Answer:
Laser Delivery Services, Inc. (LDS)
Analyzing the Effects of Transactions Using T-Accounts:
Cash
Date Accounts Titles Debit Credit
a. Common Stock $40,000
c. Delivery Truck $2,000
d. Delivery Truck 2,000
Balance 36,000
Common Stock
Date Accounts Titles Debit Credit
a. Cash $40,000
Land
Date Accounts Titles Debit Credit
b. Note Payable $12,000
Note Payable
Date Accounts Titles Debit Credit
b. Land $12,000
c. Delivery Truck 18,000
Balance $30,000
Delivery Trucks
Date Accounts Titles Debit Credit
c. Cash $2,000
Note Payable 18,000
d. Cash 2,000
Balance $22,000
2. Classified Balance Sheet as of December 31, 2010:
Assets:
Cash $36,000
Land 12,000
Delivery trucks 22,000 $34,000
Total assets $70,000
Liabilities + Equity:
Notes Payable 30,000
Common Stock $40,000
Total liabilities + Equity $70,000
Explanation:
a) Trial Balance
Cash $36,000
Land 12,000
Delivery trucks 22,000
Common Stock $40,000
Notes Payable 30,000
Totals $70,000 $70,000
b) Business transactions affect the accounting equation (assets = liabilities + equity) by increasing or decreasing the two sides equally. This means that the accounting equation is always in balance before and after every transaction.
Answer:
The side length x=11.40
<u>Step by Step Explanation:</u><u>
</u>
Given:
Two sides of the right angled triangle=7,9
To find:
Side length x
Solution:
Let A,B,C be the sides of the right angled triangle such that
A=9, B=7 and C=?
Side length can be calculated by using Pythagorean Theorem
According to this theorem
Substitute the value of A,B in the above theorem we get
C=11.4
Result:
Thus the side length x =11.40
Answer:
B. being unwilling to sell a vase for a price that is greater than the price you would be willing to pay to buy the vase if you didn't already own it
Explanation:
Answer:
$420
Explanation:
The computation of the net income for the current year is shown below:
Sales revenue $1,200
Less: Selling and administrative expense -$620
Less: Restructuring charges -$20
Less: Income tax expense at 25% - $140
Net income $420
The consumer protection administrative organizations battle to guarantee that people are dealt with decently, get the important data to settle on educated choices, are secured against item dangers and can utilize lawful response if necessary. Certain sorts of items draw in more direction because of their higher danger of customer damage or passing, for example, nourishment, meditates, kids' items, and cars.
The following are the five private organizations that ensure consumer rights:
<span>Consumer Financial Protection Bureau (CFPB)
</span><span>Consumer Product Safety Commission (CPSC)
</span><span>Federal Trade Commission (FTC)
</span><span>Food and Drug Administration (FDA)
</span><span>National Highway Traffic Safety Administration (NHTSA)</span>