Answer:
1. Increased assets (Cash) – Increased stockholders’ equity (Common Stock)
2. Decreased stockholders’ equity (Rent Expense) - Decreased assets (Cash)
3. Increased assets (Cash) – Increased stockholders’ equity (Service revenue)
4. Increased assets (Accounts receivable) – Increased stockholders’ equity (Service revenue)
5. Decreased liabilities (Cash Dividends Payable) – Decreased assets (Cash)
6. Decreased stockholders’ equity (Advertising Expense) - Increased liabilities (Accounts payable)
7. Increased assets (Cash) – Decreased assets (Accounts receivable)
8. Increased assets (Equipment) – Decreased assets (Cash)
9. Increased assets (Equipment) – Increased liabilities (Accounts payable)
Explanation:
Accounting Equation Formula:
Assets = Liabilities + Owner's Equity
This equation tells us that Assets are increased by Debits and decreased by Credits, instead, Liabilities and Stockholders´ Equity decreased by Debits and increased by Credits. In the answer, Debits are represented by the left side of the note, and Credits by the right side of the note.
Answer:
This customer is looking for long term growth, so common equities are an appropriate investment rather than long term bonds. Since the customer does not believe in active asset management, a passive approach is best - that is, an index fund that has very low ongoing fees.
Explanation:
hope this helps
I believe the answer is: it gives a special tax break to employees who are saving primarily for retirement.
This make the taxpayers able to maxmize their purchasing power prior to their retirement. Which allow them to do things such as putting more money down on their mortrage, improve their standard of living, increasing their life saving, or putting of some of their income in various type of investments.
Answer:
Communication;collaboration;commitment
Explanation:
Teamwork is vital for the success of any firm or organisation. There are various aspects which can help to improve teamwork; some of the important features are communication, collaboration and commitment. Better and effective communication, collaboration and commitment all three features help to avoid confusions and to stay focus on achieving the goals and objectives.