The atmosphere we enjoy today is radically different from the atmosphere that formed with the Earth billions of years ago. ... As the Earth cooled enough to form a solid crust (4.4 billion years ago), it was covered with active volcanos. These volcanos spewed out gasses, like water vapor, carbon dioxide and ammonia.
The appropriate journal entry for each of these transactions,
Date Journal entry Debit credit
Nov 20 Cash a/c 441
credit card discount 9
To sales revenue 450
Nov 25 Accounts receivable 2800
To sales receivable 2800
Nov 28 Accounts receivable 7200
To sales receivable 7200
Nov 30 Sales return 600
To account for receivable 600
Dec 06 Cash 6468
sales discount 132
To accounts receivable 6600
Dec 30 Cash 2800
To accounts receivable 2800
Net sales:450+2800+7200-600-132
= 9718
Examples of transactions are as follows: Paying a provider for offerings rendered or goods introduced. Paying a vendor with cash and a note so one can obtain ownership of assets formerly owned by the seller. Paying an employee for hours worked.
A transaction is a finished settlement between a client and a seller to exchange items, offerings, or monetary property in going back for cash. The term is also commonly utilized in company accounting. In business bookkeeping, this simple definition can get complex.
A cash transaction is the immediate charge of coins for the acquisition of an asset. some market stock transactions are considered cash transactions although the exchange might not settle for some days. A futures agreement isn't always considered a cash transaction.
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Given:
Price of one share in 1980 = $
Price of one share in 1989 = $
.
To find:
How much money would you have made if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989?
Explanation:
Using the given information,
Change in the value of each share = 
= 
= 
= 
= 
Value of one share increased by $.
Value of 100 shares increased by = 
= 
= 
= 
Therefore, you would have made $3887.5 if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989.
Answer: Classification
Explanation:
Accrued revenue
1. Fees earned but not yet received
Accrued Expense
These are expenses that have been incurred but not yet paid for in the current accounting period.
1. Salary owed but not yet paid.
2. Taxes owed but payable in the following period.
3. Utilities owed but not yet paid.
Unearned Revenue
This represents income received before it is earned and they represent a liability to the receiver.
1. Fees received but not yet earned.
2. Subscriptions received in advance by a magazine publisher.
Prepaid Expense
They are expenses paid in advance
1. A two year premium plan paid on insurance policy
2. Supplies on hand.
If you go to movie format tab
Under size you can enter the height and width
