Answer:
a.
Cash 16500 Dr
Common Stock 16500 Cr
b.
Cash 13500 Dr
Notes Payable 13500 Cr
c.
Equipment account 1450 Dr
Accounts Payable 1450 Cr
d.
Land 25000 Dr
Cash 2300 Cr
Notes Payable 22700 Cr
e.
Equipment account 9500 Dr
Cash 2300 Cr
Accounts Payable 7200 Cr
Explanation:
a.
The issuance of common stock against cash will increase the cash and the capital. So cash will be debited and capital (common stock) will be credited.
b.
The issuance of notes payable against cash increases liability and asset. The asset increase in cash will be debited and liability increase in notes payable will be credited.
c.
The purchase of equipment on account will increase liability and asset. The asset increase in form of equipment will be debited and the liability increase in form of accounts payable will be credited.
d.
The purchase of land will increase land and result in a debit to the land account. It is purchased for cash and a liability of notes payable. So both cash and the notes payable account will be credited as cash decreases (asset decrease in credited) and liability increases (liability increase is credited).
e.
The purchase of equipment will increase equipment account and result in a debit to the equipment account. It is purchased for cash and a liability of accounts payable. So both cash and the accounts payable account will be credited as cash decreases (asset decrease in credited) and liability increases (liability increase is credited).
Answer:
One Subaru Outback sold January 7, 2017 in Mount Kisco, New York for $25,000.
Explanation:
Raw data typically refers to tables of data where each row contains an observation and each column represents a variable that describes some property of each observation. Data in this format is sometimes referred to as tidy data, flat data, primary data, atomic data, and unit record data. Sometimes raw data refers to data that has not yet been processed.
Answer:
22,401,500 MXN exit from account
Explanation:
Given:
MXN at 22.4015
Amount = $1,000,000
MXN at short position
Find:
Flow of MXN
Computation:
MXN at short position so, flow is exit
MXN exit = 1,000,000 × 22.4015 )
22,401,500 MXN exit from account
Answer:
With an eye for well-crafted essays, illuminating long-form investigative journalism, and compelling subjects given short-shrift by the big publishing houses, Dispatch Books seeks to provide readers with electronic books of conspicuous quality which offer unique perspectives found nowhere else.
Answer: A. Nori foreseeably and justifiably relied on Mica's promise to her detriment.
Explanation:
From the question, we are informed that Nori files a suit against Mica to enforce an oral contract that would otherwise be unenforceable under the Statute of Frauds.
The court could enforce such a contract if Nori foreseeably and justifiably relied on Mica's promise to her detriment.
