Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem - Zen Hatha opened a Yoga Studio and during a short period as a dealer completed these transactions: (1) Started the yoga studio, Asha Yoga Studio, by investing $50,000 in cash and equipment with a $28,000 fair value. (2) Purchased land valued at $35,000 and a small building valued at $80,000; paid $30,000 cash and signed a note payable, agreeing to pay the balance over a period of years. (3) Purchased office supplies on credit, $100. (4) Zen Hatha contributed his personal automobile, which had a $12,000 fair value, for exclusive use in the business. (5) Paid the yoga instructor salary, $500. (6) Completed monthly yoga classes for the value of $6,500 cash. (7) Paid $650 cash for a magazine advertisement. (8) Paid for the supplies purchased in transaction (3). (9) Purchased new yoga mats for the business, paying $300 cash. (10) Completed a yoga assessment and billed the client $400. (11) Zen Hatha withdrew $200 from the business to pay personal expenses. (12) Received payment in full for the appraisal of transaction (10). What was the total of the debit balances shown in the trial balance prepared after these transactions were posted?
Prepare a presentation for upper level management to explain the process by which a privately held company would transition to publicly held company.
Panton ice acquired 18000 share of glotfelty corp several years ago. None of this stock is purchased by panton How would this transaction affect panton's books?
under the terms of their divorce agreement tom transferred google stock to his former wife tammy as a property
distinguish between financial and other types of accounting. why do different users have different interests in
Violet Corporation issues 1,200 shares of $150 par value preferred stock at a price of $200 per share. What journal entry would Violet make
THE EMPLOYEE-EMPLOYER RELATIONSHIP (E-MAIL): SCENARIO - Jaime has an annual contract with Manila Office Supplies to provide property maintenance services; this includes lawn care, snow removal and parking lot maintenance
Identify and discuss the key steps in the closing process that provide the most opportunity to make mistakes in processing account transactions.
How many units of each product, baseball bats and baseball gloves, would be sold at the break-even point
If there is a 10% chance we will get a 16% return, a 45% chance of getting a 14% return, what is the expected rate of return
Under GAAP Company's accounting system, all insurance premiums paid are debited, What was the total amount of insurance premiums paid by GAAP during 2017?
Discuss why permanent differences do not impact future periods' taxable income and how these differences affect tax rates
Rachel claimed itemized deductions of $6,900 and this total included $2,800 of state income taxes. How much of the refund must Rachel include in gross income
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd