Homework Answers
| As per accounting equation, Assets = Liabilities + Equity |
| Assets = Liabilities + Common stock + Beginning retained earnings + Revenues - Expenses - Dividends |
| Answer is Common stock, Beginning retained earnings, Revenues, Expenses and Dividends |
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four items that affect equity
The Four Items that affect Equity Activity 2.a - The Four...
HINT Activity 2.a - The Four Items that affect Equity Drag the items that affect equity...
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
the expanded accounting equation, activity 3.a - classify the accounts The Expanded Accounting Equation Activity 3.a...
the expanded accounting equation, activity 3.a - classify the
accounts
The Expanded Accounting Equation Activity 3.a - Classify the Accounts Classify which part of the expanded accounting equation each account title belongs to by dragging the account into the correct bucket. View drag and drop keyboard instructions Equipment Common Stock Dividends Insurance Expense Utilities Payable Service Revenue Building Rent Expense Utilities Expense Notes Payable Office Supplies Accounts Payable Delivery Expense Advertising Expense Supplies Expense Truck Cash Salaries Payable ASSETS LIABILITIES...
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
Activity 3.a Classify the Accounts Classify which part of the expanded accounting equation each account title...
Activity 3.a Classify the Accounts Classify which part of the expanded accounting equation each account title belongs to by dragging the account into the correct bucket. View drag and drop keyboard instructions Salaries Common Stock Receivable Payable Notes Payable Dividends
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
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 =...
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...
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....
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...
dentity each of the following items as assets, liabilities, or equity from the drop down provided....
dentity each of the following items as assets, liabilities, or equity from the drop down provided. 1. Note payable 2. Trucks 3. Buildings 4. Common Stock 5. Accounts payable Liabilities Assets Assets Equity Liabilities
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
the expanded accounting equation, activity 3.a - classify the
accounts
The Expanded Accounting Equation Activity 3.a - Classify the Accounts Classify which part of the expanded accounting equation each account title belongs to by dragging the account into the correct bucket. View drag and drop keyboard instructions Equipment Common Stock Dividends Insurance Expense Utilities Payable Service Revenue Building Rent Expense Utilities Expense Notes Payable Office Supplies Accounts Payable Delivery Expense Advertising Expense Supplies Expense Truck Cash Salaries Payable ASSETS LIABILITIES...
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
Activity 3.a Classify the Accounts Classify which part of the expanded accounting equation each account title belongs to by dragging the account into the correct bucket. View drag and drop keyboard instructions Salaries Common Stock Receivable Payable Notes Payable Dividends
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
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 =...
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...
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....
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...
dentity each of the following items as assets, liabilities, or equity from the drop down provided. 1. Note payable 2. Trucks 3. Buildings 4. Common Stock 5. Accounts payable Liabilities Assets Assets Equity Liabilities
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