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IgorLugansk [536]
3 years ago
9

M2-9 Determining Financial Statement Effects of Several Transactions [LO 2-2] For each of the following transactions of Spotligh

ter, Inc., for the month of January, indicate the accounts, amounts, and direction of the effects on the accounting equation. A sample is provided. (Enter any decreases to account balances with a minus sign.) (Sample) Borrowed $3,940 from a local bank on a note due in six months. Received $4,630 cash from investors and issued common stock to them. Purchased $1,000 in equipment, paying $200 cash and promising the rest on a note due in one year. Paid $300 cash for supplies. Bought and received $700 of supplies on account
Business
1 answer:
Pepsi [2]3 years ago
5 0

Answer:

 Assets                   =          Liabilities          +          Stockholder's

                                                                                       Equity

(a) cash = $3,940             Notes payable = $3,940

                                         (short term)

(b) cash = $4,630                                                       Common

                                                                                  stock =$4,630

(c) Equipment = $1000     Notes payable = $800

   Cash = (-$200)               (short term)

(d) Supplies = $300

    Cash = (-$300)

(e) Supplies = $700          Accounts receivable = $700

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Answer:

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Then here is the answer, Multicellular organisms are that have plenty cells and they have s complex units that makes up their functions and makes them to begin to function as one.

Organisms exhibiting complex multicellularity are big and have cells/tissues that are not usually in contact with their environment. They are have systems that can overcome the limits of diffusion (movement from area of higher concentration to that of lower) must evolve for basic physiologic processes to occur.

7 0
3 years ago
When a partnership is terminated, the assets are turned into cash, and obligations are paid .dissolution. termination. realizati
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The correct option is NONE OF THE ABOVE.
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6 0
3 years ago
Read 2 more answers
Amy​ Parker, a​ 22-year-old and newly hired marine​ biologist, is quick to admit that she does not plan to keep close tabs on ho
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Answer:

Final Value= $370,481.13

Explanation:

Giving the following information:

Amy's contribution, plus that of her​ employer, amounts to ​$2,150 per year starting at age 23. Amy expects this amount to increase by 3​% each year until she retires at the age of 57 ​(there will be 35 EOY​ payments). Interest rate= 5%.

<u>First, we will add the growth of the deposits to the interest rate:</u>

Interest rate= 0.03 + 0.05= 0.08

Now, to calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

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6 0
3 years ago
A negative net present value indicates that the project’s return is ________.
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A negative net present value indicates that the project’s return is net loss

<h3>What is a net present values?</h3>

A net present values is a total sum of money that is currently available. It may be in terms of assets or revenue generated.

When there is a negative net present value, it means the <u>revenues generated is lower that the cost </u>of a project. This invariably leads to a loss for a particular company.

Hence a negative net present value indicates that the project’s return is net loss

Learn more on negative present values here: brainly.com/question/14960679

#SPJ12

7 0
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