Homework Answers
PLease rate the answer
Answer C. Cash
When the cash is invested in a business,
Cash account is debited,
Capital ccount is credited .
Add Answer to:
When the owner of a business invests cash into the business, which of the following accounts...
What would be the effect on the accounts if the business provided services to a customer...
What would be the effect on the accounts if the business provided services to a customer on account? O A. An asset would be debited and an expense credited. OB. An asset would be debited and Revenue credited. O C. Capital would be debited and Revenue credited. OD. An asset would be debited and Capital credited. Click to select your answer. Type here to search one A Net income or net loss for a period is calculated by the following...
which of the following accounts is debited n Jones is the owner of a sole proprietorship...
which of the following accounts is debited
n Jones is the owner of a sole proprietorship Van took $6,000 from tie business for personal use. Which f the olling acccnts in dete A Jones, Capital B. Cash C. Jones, Withdrawals D. Jones, Dividends Click to select your answer 1-32 of 32
A business buys $300 of office supplies on account. Which of the following accounts is debited?...
A business buys $300 of office supplies on account. Which of the following accounts is debited? O A. Accounts Receivable OB. Accounts Payable OC. Cash OD. Office Supplies
A sole proprietorship has the following transactions: The business received $22,000 cash from the owner in...
A sole proprietorship has the following transactions: The business received $22,000 cash from the owner in exchange for capital The business purchases $500 of office supplies on account. The business purchases $2,000 of furniture on account. The business performs services to various clients totaling $11,000 on account. The business pays out $2,000 for salaries expense and $6,000 for rent expense. The business pays $500 to a supplier for the office supplies purchased earlier. The business collects $2,000 from one of...
A sole proprietorship has the following transactions: The business receives $20,000 cash from the owner in...
A sole proprietorship has the following transactions: The business receives $20,000 cash from the owner in exchange for capital. The business purchases $700 of office supplies on account. The business purchases $4,000 of furniture on account. The business performs services for various clients totaling $11,000 on account. The business pays $2,500 for salaries expense and $3,500 for rent expense. The business pays $700 to a supplier for the office supplies purchased earlier. The business collects $2,000 from one of its...
A business has the following transactions: The business received $15,000 cash from owner contribution. The business...
A business has the following transactions: The business received $15,000 cash from owner contribution. The business purchases $800 of office supplies on account. The business purchases $4,000 of furniture on account. * The business renders services to various clients totaling $11,000 on account. * The business pays out $2,000 for salaries expense and $6,000 for rent expense. The business pays $800 to supplier for the office supplies purchased earlier. The business collects $3,000 from one of its clients for services...
Amazon Services, Inc. invests its excess cash in Nile Technologies, Inc. and acquires 3,000 shares for...
Amazon Services, Inc. invests its excess cash in Nile Technologies, Inc. and acquires 3,000 shares for $57.00 per share. Amazon Services, Inc. owns less than 1% of Nile's voting stock and plans to hold the stock for two years. While preparing the journal entry to record this transaction, O A. Equity Investments is debited for $171,000 O B. Long-term Investments is credited for $171,000 O c. An equity account is debited for $171,000 OD. Common Stock is debited for $171,000...
A sole proprietorship has the following transactions: The business received $20,000 cash from the owner in...
A sole proprietorship has the following transactions: The business received $20,000 cash from the owner in exchange for capital. The business purchases $600 of office supplies on account. The business purchases $3,000 of furniture on account. The business performs services to various clients totaling $11,000 on account. The business pays out $3,000 for salaries expense and $4,500 for rent expense. The business pays $600 to a supplier for the office supplies purchased earlier. The business collects $2,000 from one of...
Cash investments made by the owner to the business are reported on the statement of cash...
Cash investments made by the owner to the business are reported on the statement of cash flows in the Oa. operating activities section Ob. financing activities section Oc. supplemental statement Od. investing activities section
Loki Corporation received cash of $40,000 and issued common stock. Which of the following accounts will...
Loki Corporation received cash of $40,000 and issued common stock. Which of the following accounts will be debited? Accounts Payable Cash Accounts Receivable Common Stock
What would be the effect on the accounts if the business provided services to a customer on account? O A. An asset would be debited and an expense credited. OB. An asset would be debited and Revenue credited. O C. Capital would be debited and Revenue credited. OD. An asset would be debited and Capital credited. Click to select your answer. Type here to search one A Net income or net loss for a period is calculated by the following...
which of the following accounts is debited
n Jones is the owner of a sole proprietorship Van took $6,000 from tie business for personal use. Which f the olling acccnts in dete A Jones, Capital B. Cash C. Jones, Withdrawals D. Jones, Dividends Click to select your answer 1-32 of 32
A business buys $300 of office supplies on account. Which of the following accounts is debited? O A. Accounts Receivable OB. Accounts Payable OC. Cash OD. Office Supplies
A sole proprietorship has the following transactions: The business received $22,000 cash from the owner in exchange for capital The business purchases $500 of office supplies on account. The business purchases $2,000 of furniture on account. The business performs services to various clients totaling $11,000 on account. The business pays out $2,000 for salaries expense and $6,000 for rent expense. The business pays $500 to a supplier for the office supplies purchased earlier. The business collects $2,000 from one of...
A sole proprietorship has the following transactions: The business receives $20,000 cash from the owner in exchange for capital. The business purchases $700 of office supplies on account. The business purchases $4,000 of furniture on account. The business performs services for various clients totaling $11,000 on account. The business pays $2,500 for salaries expense and $3,500 for rent expense. The business pays $700 to a supplier for the office supplies purchased earlier. The business collects $2,000 from one of its...
A business has the following transactions: The business received $15,000 cash from owner contribution. The business purchases $800 of office supplies on account. The business purchases $4,000 of furniture on account. * The business renders services to various clients totaling $11,000 on account. * The business pays out $2,000 for salaries expense and $6,000 for rent expense. The business pays $800 to supplier for the office supplies purchased earlier. The business collects $3,000 from one of its clients for services...
Amazon Services, Inc. invests its excess cash in Nile Technologies, Inc. and acquires 3,000 shares for $57.00 per share. Amazon Services, Inc. owns less than 1% of Nile's voting stock and plans to hold the stock for two years. While preparing the journal entry to record this transaction, O A. Equity Investments is debited for $171,000 O B. Long-term Investments is credited for $171,000 O c. An equity account is debited for $171,000 OD. Common Stock is debited for $171,000...
A sole proprietorship has the following transactions: The business received $20,000 cash from the owner in exchange for capital. The business purchases $600 of office supplies on account. The business purchases $3,000 of furniture on account. The business performs services to various clients totaling $11,000 on account. The business pays out $3,000 for salaries expense and $4,500 for rent expense. The business pays $600 to a supplier for the office supplies purchased earlier. The business collects $2,000 from one of...
Cash investments made by the owner to the business are reported on the statement of cash flows in the Oa. operating activities section Ob. financing activities section Oc. supplemental statement Od. investing activities section
Loki Corporation received cash of $40,000 and issued common stock. Which of the following accounts will be debited? Accounts Payable Cash Accounts Receivable Common Stock
Most questions answered within 3 hours.
-
Construct the indicated confidence interval for the population
mean μ using the t-distribution. Assume the population...
asked 6 minutes ago -
a
possible mechanism for the overall reaction is found
below:Br2(g)+2NO(g)--->2NOBr(g).
step 1: (fast) NO(g)+Br2(g)-->&<---NOBr(g)
determine the...
asked 5 minutes ago -
Mr. and Mrs. Brown report taxable income of $130,000 in 2018. In
addition, they report the...
asked 1 hour ago -
You capture data by having 8 people fill in 30 small dots on a
piece of...
asked 5 hours ago -
What are the z-values such that 70% of the area lies in the
middle of the...
asked 7 hours ago -
You borrow $29,500 to purchase a brand new car. The interest
rate is 6%, and the...
asked 7 hours ago -
The amount of time it takes an asteroid, whose average distance
from the Sun is 4.70...
asked 7 hours ago -
A 0.289 kg mass slides on a frictionless floor with a speed of
1.34 m/s. The...
asked 7 hours ago -
15.A box contains five red balls, three green balls, and two
yellow balls. Suppose you select...
asked 10 hours ago -
Assume you are given the following for Stackelberg industries:
Return on Assets (ROA) = 8%
Debt...
asked 8 hours ago -
an engineer proposes to use mmWave in 5G network to
increase data rate.
What are the...
asked 9 hours ago -
Explain the idea behind using SEMIJOIN in distributed
query processing.
asked 8 hours ago