Business transactions completed by Hannah Venedict
Business transactions completed by Hannah Venedict during the month of September are as follows.
Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements.
| Sep. | 1 | Venedict invested $60,000 cash along with office equipment valued at $25,000 in exchange for common stock of a new company named HV Consulting. | ||
| Sep. | 3 | 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 payable for $170,000. | ||
| Sep. | 5 | The company purchased $2,000 of office supplies on credit. | ||
| Sep. | 7 | Venedict invested her personal automobile in the company in exchange for more common stock. The automobile has a value of $16,500 and is to be used exclusively in the business. | ||
| Sep. | 9 | The company purchased $5,600 of additional office equipment on credit. | ||
| Sep. | 11 | The company paid $1,800 cash salary to an assistant. | ||
| Sep. | 13 | The company provided services to a client and collected $8,000 cash. | ||
| Sep. | 15 | The company paid $635 cash for this month’s utilities. | ||
| Sep. | 17 | The company paid $2,000 cash to settle the account payable created on September 5. | ||
| Sep. | 19 | The company purchased $20,300 of new office equipment by paying $20,300 cash. | ||
| Sep. | 21 | The company completed $6,250 of services for a client, who must pay within 30 days. | ||
| Sep. | 23 | The company paid $1,800 cash salary to an assistant. | ||
| Sep. | 25 | The company received $4,000 cash in partial payment on the receivable created on September 21. | ||
| Sep. | 27 | The company paid $2,800 cash in dividends. |
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Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict...
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $82,000 cash along with office equipment valued at $22,000 in a new sole proprietorship named HV Consulting. b. The company purchased land valued at $35,000 and a building valued at $150,000. The purchase is paid with $30,000 cash and a long-term note payable for $155,000. c, The company purchased $2,300 of office supplies on credit. d. Venedict invested her personal automobile in the...
Return ta Business transactions completed by Hannah Venedict during the month of September are as follows....
Return ta Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $84,000 cash along with office equipment valued at $22,000 in exchange for common stock of a new company named HV Consulting. b. The company purchased land valued at $35,000 and a building valued at $170,000. The purchase is pold with $30,000 cash and a long-term note payable for $175,000. C. The company purchased $1,600 of office supplies on credit. d. Venedict...
Help Save &Exit Submit Buslness transactions completed by Hannah Venedict during the month of September are...
Help Save &Exit Submit Buslness transactions completed by Hannah Venedict during the month of September are as follows Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements Sep. 1 Venedict invested $60,000cash along with office equipnent valued at $25,000 in exchange for conson stock of a new company naned HV Consulting Sep. 3 The company purchased land valoed at 840,000 and a bailding valued at 160,000. The purchase...
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict...
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $90,000 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 $35,000 and a building valued at $155,000. The purchase is paid with $30,000 cash and a long-term note payable for $160,000. c. The company purchased $2,100 of office supplies on credit. d. Venedict invested her...
Business transactions completed by Hannah Venedict during the month of September are as follows . Venedict...
Business transactions completed by Hannah Venedict during the month of September are as follows . Venedict invested $82,000 cash along with office equipment valued at $22,000 in a new sole proprietorship named HV Consulting The company purchased land valued at $45,000 and a building valued at $150.000. The purchase is paid with $25.000 cash and a long-term note payable for $170,000. c. The company purchased $1.600 of office supplies on credit. d. Venedict invested her personal automobile in the company....
Check my work 7. BOOK Business transactions completed by Hannah Venedict during the month of September...
Check my work 7. BOOK Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $90,000 cash along with office equipment valued at $22.000 in a new business named HV Consulting in exchange for common stock. b. The company purchased and valued at $50,000 and a building valued at $165,000. The purchase is paid with $30,000 cash and a long-term note payable for $185.000 c. The company purchased $2,000 of office supplies on...
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict in...
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $84,000 cash along with office equipment valued at $24,000 in exchange for common stock of a new company named HV Consulting b. The company purchased land valued at $40,000 and a building valued at $155,000. The purchase is paid with $30,000 cash and a long-term note payable for $165,000 c. The company purchased $2,500 of office supplies on credit d. Venedict invested her...
Business transactions completed by Hannah Venedict during the month of September are as follows Business transactions...
Business transactions completed by Hannah Venedict during the month
of September are as follows
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $82,000 cash along with office equipment valued at $22,000 in a new business named HV Consulting in exchange for common stock. b. The company purchased land valued at $35,000 and a building valued at $160,000. The purchase is paid with $25,000 cash and a long-term note payable for $170,000....
Help Business transactions completed by Hannah Venedict during the month of September are as follows. a....
Help Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $90,000 cash along with office equipment valued at $24,000 in exchange for common stock of a new company named HV purchased land valued at $30,000 and a building valued at $150,000. The purchase is paid with $30,000 cash and a long-term note payable for $150,000 d $1,700 of office supplies on credit. c. The company d. Venedict invested her personal automobile in...
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict...
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $80,000 cash along with office equipm ment v alued at $22,000 in exchange for common stock of a new company named HV Consulting one cem ny purble old 40.000 and a bulding valued at $170000The puchase ia paid with $30.0 cash and a long-term note payable for $180,000 c. The company purchased $1,600 of office supplies on credit er personal automobile in the...
Return ta Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $84,000 cash along with office equipment valued at $22,000 in exchange for common stock of a new company named HV Consulting. b. The company purchased land valued at $35,000 and a building valued at $170,000. The purchase is pold with $30,000 cash and a long-term note payable for $175,000. C. The company purchased $1,600 of office supplies on credit. d. Venedict...
Help Save &Exit Submit Buslness transactions completed by Hannah Venedict during the month of September are as follows Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements Sep. 1 Venedict invested $60,000cash along with office equipnent valued at $25,000 in exchange for conson stock of a new company naned HV Consulting Sep. 3 The company purchased land valoed at 840,000 and a bailding valued at 160,000. The purchase...
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $90,000 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 $35,000 and a building valued at $155,000. The purchase is paid with $30,000 cash and a long-term note payable for $160,000. c. The company purchased $2,100 of office supplies on credit. d. Venedict invested her...
Business transactions completed by Hannah Venedict during the month of September are as follows . Venedict invested $82,000 cash along with office equipment valued at $22,000 in a new sole proprietorship named HV Consulting The company purchased land valued at $45,000 and a building valued at $150.000. The purchase is paid with $25.000 cash and a long-term note payable for $170,000. c. The company purchased $1.600 of office supplies on credit. d. Venedict invested her personal automobile in the company....
Check my work 7. BOOK Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $90,000 cash along with office equipment valued at $22.000 in a new business named HV Consulting in exchange for common stock. b. The company purchased and valued at $50,000 and a building valued at $165,000. The purchase is paid with $30,000 cash and a long-term note payable for $185.000 c. The company purchased $2,000 of office supplies on...
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $84,000 cash along with office equipment valued at $24,000 in exchange for common stock of a new company named HV Consulting b. The company purchased land valued at $40,000 and a building valued at $155,000. The purchase is paid with $30,000 cash and a long-term note payable for $165,000 c. The company purchased $2,500 of office supplies on credit d. Venedict invested her...
Business transactions completed by Hannah Venedict during the month
of September are as follows
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $82,000 cash along with office equipment valued at $22,000 in a new business named HV Consulting in exchange for common stock. b. The company purchased land valued at $35,000 and a building valued at $160,000. The purchase is paid with $25,000 cash and a long-term note payable for $170,000....
Help Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $90,000 cash along with office equipment valued at $24,000 in exchange for common stock of a new company named HV purchased land valued at $30,000 and a building valued at $150,000. The purchase is paid with $30,000 cash and a long-term note payable for $150,000 d $1,700 of office supplies on credit. c. The company d. Venedict invested her personal automobile in...
Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $80,000 cash along with office equipm ment v alued at $22,000 in exchange for common stock of a new company named HV Consulting one cem ny purble old 40.000 and a bulding valued at $170000The puchase ia paid with $30.0 cash and a long-term note payable for $180,000 c. The company purchased $1,600 of office supplies on credit er personal automobile in the...
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