Homework Answers
Ending cash balance = $14,600+$0-$3,200+$6,800+$0+$0-$2,600-$4,200-$385
=$11,015
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ters 13 Saved Help Save & Exit Andrea Apple opened Apple Photography on January 1 of...
Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following...
Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1. Andrea invested $14,300 cash in the business in exchange for common stock. 2. Andrea contributed $28,000 of photography equipment to the business. 3. The company paid $2,900 cash for an insurance policy covering the next 24 months. 4. The company received $6,500 cash for services provided during January 5. The company purchased $7,000 of...
4.00 points Andrea Apple opened Apple Photography, Inc. on January 1 of the current year. During...
4.00 points Andrea Apple opened Apple Photography, Inc. on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1 Andrea, the stockholder, invested $15,200 cash in the business. 2. Andrea contributed $37,000 of photography equipment to the business 3. The company paid $3,800 cash for an insurance policy covering the next 24 months. 4. The company received $7,400 cash for services provided during January 5. The company purchased $7.900 of...
Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following...
Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1. Andrea invested $14,200 cash in the business in exchange for common stock. 2. Andrea contributed $27,000 of photography equipment to the business in exchange for common stock. 3. The company paid $2,800 cash for office furniture. 4. The company received $6,400 cash for services provided during January. 5. The company purchased $6,900 of office...
Aaliyah Turner opened Turner Apple Photography on January 1 of the current year. During January, the...
Aaliyah Turner opened Turner Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1. Aaliyah invested $15,400 cash in the business in exchange for common stock. 2. Aaliyah contributed $39,000 of photography equipment to the business in exchange for common stock. 3. The company paid $4,000 cash for an insurance policy covering the next 24 months. 4. The company received $7,600 cash for services provided during January....
At the beginning of the current year, Trenton Company's total assets were $262.000 and its total...
At the beginning of the current year, Trenton Company's total assets were $262.000 and its total liabilities were $182,000. During the year. the company reported total revenues of $107,000, total expenses of $83,000 and dividends of $12,000. There were no other changes in equity during the year and total assets at the end of the year were $274,000. Trenton Company's debt ratio at the end of the current year is: Andrea Apple opened Apple Photography on January 1 of the...
Help Aug. 1 Madison Harris, the owner, invested $6,800 cash and $33,800 of photography equipment in...
Help Aug. 1 Madison Harris, the owner, invested $6,800 cash and $33,800 of photography equipment in the company in exchange for common stock. 2 The company paid $2,400 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $910 cash. 20 The company received $3,631 cash in photography fees earned 31 The company paid $705 cash for August utilities. Required: 1. Post the transactions to the T-accounts. 2. Use the amounts from the...
CH2 Accounting for Business Transactions (HW) 0 Saved Help Save & Exit Submit Check my work...
CH2 Accounting for Business Transactions (HW) 0 Saved Help Save & Exit Submit Check my work The transactions of Spade Company appear below. points a. Kacy Spade, owner, invested $17,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $508 cash. c. The company purchased $9,678 of office equipment on credit. d. The company received $2,065 cash as fees for services provided to a customer. e. The company paid $9,678 cash to settle...
My Path Home Chapter 02 Homework -02 Homework Saved Help Save & Exit Submit Check my...
My Path Home Chapter 02 Homework -02 Homework Saved Help Save & Exit Submit Check my work Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $60,000 cash along with office equipment valued at $25,000 in a new business named HV Consulting in exchange for common stock b. The company purchased land valued at $40,000 and a building valued at $160,000. The purchase is paid with $30,000 cash and a long-term note...
Radar Repair Company opened on March 1 of the current year. During March, the following transactions...
Radar Repair Company opened on March 1 of the current year. During March, the following transactions occurred and were recorded in the company's books: 1. Rick Radar, the sole stockholder, invested $20,000 cash in the business in exchange for common stock. 2. Rick contributed $2,000 of equipment to the business in exchange for common stock. 3. The company provided $8,000 of services to customers on account. 4. The company paid $2,000 cash to rent office space for the month of...
My Path Home Chapter 01 Homework YouTube pter 01 Homework Help Save & Exit Submit Check...
My Path Home Chapter 01 Homework YouTube pter 01 Homework Help Save & Exit Submit Check my work Required information The following information applies to the questions displayed below.] 1 of 2 Gabl 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 operations. Ook May 1 G. Gram invested $40,000 cash in the company in exchange for its conmon stock. 1 The company rented...
Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1. Andrea invested $14,300 cash in the business in exchange for common stock. 2. Andrea contributed $28,000 of photography equipment to the business. 3. The company paid $2,900 cash for an insurance policy covering the next 24 months. 4. The company received $6,500 cash for services provided during January 5. The company purchased $7,000 of...
4.00 points Andrea Apple opened Apple Photography, Inc. on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1 Andrea, the stockholder, invested $15,200 cash in the business. 2. Andrea contributed $37,000 of photography equipment to the business 3. The company paid $3,800 cash for an insurance policy covering the next 24 months. 4. The company received $7,400 cash for services provided during January 5. The company purchased $7.900 of...
Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1. Andrea invested $14,200 cash in the business in exchange for common stock. 2. Andrea contributed $27,000 of photography equipment to the business in exchange for common stock. 3. The company paid $2,800 cash for office furniture. 4. The company received $6,400 cash for services provided during January. 5. The company purchased $6,900 of office...
Aaliyah Turner opened Turner Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1. Aaliyah invested $15,400 cash in the business in exchange for common stock. 2. Aaliyah contributed $39,000 of photography equipment to the business in exchange for common stock. 3. The company paid $4,000 cash for an insurance policy covering the next 24 months. 4. The company received $7,600 cash for services provided during January....
At the beginning of the current year, Trenton Company's total assets were $262.000 and its total liabilities were $182,000. During the year. the company reported total revenues of $107,000, total expenses of $83,000 and dividends of $12,000. There were no other changes in equity during the year and total assets at the end of the year were $274,000. Trenton Company's debt ratio at the end of the current year is: Andrea Apple opened Apple Photography on January 1 of the...
Help Aug. 1 Madison Harris, the owner, invested $6,800 cash and $33,800 of photography equipment in the company in exchange for common stock. 2 The company paid $2,400 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $910 cash. 20 The company received $3,631 cash in photography fees earned 31 The company paid $705 cash for August utilities. Required: 1. Post the transactions to the T-accounts. 2. Use the amounts from the...
CH2 Accounting for Business Transactions (HW) 0 Saved Help Save & Exit Submit Check my work The transactions of Spade Company appear below. points a. Kacy Spade, owner, invested $17,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $508 cash. c. The company purchased $9,678 of office equipment on credit. d. The company received $2,065 cash as fees for services provided to a customer. e. The company paid $9,678 cash to settle...
My Path Home Chapter 02 Homework -02 Homework Saved Help Save & Exit Submit Check my work Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $60,000 cash along with office equipment valued at $25,000 in a new business named HV Consulting in exchange for common stock b. The company purchased land valued at $40,000 and a building valued at $160,000. The purchase is paid with $30,000 cash and a long-term note...
Radar Repair Company opened on March 1 of the current year. During March, the following transactions occurred and were recorded in the company's books: 1. Rick Radar, the sole stockholder, invested $20,000 cash in the business in exchange for common stock. 2. Rick contributed $2,000 of equipment to the business in exchange for common stock. 3. The company provided $8,000 of services to customers on account. 4. The company paid $2,000 cash to rent office space for the month of...
My Path Home Chapter 01 Homework YouTube pter 01 Homework Help Save & Exit Submit Check my work Required information The following information applies to the questions displayed below.] 1 of 2 Gabl 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 operations. Ook May 1 G. Gram invested $40,000 cash in the company in exchange for its conmon stock. 1 The company rented...
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