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presented below are three transactions mark each transaction as affecting owners investment i owners drawings d revenue
classify each of the following items as owners drawing d revenue r or expense ea advertising expenseb commission
1 follow the same format as be1-6 on the previous page determine the effect on assets liabilities and owners equity of
1 presented below are three business transactions on a sheet of paper list the letters a b c with columns for assets
indicate whether each of the following items is an asset a liability l or part of owners equity oea accounts
use the expanded accounting equation to answer each of the following questionsnbspa the liabilities of cai company are
at the beginning of the year hernandez company had total assets of 800000 and total liabilities of 500000 answer the
given the accounting equation answer each of the following questionsa the liabilities of mcglone company are 120000 and
presented below is the basic accounting equation determine the missing amountsassets liabilities owners equitya 90000
summarized operations for j r ross co for the month of july are as follows revenues earned for cash 20000 on account
garcia enterprises had a capital balance of 168000 at the beginning of the period at the end of the accounting period
1 a companys net income appears directly on the income statement and the owners equity statement and it is included
1 in february 2010 paula king invested an additional 10000 in her business kings pharmacy which is organized as a
listed below are some items found in the financial statements of alex greenspan co indicate in which financial
indicate how the following business transactions affect the basic accounting equationa paid cash for janitorial
are the following events recorded in the accounting records explain your answer in each casea the owner of the company
1 can a business enter into a transaction in which only the left side of the basic accounting equation is affected if
which of the following items are liabilities of stanley jewelry storesa cashnbspb accounts payablenbspc drawingsnbspd
a define the terms assets liabilities and owners equitynbspb what items affect owners
1 maria gonzalez is the owner of a successful printing shop recently her business has been increasing and maria has
1 what are the three basic forms of business organizations for profit-oriented
1 karen sommers travel agency purchased land for 90000 cash on december 10 2010 at december 31 2010 the lands value has
read the attachment and answer the questions1 was reiss successful prepare an income statement for rampr2 how much
1 what uses of financial accounting information are made bya investors andb
a who are internal users of accounting datab how does accounting provide relevant data to these