Assets | Liabilities | Equity | ||||||||||||||
Cash | + | account Recievable | + | office equipment | = |
Accounts payable |
+ | common stock | - | dividends | + | revenues | - | expenses | ||
May | 1 | 40,000 | + | + | = | + | 40,000 | - | + | - | ||||||
1 | (2,200) | + | + | = | + | - | + | 2,200 | ||||||||
3 | + | + | 1,890 | = | 1,890 | + | - | + | - | |||||||
5 | (750) | + | + | = | + | - | + | - | 750 | |||||||
8 | 5,400 | + | + | = | + | - | + | 5,400 | - | |||||||
12 | + | 2,500 | + | = | + | - | + | 2,500 | - | |||||||
15 | (750) | + | 750 | |||||||||||||
20 | 2,500 | + | (2,500) | |||||||||||||
22 | + | 3,200 | 3,200 | |||||||||||||
25 | 3,200 | + | (3,200) | |||||||||||||
26 | (1,890) | + | (1,890) | |||||||||||||
27 | + | 80 | 80 | |||||||||||||
28 | (750) | + | 750 | |||||||||||||
30 | (300) | + | 300 | |||||||||||||
30 | (280) | + | 280 | |||||||||||||
31 | (1,400) | + | 1,400 | |||||||||||||
Bal | 31 | 42,780 | + | 0 | + | 1,890 | = | 80 | + | 40,000 | - | 1,400 | + | 11,100 | - | 5,110 |
2. Type of financial markets
1. Financial asset market
Explanation: financial assets are those assets which does not have physical substance such as bonds, stock. It should be treaded in financial asset market.
2.Futures market
Future market are those market where we can do future transactions.
3.secondary market
Long term martage backed securities sell and purchase in secondary market.
4. Secondary market
Shareholder can sell their stock in secondary market to other investor.
5.hedging
Hedging is the process where short term requirements can be met easily by short term investment and long term requirements with long term investment.
Required information [The following information applies to the questions displayed below) Gabi Gram started The Gram...
Required information (The following information applies to the questions displayed below) Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations. May 10. Gram Invested $40,000 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,200 cash for May's rent. 3 The company purchased $1,890 of office equipment on credit. 5 The...
Required information The following information applies to the questions displayed below. Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations May 1 G. Gram invested $43,500 cash in the company. 1 The company rented a furnished office and paid $2,300 cash for May's rent. 3 The company purchased $5,020 of office equipment on credit. 5 The company paid $730 cash for...
Required information The following information applies to the questions displayed below.) Gabi Gram started The Gram Co., a new business that began operations on May 1, The Gram Co. completed the following transactions during its first month of operations. May 1 G. Gram invested $43,500 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,500 cash for May's rent. 3 The company purchased $1,860 of office equipment on credit. 5...
Required information [The following information applies to the questions displayed below.] Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations. May 1 G. Gram invested $42,000 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,300 cash for May’s rent. 3 The company purchased $4,890 of office equipment on credit. 5...
Required information [The following information applies to the questions displayed below.) Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations. May 1 G. Gram invested $42,500 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,200 cash for May's rent. 3 The company purchased $1,920 of office equipment on credit. 5...
Required information [The following information applies to the questions displayed below.) Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations. May 1 G. Gram invested $42,500 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,200 cash for May's rent. 3 The company purchased $1,920 of office equipment on credit. 5...
Required information [The following information applies to the questions displayed below.) Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations. May 1 G. Gram invested $42,500 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,200 cash for May's rent. 3 The company purchased $1,920 of office equipment on credit. 5...
Required information [The following information applies to the questions displayed below.) Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations. May 1 G. Gram invested $42,500 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,200 cash for May's rent. 3 The company purchased $1,920 of office equipment on credit. 5...
Requirea information (The following information applies to the questions displayed below.] Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations. May 1 G. Gram invested $40,000 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,200 cash for May's rent. 3 The company purchased $1,890 of office equipment on credit. 5...
Required information [The following information applies to the questions displayed below.] Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations. May 1 G. Gram invested $42,000 cash in the company in exchange for its common stock. 1 The company rented a furnished office and paid $2,300 cash for May’s rent. 3 The company purchased $4,890 of office equipment on credit. 5...