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
stira [4]
3 years ago
5

The following are the transactions of Spotlighter, Inc., for the month of January. a.Borrowed $3,940 from a local bank on a note

due in six months. b.Received $4,630 cash from investors and issued common stock to them. c.Purchased $1000 in equipment, paying $200 cash and promising the rest on a note due in one year. d.Paid $300 cash for supplies. e.Bought and received $700 of supplies on account. Post the effects to the appropriate T-accounts and determine ending account balances. Show a beginning balance of zero.
Business
1 answer:
natali 33 [55]3 years ago
6 0

Answer:

Explanation:

Cash                                                                          Supplies

Beg. Bal.                                Beg. Bal.  

Notes Payable 3940    Cash         300  

Contributed capital 4630            Accounts Payable 700  

Equipment                200      

Supplies                        300      End. Bal. 1000  

End. Bal.        8070        

                                                                   Accounts Payable

                                                                 

                                                                  Contributed Capital

Equipment                                      Beg. Bal.    

Beg. Bal.                         Supplies                 700  

Cash               200        

Notes Payable     800                              End. Bal.                  700  

End. Bal.            1000  

Notes Payable                                   Beg. Bal.    

Beg. Bal.                             Cash                 4630

Cash                    3940      

Equipment             800      

                                                                    End. Bal.                    4630

End. Bal.                    4740    

Trial Balance      

                                                      Debit             Credit      

Cash                                      8070        

Supplies                                      1000        

Equipment                              1000        

Accounts Payable                                                      700      

Notes Payable                                                      4740      

Contributed Capital                                              4630      

Total                                        10070                      10070    

You might be interested in
Clients are increasingly asking advertisers for ______, agreements on campaign-specific outcomes and consensus on how the effect
Minchanka [31]

Answer:

accountability metrics

Explanation:

Accountability metrics  are used by companies to measure the specific financial results of marketing campaigns. Marketing campaigns are expensive and require a lot of resources, both financial and labor resources, and as competition between producers increases, so does competition among marketing firms. The best way a marketing firm can increase its clients is by showing that their campaigns are effective, so every dollar invested by their clients will generate positive returns.

6 0
2 years ago
Services that are available when you open a savings account
WARRIOR [948]
Monthly statements, investment options, and online banking services.
5 0
3 years ago
What is likely to lead to a decrease in the price of a company's stock?
rodikova [14]
If the company's annual profits decrease (the amount of cash they make per year) then that would lead to a decrease in the price of a company's stock.
4 0
2 years ago
Vertical marketing systems are best described as ______. Multiple choice question. the elimination of costly backward and forwar
USPshnik [31]

Answer:

professionally managed and centrally coordinated marketing channels.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Vertical marketing systems used as a promotional and sales technique of goods and services by various business firms are best described as professionally managed and centrally coordinated marketing channels.

6 0
2 years ago
Your customer is implementing Oracle Procurement Cloud applications with multiple Requisition Business Units. Each Business Unit
Blizzard [7]

Answer:

E. Procurement Requester

Explanation:

  • Internal supplier registration may come from one of the following three streams:
  • Sourcing Invitation: Suppliers can be invited to register through sourcing negotiations.
  • Internal Supplier Request: The Supplier Administrator may invite suppliers to register.
  • Self-service collection: The supplier requests a collection
  • Reference: Oracle Procurement Cloud Using Collection
6 0
2 years ago
Other questions:
  • Frank Fronton decided to become a professional jai alai player. In January, Fronton joined a jai alai club where he could train
    14·1 answer
  • During lewin's refreezing stage, managers should __________.
    5·1 answer
  • Frontier Airlines hedged the cost of jet fuel by purchasing options that allowed the airline to buy fuel at a fixed price for 2
    9·1 answer
  • Amy's school records describe her as a monochromat. what can we assume about amy's perceptual abilities
    13·1 answer
  • Partially correct answer iconYour answer is partially correct. This information relates to Windsor Co.
    13·1 answer
  • Ashley's Coffee Shop makes a blend that is a mixture of two types of coffee. Type A coffee costs Ashley $4.30 per pound, and typ
    14·1 answer
  • In terms of global business strategy, the governance of ________ firms has been likened to a federal structureâ "strong central
    8·1 answer
  • 8-27 Basic Flexible Budget The budgeted prices for materials and direct labor per unit of fi nished product are $8 and $7, respe
    5·1 answer
  • What is the quantity of money demanded when the interest rate is 6%? quantity: $ billionbillion What is the quantity of money de
    14·1 answer
  • Anyone wan na talk?????
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!