1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Pani-rosa [81]
3 years ago
13

Your company had the following transactions during the month of September:Received $500,000 in Cash from investors in exchange f

or stock in the company Paid $300,000 Cash for an Office Building Received $50,000 in cash from customers for services performed Paid $500 in cash to the utility company for the current months utility expense Provided $1,000 in services to a client who agreed to pay you next monthBelow is the T-Account for cash. Enter the appropriate amounts. If no entry is required for either the debit or credit enter 0. Do not enter decimals. Transaction 1 is done for you.
Business
1 answer:
skelet666 [1.2K]3 years ago
8 0

Answer:

T-Account for cash is made and all the required transaction is entered in the MS Excel file attached here, Please find that.

Entered the appropriate amounts.

If no entry is required for either the debit or credit entered 0

Did not entered decimals.

Explanation:

Download xlsx
You might be interested in
What are the cost and benefits of taking longer to pay off a loan ?
sergey [27]
The main plus to paying off<span> debt early is that you no </span>longer<span> have to fork over money to a lender; you'll now have extra money to spend on other things. You can also potentially save a lot in interest payments.</span>
8 0
4 years ago
Larue buys an ipod for $150 and a new laptop for $1,200, and signs a one-year employment contract for a $4,800 monthly salary to
docker41 [41]

As an employee, Larue will be covered by the statute of frauds for the employment contract and the laptop purchase only.

<h3>What is a statute of fraud?</h3>

This statute is a concept that maintains that some types of contracts need to be executed in writing.

This statutse are used for contracts for the sale of land, agreements involving higher worth of goods, contracts lasting one year etc

In conclusion, in this case, Larue will be covered by the statute of frauds for the employment contract and the laptop purchase only.

Read more about statute of fraud

<em>brainly.com/question/14854791</em>

5 0
2 years ago
Henson Company began the year with retained earnings of $330,000. During the year, the company issued $20,000 of additional comm
kicyunya [14]

Answer:

What was Henson's retained earnings at the end of the year?

$430,000

Explanation:

Begining Retaining earning  330000

Income                          120000

Dividens Paid                  -40000

Additional common stock 20000

End retaining earning          430000

   

Revenue 500000  

Expense  380000  

Income 120000  

3 0
4 years ago
The number of entity classes involved in a relationship is known as the relationship's __________________.
ddd [48]

Answer:

Cardinality

Explanation:

In database design cardinality of relationship between two data tables shows the relationship between the rows and column of one table to other table. Cardinality commonly used are one-to-one cardinality, one-to-many cardinality and many-to-many cardinality. In which a single entry of the table related to only one and many in other table and many entries are related to many too.

8 0
4 years ago
SME Company has a debt-equity ratio of .60. Return on assets is 7.5 percent, and total equity is $486,000. a. What is the equity
polet [3.4K]

Answer:Equity multiplier=1.6

Explanation:

Debt equity ratio is given as  debt/equity , Therefore

Debt  = Debt equity ratio  X Equity

=0.60 x $486,000

= $291,600

The  Total assets given as Liability(debt+equity)  will now be

=$291,600+$486,000

=$777,600.

Therefore Equity multiplier, Total assets/Total equity

=(777,600/486,000)=1.6

7 0
3 years ago
Other questions:
  • On April 1, Wildhorse Company borrows $120,000 from West Bank by signing a 6-month, 6%, interest-bearing note. Prepare the neces
    5·1 answer
  • A furniture corporation manufactures two models of furniture-Standard and Deluxe. The total estimated manufacturing overhead cos
    8·1 answer
  • A firm wants to use an option to hedge 12.5 million in receivables from New Zealand firms.The premium is $.03. The exercise pric
    14·1 answer
  • During the first half of the 1800s, the U.S. economy experienced explosive growth in output and trade, and a rise in the standar
    13·2 answers
  • Which of the following is NOT an example that falls within the four major categories of business environment factors for today's
    9·1 answer
  • Farrokh and Scheherezade Sharabianlou agreed to buy a building owned by Berenstein Associates for $2 million. They deposited $11
    11·1 answer
  • James has $1500 to open a checking account. He can maintain a monthly balance of at least $1000. He plans to use the ATM four ti
    13·2 answers
  • Zo'om me'eting<br>Join for ch'atting<br><br>M'eeting ID: 860 688 0863<br><br>Passco'de: 12345678​
    13·1 answer
  • Classify each of the following items as a final good or an intermediate​ good, and classify the expenditure on each final good a
    7·1 answer
  • 1) What are the three primary determinants of behavior in organizations?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!