User Account

All Pages

Accounting equation for vajen

Assignment Help Accounting Basics
Reference no: EM13143093

Vajen Company issued 5,000 shares of $1 par common stock for $30 per share, providing the company with $150,000 in cash. What effect, in addition to the increase in cash, does this transaction have on the accounting equation for Vajen?

Reference no: EM13143093

Questions Cloud

Describes the relevant components of the medical record : Regulations related to the release of personal and medical information of a patient. Describes the relevant components of the medical record you expect the family physician will want to see.
Cash realizable value of accounts receivable : What is the cash realizable value of the accounts receivable before the write-off? What is the cash realizable value of the accounts receivable after the write-off?
Prepare journal entry to record this transaction : the land carried a value of $250,000. Nikle paid $300,000 down in cash and signed a note payable for the balance. Prepare the journal entry to record this transaction.
Provide the full web address : In this final paper, you will locate a credible website, preferably a government website that chronicles the financial costs of the chronic condition you have been focusing on this term. Provide the full web address. Your instructor will check.
Accounting equation for vajen : Vajen Company issued 5,000 shares of $1 par common stock for $30 per share, providing the company with $150,000 in cash. What effect, in addition to the increase in cash, does this transaction have on the accounting equation for Vajen?
Determine whether the correlation in the population is zero : Test to determine whether the correlation in the population is zero, versus the alternate hypothesis that the correlation is greater than zero. Use the 0.05 significance level.
Explain metallurgical balance in mineral processing : Metallurgical balance in mineral processing, Assume 2000 short tons of ore were mined, 200 tones were rejected as waste and the tonnage accepted for metallurgical treatment
How many grams of the precipitate can be formed : A solution of 120 mL of 0.150 M KOH is mixed with a solution of 280 mL of 0.250 M NiSO4. How many grams of the precipitate can be formed?
Preferred method of using adjusting from cost : Describe the preferred method of using adjusting from cost to market for material inventory write downs?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Problem of tickets and expense tickets

Prepare a 250- to 300-word memo about time tickets and expense tickets. Include an explanation about what each is used for, how the two are different, and what information may be found on each.

  Marketing and administrative expenses

Gilbert expects to receive 70% of his revenues in cash during the month of sale and 30% in the following month. Gilbert receives his dolls on consignment, with the purchase price being due at the time of the sale. Thus, Gilbert's cash outflow for ..

  Implement a performance-focused abc system

identify a local medium-sized service business in your community. Evaluate how you would implement a performance-focused ABC system in the company as described in the e-Activity.

  What was the net income of the financial brokers partnership

Shue, a partner in the Financial Broker Partnership, has a 30% share in partnership profits and losses. Shue's capital account had a net decrease of $100,000 during 2003. During 2003, Shue withdrew $240,000 as withdrawals and contributed equipment..

  Invest in marketable securities

The XYZ Corporation has $1000,000 which it plans to invest in marketable securities. The corporation is choosing between the following three equally risky securities

  Long-term borrowings

Burich Co. reported proceeds from short-term (non-payables) notes of $2.5 million, proceeds from long-term borrowings of $6.8 million,

  Would inventory turnover ratio be more important

Profit margins and turnover ratios vary from one industry to another. What differences would you expect to find between the turnover ratios, profit margins, and DuPont equations for a grocery chain and a steel company?

  General partnership-limited partnership

I need to determine the best form of business entity for a business having the following characteristics and explain why choose that form of business:

  Calculate the expected cash balance at the end

Minimum cash balance is $2,500. Cash can be borrowed in $1,000 increments from the local bank (assume no interest charges). Calculate the expected cash balance at the end of April, assuming that cash is received only from customers and that $15,00..

  What are the amount and character of y loss

Worthless Securities, Y purchased 30 shares of BCD corporation common stock on March 2, 2010 for $2475. On February 26,2011, Y was notified by her broker that the stock was worthless.

  What is the most profitable sales mix for the foam

The contribution margin for product A is $5 and for product B it is $4. What is the most profitable sales mix for the Foam Pet Mattress Company?

  Compute the employer''s fica taxes for the pay period ending

Compute the employer's FICA taxes for the pay period ending December 18.  OASDI taxes HI Taxes,  OASDI taxable earnings $ HI taxable earnings $ , OASDI taxes $ HI taxes $

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd