Reference no: EM131138574
Selected transactions for D. Reyes, an interior decorator, in her first month of business, are as follows.
Jan. 2 Invested $10,000 cash in business.
3 Purchased used car for $4,000 cash for use in business.
9 Purchased supplies on account for $500.
11 Billed customers $1,800 for services performed.
16 Paid $200 cash for advertising.
20 Received $700 cash from customers billed on January 11.
23 Paid creditor $300 cash on balance owed.
28 Withdrew $1,000 cash for personal use by owner.
Instructions
For each transaction indicate the following.
(a) The basic type of account debited and credited (asset, liability, owner's equity).
(b) The specific account debited and credited (cash, rent expense, service revenue, etc.).
(c) Whether the specific account is increased or decreased.
(d) The normal balance of the specific account.
Use the following format, in which the January 2 transaction is given as anexample.
.PNG)
|
Describe how each element is implemented
: In addition, select an organization with which you are familiar and describe how each one of the four elements of the marketing mix affects the development of the organization's marketing strategy and tactics. Describe how each element is implement..
|
|
Description of the new product or service
: Create a new product or service for an existing organization. This product or service will be the basis for your Marketing Plan Paper. Obtain your instructor's approval of your product or service before beginning this project.
|
|
What ethical liability relating to accountants and auditors
: What ethical and legal liability relating to accountants and auditors might relate to your SEC 10-K company? Review net income and post comments using the techniques you used for gross profit.
|
|
Determine the factor of safety of the slope
: Determine the factor of safety of the slope shown in Figure P16.5 using an ESA and a TSA. The point of rotation is indicated by O and the line representing the top of the stiff soil is a tangent to the failure plane.
|
|
The normal balance of the specific account
: Selected transactions for D. Reyes, an interior decorator, in her first month of business, are as follows.
|
|
African american farmers in the us south
: Would have been higher as a result of working these additional hours because value of an individual's well-being is included in GDP calculation.
|
|
How the event was perpetrated and how event was discovered
: Describe how the event was perpetrated, how the event was discovered and any action taken after the discovery; and recommend ONE possible deterrence measure which could or should have been taken.
|
|
Should your company purchase the dump truck
: The dump truck could be billed out at $55.00 per hour and costs $13.00 per hour to operate. The operator costs $22.00 per hour. Using 1,000 billable hours per year determine the net present value for the purchase of the dump truck using a MARR of 18%..
|
|
What conclusions can you draw from distribution of projects
: Once you have set up the table, place each of your 50 new products into one of the six categories.Tabulate the results at the bottom of each column. What conclusions can you draw from the distribution of your products? Explain fully. Your analysis..
|