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
saul85 [17]
3 years ago
11

Presented below are three transactions. Mark each transaction as affecting common stock, dividends, revenue, expense, or not aff

ecting stockholders’ equity. a) Received cash for services performed. Entry field with correct answer (b) Paid cash to purchase equipment.
Business
1 answer:
Julli [10]3 years ago
6 0

Answer:

a)Received cash for services performed.

+ Assets  (cash)

+ revenues (fees earned)

This has impact on stockholders equity as the revenues increase the earnings of the business. The company receives an asset (cash increasease of their services, that asset received is what icnrease the value of the company)

b)Paid cash to purchase equipment.

+ Assets (equipment)

- Assets (cash)

This transaction doesn't involve Equity It is just a change in the Assets compositions. It has no impact on the income neither.

Explanation:

You might be interested in
GUYS PLEASE HELP ME WITH FINANCIAL PLAN FOR COMPANY OF CONFECTIONERY PRODUCTS BASED ON COFFEE!!!!! 1)Set the price of product an
Radda [10]

my guess is that the answer is 3.

8 0
3 years ago
What source of information is most useful for telling you whether a company
Cerrena [4.2K]
C. The company’s prospectus
5 0
3 years ago
Electronic payments can be made using the routing and account number and are processed at banks like regular checks.
Yuri [45]
The answer is True.
Yeah that's the answer
8 0
3 years ago
Chi-Ling thought it would be best to put Connor in charge of making decisions for the accounting team and Manami in charge of ma
Dmitry_Shevchenko [17]

The aspect of analyzing teamwork is Chi-Ling using is authority differentiation. Thus the option 3rd is correct.  

<h3 /><h3>What is Authority?</h3>

Authority refers to the power access by the individual or the government over the others. The authoritative person can make the decisions regarding the various sectors and make his subordinates to work in his accord.

The Chi ling has divided the work of the accounting and marketing between his employees and made the head of the  department. Thus this concept of analyzing the teamwork is known as authority differentiation.

The authority of the both the employees Connor and Manami is well defines they both will looking after their filed and are free to take decisions on their department.

Learn more about teamwork here:

brainly.com/question/18869410

#SPJ1

5 0
2 years ago
The project scope planning processes include all of the following EXCEPT: a. how the requirements will be collected b. how the p
Maslowich

Answer:

The correct answer is C

Explanation:

Project scope is the one which is defined as the how the goals as well as objectives of the project are defined. This states the lists that goals, what the deliverables would be, the tasks required to make the deliverables, what the costs or expense for that would be and the deadlines. In short, it is the parameters of the whole project.

So, the one which will not be included in the planning process of the project scope is how the case of the business would be created.

3 0
3 years ago
Other questions:
  • Wims, Inc., has current assets of $4,900, net fixed assets of $27,300, current liabilities of $4,100, and long-term debt of $10,
    10·1 answer
  • Which of the following may either increase or decrease retained earnings? a. Prior period adjustments. b. Disposals of treasury
    7·1 answer
  • The Pat Summerall School of Diction is employing teachers such that the marginal revenue product of teachers exceeds the wage ra
    10·1 answer
  • Amy has a card shop. She receives a shipment of Valentine's Day cards in December 2011 made by a card manufacture in that month.
    5·1 answer
  • Which of the following demonstrates the law of supply? When the price of soccer balls rose, soccer balls sellers increase their
    15·1 answer
  • How can a business support the community​
    6·2 answers
  • How does the planning and control of variable manufacturing overhead costs differ from the planning and control of fixed manufac
    10·1 answer
  • Morris Company applies overhead based on direct labor costs. For the current year, Morris Company estimated total overhead costs
    7·1 answer
  • Phil paid $75,000 for his house. It is insured for $65,000. The market value is $85,000. The outstanding mortgage balance is $68
    5·1 answer
  • you have been hired to conduct a job analysis at a local fast food chain. after completing your analysis, you conclude that the
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!