HINT Activity 2.a - The Four Items that affect Equity
Drag the items that affect equity into the expanded accounting equation in order of Contributed Capital + Retained Earnings. Then, identify whether the item increases, +, or decreases, equity
Homework Answers
Solution
Assets = Liabilities+Equity
Assets = Liabilities+Contributed Capital+Retained Earnings
Cash + Accounts Receivable = Accounts Payable + Unearned Revenues + Revenues+
Common stock - Expenses - Dividends Declared
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HINT Activity 2.a - The Four Items that affect Equity Drag the items that affect equity...
four items that affect equity The Four Items that affect Equity Activity 2.a - The Four...
four items that affect equity
The Four Items that affect Equity Activity 2.a - The Four items that affect Equity The partial accounting equation of Assets = Liabilities + ? has been given below. Complete the accounting equation by dragging the items that affect equity into the expanded accounting equation in the order of Common Stock + Retained Earnings. Then, identify whether the item increases, '+', or decreases,'", equity, View drag and drop keyboard instructions Accounts Payable Accounts Receivable Revenues...
drag the account type to form the expanded accounting equa Drag the account types to form...
drag the account type to form the expanded accounting
equa
Drag the account types to form the expanded accounting equation. Begin the equity section with Contributed Capital + Retained Earnings. Then, identify whether the item increases, +', or decreases, -', equity. Beginning Retained Accounts Payable Accounts Receivable Revenues Expenses Cash Earnings Contributed Capital Dividends Declared Unearned Revenues Assets = Liabilities Drag card herd Drag card here Drag card here Drag card here Drag card here
Drag the account types to form the expanded accounting equation. Begin the equity section with Contributed...
Drag the account types to form the expanded accounting equation. Begin the equity section with Contributed Capital + Retained Earnings. Then, identify whether the item increases, '+', or decreases, equity. Common Stock Cash Dividends Accounts Receivable Accounts Payable Revenues Expenses Unearned Revenues Assets Liabilities Drag Card her Draard herd De card her Drag and her Drag card her Draard here
1.2.3.4.5. Drag the account types to form the expanded accounting equation. Begin the equity section with...
1.2.3.4.5.
Drag the account types to form the expanded accounting equation. Begin the equity section with Contributed Capital + Retained Earnings. Then, identify whether the item increases, '+', or decreases, '", equity. Common Stock : Assets : Cash : Dividends : Accounts Receivable Accounts Payable Revenues Liabilities: Expenses Unearned Revenues Enter the missing value to balance the equation. = 17,000 + 36,000 – 10,000 + 16,000 – 37,000 61,000 = + 40,000 – 32,000 + 10,000 – 2,000 68,000 =...
Drag the account types to form the expanded accounting equation. Begin the equity section with capital....
Drag the account types to form the expanded accounting equation. Begin the equity section with capital. Then, identify whether the item increases, '+', or decreases, '', equity. Owner, Capital: Cash Owner, Withdrawals Accounts Receivable Accounts Payable Revenues Expenses Unearned Revenues Liabilities : Assets Drag card here Drag card here Drag card here Drag card here Drag card here Drag card here Enter the missing value to balance the equation. = 48,000 + 8,000 – 18.000 + 4,000 - 24,000 96.000...
Which of these factors affect(s) the demand for loanable funds? Items (7 items) (Drag and drop...
Which of these factors affect(s) the demand for loanable funds? Items (7 items) (Drag and drop into the appropriate area below) increased investor confidence diminished investor confidence positive time preferences a technological advance that increases capital productivity more people entering retirement consumption smoothing increased for incomes Categories Affects demand Doesn't affect demand Drag and drop here Drag and drop here
Receipt of cash before a good is provided or service is performed 1- increases an asset...
Receipt of cash before a good is provided or service is
performed
1-
increases an asset and increases a revenue.
decreases a liability and increases Shareholders’ Equity.
decreases a revenue and increases Shareholders’ Equity.
increases an asset and increases a liability.
2-
Payment of a dividend
increases Expenses and decreases Cash.
decreases Cash and increases Shareholders’ Equity.
decreases Cash and decreases Retained Earnings.
increases Retained Earnings and increases Expenses.
3-
Accounting systems should record
all economic events.
events that result...
1 Show how each of the following transactions affects the accounting equation: March 1 April 1 June 30 Issued 75,000 sha...
1
Show how each of the following transactions affects the accounting equation: March 1 April 1 June 30 Issued 75,000 shares of $0.02 par value common stock for cash of $99,750 Issued 1,000 shares of $95 par value preferred stock for cash at $115 per share Purchased 1,000 shares of treasury stock for $3.00 per share i.e., the company bought its own common stock in the stock market) Show how each transaction would affect the accounting equation. Some of the...
Western Corporation sells and issues 200 shares of its $2 par value common stock at $20...
Western Corporation sells and issues 200 shares of its $2 par value common stock at $20 per share. Show how this transaction would be recorded in the accounting equation. Show how this transaction would be recorded in the accounting equation. Some of the account names will be abbreviated. (Use parentheses or a minus sign when entering component decreases or contra account increases. Use only the necessary input lines.) Shareholders' Equity Contributed Capital + Retained Earnings Assets Liabilities Account Account Account...
The initial images are unreadable but i took pictures of the problems. Just skip the first...
The
initial images are unreadable but i took pictures of the problems.
Just skip the first few as I don’t know how to delete them.
Appreciate any help!
was decrease and they are CRICS. L u res in crder they would be in the C . Exhdcast . derdacht KOL:1 30. Drag the account types to form the expanded accounting equation. Begin the equity section with Contributed Capital + Retained Earnings. Then, identify whether the item increases,'+, or decreases,'", equity....
four items that affect equity
The Four Items that affect Equity Activity 2.a - The Four items that affect Equity The partial accounting equation of Assets = Liabilities + ? has been given below. Complete the accounting equation by dragging the items that affect equity into the expanded accounting equation in the order of Common Stock + Retained Earnings. Then, identify whether the item increases, '+', or decreases,'", equity, View drag and drop keyboard instructions Accounts Payable Accounts Receivable Revenues...
drag the account type to form the expanded accounting
equa
Drag the account types to form the expanded accounting equation. Begin the equity section with Contributed Capital + Retained Earnings. Then, identify whether the item increases, +', or decreases, -', equity. Beginning Retained Accounts Payable Accounts Receivable Revenues Expenses Cash Earnings Contributed Capital Dividends Declared Unearned Revenues Assets = Liabilities Drag card herd Drag card here Drag card here Drag card here Drag card here
Drag the account types to form the expanded accounting equation. Begin the equity section with Contributed Capital + Retained Earnings. Then, identify whether the item increases, '+', or decreases, equity. Common Stock Cash Dividends Accounts Receivable Accounts Payable Revenues Expenses Unearned Revenues Assets Liabilities Drag Card her Draard herd De card her Drag and her Drag card her Draard here
1.2.3.4.5.
Drag the account types to form the expanded accounting equation. Begin the equity section with Contributed Capital + Retained Earnings. Then, identify whether the item increases, '+', or decreases, '", equity. Common Stock : Assets : Cash : Dividends : Accounts Receivable Accounts Payable Revenues Liabilities: Expenses Unearned Revenues Enter the missing value to balance the equation. = 17,000 + 36,000 – 10,000 + 16,000 – 37,000 61,000 = + 40,000 – 32,000 + 10,000 – 2,000 68,000 =...
Drag the account types to form the expanded accounting equation. Begin the equity section with capital. Then, identify whether the item increases, '+', or decreases, '', equity. Owner, Capital: Cash Owner, Withdrawals Accounts Receivable Accounts Payable Revenues Expenses Unearned Revenues Liabilities : Assets Drag card here Drag card here Drag card here Drag card here Drag card here Drag card here Enter the missing value to balance the equation. = 48,000 + 8,000 – 18.000 + 4,000 - 24,000 96.000...
Which of these factors affect(s) the demand for loanable funds? Items (7 items) (Drag and drop into the appropriate area below) increased investor confidence diminished investor confidence positive time preferences a technological advance that increases capital productivity more people entering retirement consumption smoothing increased for incomes Categories Affects demand Doesn't affect demand Drag and drop here Drag and drop here
Receipt of cash before a good is provided or service is
performed
1-
increases an asset and increases a revenue.
decreases a liability and increases Shareholders’ Equity.
decreases a revenue and increases Shareholders’ Equity.
increases an asset and increases a liability.
2-
Payment of a dividend
increases Expenses and decreases Cash.
decreases Cash and increases Shareholders’ Equity.
decreases Cash and decreases Retained Earnings.
increases Retained Earnings and increases Expenses.
3-
Accounting systems should record
all economic events.
events that result...
1
Show how each of the following transactions affects the accounting equation: March 1 April 1 June 30 Issued 75,000 shares of $0.02 par value common stock for cash of $99,750 Issued 1,000 shares of $95 par value preferred stock for cash at $115 per share Purchased 1,000 shares of treasury stock for $3.00 per share i.e., the company bought its own common stock in the stock market) Show how each transaction would affect the accounting equation. Some of the...
Western Corporation sells and issues 200 shares of its $2 par value common stock at $20 per share. Show how this transaction would be recorded in the accounting equation. Show how this transaction would be recorded in the accounting equation. Some of the account names will be abbreviated. (Use parentheses or a minus sign when entering component decreases or contra account increases. Use only the necessary input lines.) Shareholders' Equity Contributed Capital + Retained Earnings Assets Liabilities Account Account Account...
The
initial images are unreadable but i took pictures of the problems.
Just skip the first few as I don’t know how to delete them.
Appreciate any help!
was decrease and they are CRICS. L u res in crder they would be in the C . Exhdcast . derdacht KOL:1 30. Drag the account types to form the expanded accounting equation. Begin the equity section with Contributed Capital + Retained Earnings. Then, identify whether the item increases,'+, or decreases,'", equity....
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