Explain why the owners investment and revenues increased
Explain why the owner's investment and revenues increased owner's equity, while withdrawls and expenses decreased owner's equity.
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Dots sells T-shirts ($2) and shorts ($4). In April, total sales were $600. People bought 4 times as many T-shirts as shorts. How many T-shirts and shorts did Dots sell?
Finco is a wholly owned Finnish manufacturing subsidiary of Winco, a domestic corporation that manufactures and markets residential window products throughout the world.
A corporation purchases 10,000 shares of its own $10 par common stock for $35 per share, recording it at cost. What will be the effect on total stockholders' equity?
You are auditing the accounts receivable balance of a cable television provider. Individual accounts receivables tend to be similar in amount to each other and cover one or two months of service charges.
Staples sells boxes of pens ($10) and rubber bands ($4). Leona ordered a total of 24 cartons for $210. How many boxes of each did Leona order?
Stevens purchased an auto on Jan 1, 2001. On December 31, 2003 the accummulated depreciation account has a balance of $7,500. If the auto is considered fully depreciated on December 31, 2004, and if it has a salvage value of $2,000, what is the o
If in 2011, attendance for the Christmas Eve celebration is expected to increase by 35%. What is the total number of people expected at Walt Disney World for this event?
Child is playing by jumping on a bathroom scale. The mass of the child is 31 kg and when he stands on a bathroom scale, the spring inside the scale compresses 0.46 mm. (a) What is the spring constant in N/m?
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