5,400 of advertising costs on account.

Point 14) Collected an account receivable of SR 120,000

Point 15) Purchased a computer on credit for SR 6,000.

Reference no: EM132479323

Questions Cloud

Evaluate the evidence to determine which intervention to use : Once you graduate and obtain your first job out of your Master of Social Work program, you may be asked to identify the gaps in services at your new agency.
Create a service blueprint that depicts an overnight stay : Create a service blueprint that depicts an overnight stay in a nationally-recognized hotel chain, prepare a brief description of two procedures that prevent
Confidence interval for the population mean : Calculate a 96% confidence interval for the population mean.
Describe child-rearing styles - authoritarian and permissive : Briefly describe the two child-rearing styles, Authoritarian and Permissive. Finally, explain how culture may impact the type of attachment.
Prepare a tabular analysis of the transactions : Prepare a tabular analysis of the transactions for the year 2016 for Green Company, Stockholders invested SR 1,000,000 cash to start the company
Confidence interval for the mean additional amount : Find and interpret a? 90% confidence interval for the mean additional amount of tax owed for estate tax returns.
Confidence affect the sample size? required : A doctor wants to estimate the mean HDL cholesterol of all? 20- to? 29-year-old females. How many subjects are needed to estimate the mean HDL cholesterol
Explain health and physical conditions of young adulthood : Explain some health and physical conditions of young adulthood explain some genetic influences, behavioral, and other influences that directly and indirectly.
What is the statistic : He records the number of siblings for each of 75 randomly selected students in the school. What is the statistic?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the inn break-even point in dollars per month

The inn has 72 rooms that are rented at $50 per room-night. Determine the inn's break-even point in dollars per month

  Complete the departmental expense allocation spreadsheet

complete the departmental expense allocation spreadsheet for overroad cycle shop. assign 1 direct expenses to each of

  The balance sheet of an average

a. Based on this evidence, has the financial position of the average household improved during this period of time? Explain your answer. b. What do you think the average household balance sheet looks like today? Explain your answer.

  What is burger queens operating leverage b if sales

burger queen restaurant had the following information available related to its operations from last year sales 150000

  Determine the effect of oj debt discharge

For the year, OJ incurs a $20,000 operating loss. Oliver and James are both solvent. Oliver's basis in OJ is $30,000; James's basis is $40,000. Determine the effect of OJ's debt discharge and net operating loss on Oliver and James assuming that

  What are the four steps of the accounting cycle

Risks and Uncertaintiesrequires disclosure in financial statements of risks and uncertainties existing at the date of the financial statements. What are the four areas of disclosure described in the Roger CPA Exam Review and what are the 4 steps o..

  Calculate the accumulated depreciation

calculate the accumulated depreciation at the end of year 3

  Calculate the profitability of three products pilot study

ACC5213 Management Accounting with a Strategic Perspective Assignment. Calculate the profitability of the three products in the pilot study, using the traditional method of cost allocation. (Show workings). Calculate the profitability of the three p..

  How much interest expense will we save

If we refinance for the remaining 10 years at 7% how much interest expense will we save over the remainder of the loan

  What are the unique accounting and measurement issues

why do colleges and universities report some scholarships as revenue deductions and others as expenses? What are some of the guidelines - Does this distort the financial reporting process?

  What assumptions underlie the decision made

Innova also incurs 5% sales commission ($0.35) on each disc sold.  Mudd Corporation offers Innova $4.75 per disc for 5,000 discs. Mudd would sell the discs under its own brand name in foreign markets not yet served by Innova.

  Fuller calls a meeting of the accounting department to

write a 1200- to 1500-word paper explaining the legal aspects financial standards involved and ethicality of the

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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