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3 years ago

The following are the transactions of Spotlighter, Inc., for the month of January:

Business

1 answer:

coldgirl [10]3 years ago

6 0

Answer:

Spotlighter, Inc.

Cash

Account Titles Debit Credit

Beginning balance $0

Notes Payable $4,740

Common stock $5,430

Equipment $1,000

Supplies $1,100

Ending balance $8,070

Notes Payable

Account Titles Debit Credit

Beginning balance $0

Cash $4,740

Equipment 1,600

Ending balance $6,340

Common stock

Account Titles Debit Credit

Beginning balance $0

Cash $5,430

Equipment

Account Titles Debit Credit

Beginning balance $0

Cash $1,000

Notes Payable $1,600

Ending balance $2,600

Supplies

Account Titles Debit Credit

Beginning balance $0

Cash $1,100

Accounts Payable $1,500

Ending balance $2,600

Accounts Payable

Account Titles Debit Credit

Beginning balance $0

Supplies $1,500

Ending Balance $1,500

Explanation:

1) Data and Transaction Analysis:

a. Cash $4,740 Notes Payable $4,740

b. Cash $5,430 Common stock $5,430

c. Equipment $2,600 Cash $1,000 Notes Payable $1,600

d. Supplies $1,100 Cash $1,100

e. Supplies $1,500 Accounts Payable $1,500

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Marizza181 [45]

Answer:

Physics

Explanation:

Opportunity Cost

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3 years ago

Henry is proposing to change the manufacturing process at his organization’s cement production plant in order to reduce carbon e

olga2289 [7]

Answer:

Henry is analyzing - "Would it be ethical not to take action?"

Explanation:

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3 years ago

When does a corporation record an increase in Dividends Payable?

Gnoma [55]

Answer:

B. On the declaration date

Explanation:

Dividend payable are usually advised by management but must be ratified by the shareholders (usually in the annual general meeting) for such to be come recognizable in the books. The date of ratification is the declaration date

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The right option is B. On the declaration date

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What is the cash flow equation?

aksik [14]

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Unistar Inc., is an FMCG company that produces a wide range of offerings such as grocery items and personal care products. If Un

Mila [183]

Answer:

b) Descriptive

Explanation:

Descriptive research -

It refers to the questions of the research , designing the data and researching and analyzing the topic , is called the descriptive research .

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