Answer:
1
Dr Fixed asset equipment_________$10000
Cr Cash_______________________________$10000
purchased equipment
2
Dr Depreciation expense____________$1800
Cr Acummulate Depreciation_______________$1800
Anual depreciation
Explanation:
1
Dr Fixed asset equipment_________$10000
Cr Cash_______________________________$10000
purchased equipment
2
Dr Depreciation expense____________$1800
Cr Acummulate Depreciation_______________$1800
Anual depreciation
Answer:
see below
Explanation:
An operating system or simply OS is a program that manages a computer's hardware and software resources. Operating system tasks include controlling and allocating memory, controlling input and output devices, facilitating networking, and prioritizing system requests. Macintosh, Windows, or Linux are the most common operating systems that computers run on.
The operating environment is the environment in which a user runs application software. It consists of a user interface and an application programming interface. An operating environment is a middleware that rests between the Operating system and applications.
The balance in Cash at February 28 = $44900
<u>Explanation:</u>
Given:
Cash invested by stockholders of Bonita Enterprises = $49500
Cash revenues of Bonita = $10100
Expenses paid by Bonita = $14700
Calculation of balance in cash as follows:
The balance in Cash at February 28 = Cash Invested + Cash Revenues - Paid Expense=$ 49,500 + $ 10100 - $ 14,700= $ 44900
Hence the correct answer is $44900
Answer:
Cash flow generated from operating activities <em>12,010,000</em>
Explanation:
10,000.000
+1,600,000
Adjusted Net Income 11,600,000
↑AR -600,000
↓Inventory 100,000
↑AP 800,000
Change in working capial 300,000
Other adjustment 110,000
Cash flow generated from operating activities 12,010,000
Answer:
The total for assets, liabilities, and equity are:
b) Total Assets: $26,000
Total Liabilities: $17,000
Total Equity: $9,000
Explanation:
a) Data and Calculations:
Accounts Payable: $4,000
Notes Payable: $10,000
Salaries payable: $1,000
Revenues: $5,000
Accounts Receivable: $5,000
Utilities Expense: $2,000
Cash: $5,000
Office Supplies: $1,000
Equipment: $20,000
Accumulated Depreciation Equipment: $5,000
Unearned Revenue: $2,000
Equity: $22,000
Salaries Expense: $1,000
Total assets:
Accounts Receivable: $5,000
Cash: $5,000
Office Supplies: $1,000
Equipment: $20,000
Accumulated Depreciation
Equipment: ($5,000)
Total assets = $26,000
Total liabilities:
Accounts Payable: $4,000
Notes Payable: $10,000
Salaries payable: $1,000
Unearned Revenue: $2,000
Total liabilities $17,000
Total Equity:
Total assets $26,000
Total liabilities 17,000
Total equity $9,000
