Answer:
short-term investment 10,000 debit
cash 10,000 credit
note receivables 5,000 debit
cash 5,000 credit
equipment 18,000 debit
cash 5,000 credit
note payable 13,000 credit
cash 11,000 debit
common stock 1,000 credit
additional CS 10,000 credit
cash 9,000 debit
note payable 9,000 credit
Patents 3,000 credit
cash 3,000 debit
Building 24,000 debit
cash 8,000 credit
note payable 16,000 credit
cash 1,000 debit
equipment 1,000 credit
Explanation:
To record the entries we need to alwasy make debit = credit
we must use account names to represent each concept which are quite easy you don't have to overthink ou write what it is telling you it happen
Whe nthe company use cash use cash account
when it purchase equipment use equiptment
<u>Full question:</u>
Marcos wants to buy Lucia’s land, but she refuses to sell. Marcos begins using subpoenas, court orders, and other formal legal procedures in an unrelenting effort to force Lucia to sell. This is
abuse of process.
not a tort.
appropriation.
wrongful interference with a contractual relationship.
<u>Answer:</u>
This is
abuse of process
<u>Explanation:</u>
Abuse of process assigns to the inappropriate handling of a civil or criminal justice system for an unintended, wicked, or malicious reason. It is the hateful and intentional abuse of frequently published civil or criminal court means that is not supported by the underlying legal action.
Abuse of process covers prosecution claims in defective faith that is expected to hold the commitment of justice. Abuse of process is a deliberate tort. Abuse of process comprises the complete range of modes conflict to the prosecution process such as hearing proceedings, the noticing of allegations and the issuing of subpoenas.
Answer:
c. $161,400
Explanation:
The computation of the cash collections for December month is shown below:
Cash sales
= $160,000 × 30%
= $48,000
Credit sales
For same month = $160,000 × 50% × 70% = $56,000
For one month = $180,000 × 30% × 70% = $37,800
For second month = $140,000 × 20% × 70% = $19,600
So, the total cash collections is
= $48,000 + $56,000 + $37,800 + $19,600
= $161,400
Answer:
Cash received journal would contain transactions where money was entering into the company. These include: capital contributions, cash sales and loans coming into the company.
The cash payments journal on the other hand, would show transactions where money left the company such as to pay for expenses such as salaries or to procure materials needed by the company.
Cash Receipts Journal
1. A cleaning company received cash from a customer for services provided
2. Owner of a business deposited capital contribution in the business bank account
4. Cash received in the cash register from the day's sales
6. Loan received from the bank
8. Cheque received from a customer in payment of her account.
Cash Payments Journal
3. Cheque cashed to buy office supplies
5. Service materials purchased by electronic funds transfer
7. Salaries paid by Internet banking
The number of shares purchased = 30 shares
Annual dividend per share = $ 0.42
Total annual dividends = Number of shares purchased × Annual dividend per share
Total annual dividends = 30 shares × $ 0.42 = $ 12.60
Thus, the total annual dividends = $ 12.60
