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Pavlova-9 [17]
4 years ago
13

Analyzing and Reporting Financial Statement Effects of Transactions M.E. Carter launched Carter Company, a professional services

firm on March 1. The firm will prepare financial statements at each month-end. In March (its first month), Carter executed the following transactions. Enter the transactions, a through g, into the financial statement effects template below. a. Carter (owner) invested in the company $200,000 cash and $40,000 in property and equipment. The company issued common stock to Carter. b. The company paid $6,400 cash for rent of office furnishings and facilities for March. c. The company performed services for clients and immediately received $8,000 cash earned. d. The company performed services for clients and sent a bill for $48,000 with payment due within 60 days. e. The company compensated an office employee with $9,600 cash as salary for March. f. The company received $20,000 cash as partial payment on the amount owed from clients in transaction d. g. The company paid $1,870 cash in dividends to Carter (owner).

Business
1 answer:
valentinak56 [21]4 years ago
7 0

Answer:

See explanation section

Explanation:

See the image below to get the answer:

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<u>A</u>

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______ is a tool that reminds managers to look at several distinct categories in the macro environment.
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<h3>What is the macro environment?</h3>

This is the term that is used to refer to the environment that is made up of the major forces that are both external and also uncontrollable that is used to influence the decision making process of a firm.

The macro environment is made up of such factors such as demographics, economy, technology, political and a lot more of other factors. They are used to control the decision making process in the nation. It is also referred to as the environment at large

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2 years ago
I want to know about starting my own business or franchise can you help me get started thsnk you. Dennisomalley
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5 0
2 years ago
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flexible time

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4 years ago
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