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3 years ago

Describe the effect of each transaction on assets, liabilities, and stockholders' equity.

Business

1 answer:

Aliun [14]3 years ago

8 0

Answer:

Issued Common Stock to Investors in exchange for Cash received from investors

Stockholders Equity = Increase

Assets = Increase

Liabilities = No Effect

Paid Monthly Rent

Assets = Decrease

Stockholders equity = Decrease

Liabilities = No Effect

Received cash from customers when service is performed

Assets = Increase

Stockholders Equity = Increase

Liabilities = No Effect

Billed Customers when service is performed

Assets = Increase

Liabilities = No Effect

Stockholders Equity = Increase

Explanation:

Issued Common Stock to Investors in exchange for Cash received from investors

Stockholders Equity increase due to increase in issue of additional common stock.

Assets increase due to inflow of asset of Cash resulting from the issue.

Paid Monthly Rent

Stockholders equity decrease due to increase in an expense item (Rent) which decreases profits attributable to stockholders.

Assets decrease due to outflow of economic benefits in form of cash.

Received cash from customers when service is performed

Shareholders Equity increase increase due to inflow of economic benefits in form of revenue, which would consequently increase profit attributable to shareholders.

Assets are increasing due to inflow of economic benefits in form of cash.

Billed Customers when service is performed

Assets are increasing due to increase of future economic benefit in form of Accounts Receivable.

Shareholders Equity increase increase due to inflow of economic benefits in form of revenue, which would consequently increase profit attributable to shareholders.

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bulgar [2K]

Answer:

An inferior good

Explanation:

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3 years ago

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Fynjy0 [20]

Answer:

a) Appeal to the receiver's sense of responsibility and pride in the company's good name

Explanation:

Persuasive messages refer to communicating an idea so as to persuade the recipient towards an action.

Such messages are usually drafted by sales and marketing personnel.

While drafting a persuasive message, AIDA (Attention, interest, desire and action) principle is usually followed by the marketers.

In the given case, Mikhail's claim has already been denied once and he is drafting the second persuasive message. As he expects resistance from the media company, he should draw the attention of the recipient towards their own responsibilities and duties and pride relating to the good reputation of the company.

He may choose to express, what the receiver's responsibility and duties are and how non performance of those puts the company's reputation (pride) at stake.

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3 years ago

Which explains why the price indicated by p2 on the graph is lower than the equilibrium price?

Vsevolod [243]

According to economic principles, as prices fall, quantity demanded goes up.

What is equilibrium price?

The market price at which the amount of goods supplied and the amount of goods sought are equal is referred to as the "equilibrium price."

The demand and supply model's reasoning is straightforward. For instance, when sugar prices are lower, the market's demand is automatically increased.

Excess demand is depicted in the graph. The price is less than the equilibrium price, as shown by p2 on the graph, since as the price decreases, the quantity demanded increases.

As a result, option (a) As prices fall, quantity demanded goes up is correct.

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jonny [76]

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