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1) Show the effect on the accounting equation of the following events for the APRIL Company.
Example: Investors purchased common stock in APRIL for $1,000 cash.Answer: Assets increased Owners' Equity increased
a) APRIL borrowed $8,000 from the bank on a note.b) APRIL purchased a desk and two chairs for $1,500 cash.c) APRIL purchased supplies on account for $700.d)APRIL provided services to others for $7,200 cash.e) APRIL provided services to others for $2,300 on account.f) APRIL paid $280 cash for a newspaper ad.g) APRIL collected $600 of the money it was owed due to the services provided in e.h) APRIL paid off $300 of its supplies account created in c.i) APRIL paid its utility bill in the amount of $400 cash.j) APRIL paid a dividend to its investors in the amount of $500 cash.k) APRIL paid off half of its bank note from (a) by giving the bank $4,000 of common stock.
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.
Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.
Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Advise what tax consequences arise in respect of the payments.
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