User Account

All Pages

Transaction in general journal format

Assignment Help Finance Basics
Reference no: EM131840397

In accounting its important to understand that there may be events that occur that are not business transactions. Please give us an example of a business transaction that affects the accounting equation. Remember that the expanded accounting equation is: Assets = Liabilities +Owner's Equity + Revenue -Expenses. Please be sure that you provide this transaction in General Journal format. Additionally give us an example of an event that is not an accounting transaction.

Reference no: EM131840397

Questions Cloud

Stock and the call prices change to start trading : Suppose the stock and the call prices change to start trading for $90 and $3 respectively. What should be the price of the put to preclude arbitrage profits?
Write an analysis of the skills for a career in healthcare : Write an analysis of the skills for a career in healthcare information technology, including a self-reflection of the skill development you will need.
Example of a sunk cost or not : At the moment PSC is leasing their Harris Park wharf facility to an unrelated entity for $85,000 p.a. The introduction of the new ferry will require
Define the cash conversion cycle and explain the components : From what sources might a corporation obtain funds through long-term debt? Define the cash conversion cycle and explain the components of it
Transaction in general journal format : Please be sure that you provide this transaction in General Journal format. Additionally give us an example of an event that is not an accounting transaction.
How much inventory does it have : Flying Penguins Corp. has total current assets of $11,845,175, current liabilities of $5,311,020, and a quick ratio of 0.89. How much inventory does it have?
What is the total cost of job : Job A064 used 74 tons of direct material at a cost of $375.00 per ton and took employees, What is the total cost of Job A064
Examining how the data will be obtained : Specific methods of data collection (e.g., surveys, interviews, observations) produce specific types of data that will answer particular research questions.
Determine whether businesses should consider icloud : Determine whether businesses should consider iCloud in their cloud computing strategy for their IT needs. Support your rationale.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the expected value of one roll

Someone offers you a game of unbiased die roll, where you win 35 USD on 1, and lose 98 USD on anything other than 1. What is the expected value of one roll?

  Understand what has been going on in the markets

Understand what has been going on in the Markets - QE, strong dollar, eurozone, QE in Japan and Eurozone, U.S. unemployment, Greece, inflation/deflation, impact of strong dollar on US exports and US companies (as well as foreign countries tha..

  How should private equity funds consider third-party

how should private equity funds consider third-party transactions in measuring fair

  What is the cost of common from retained earnings

Rivoli Inc. hired you as a consultant to help estimate its cost of common equity. You have been provided with the following data: D0 = $0.80; P0 = $22.50; and g = 8.00% (constant). Based on the DCF approach, what is the cost of common from retained e..

  Differentiate between mergers and acquisitions

Do some investigation on the Internet of three large mergers or acquisitions over the last two years. What was the rationale for each of these actions? Defend your answer with a comprehensive evaluation that demonstrates clear, insightful critical..

  What is meant by term lead investor slor and term sheet

What is meant by the terms, (a) Lead investor,  (b) SLOR, and  (c) Term sheet?

  Approximate distribution of the proportion

What is the sample proportion ˆp of college students at OSU who worked last summer? What is the approximate distribution of the proportion ˆp of college students at OSU who worked last summer?

  You are considering buying or leasing a new latest bmw

you are considering buying or leasing a new latest bmw model.the dealer offers you the following terms on a leasedown

  What is the pva at retirement

For each of the three scenarios (that is, retirement at age 60, 65 and 70), how much does she need to save each year assuming she puts $5,500 into the TFSA.

  Dinsmore artists international is in the business of

dinsmore artists international is in the business of managing singers and other artists in the entertainment industry.

  What is the present value of the annuity

The interest rate is 9 percent compounded monthly for the first six years, and 7 percent compounded monthly thereafter.

  Establishing new policies on smoking and obesity

A disciplinary action to oversee concerning a nurse accused of stealing drugs. A board committee is seeking direction on establishing new policies on smoking and obesity.

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