Determine which account is credited

Assignment Help Accounting Basics
Reference no: EM132476673

Question 1: An owner invests $20,000 in her new business by depositing the cash in the business's checking account? Determine Which account is credited?

option a. Accounts receivable

option b. Cash

option c. Capital

option d. Accounts payable

Reference no: EM132476673

Questions Cloud

When covalent bond forms : A covalent bond forms when a pair of valence electrons is shared between two atoms
Determine the financial and managerial accounting : Determine how either financial accounting helps external stakeholders make informed decisions or how managerial accounting helps managers to improve operational
Increase technological progress in country : Suppose you were interested in increasing technological progress in your country. Suggest two (2) ways to increase technological progress in your country.
Prepare a multi-step income statement : Prepare a 2020 multi-step income statement; include EPS. Refer to the Cabrera and Poquito. Prepare a 12/31/20 balance sheet. Refer to the Scientific Products
Determine which account is credited : An owner invests $20,000 in her new business by depositing the cash in the business's checking account? Determine Which account is credited?
What is reported and how to disclose the information : Balance sheet, how could we expand on what is reported and how to disclose the information? Secondly, should we expand on what is available?
Discuss what is the term working capital meant : Determine and Discuss why neither the working capital nor the current ratio tells us anything about the composition of current assets and current liabilities
Determine the ending row material belpics for january : Determine the ending row material belpics for January, which you will need when propering the S:biont of Cost of Good Manufacturing for the month andod.
Identify apples market-to-book ratio of equity : Identify Apples market-to-book ratio of equity. Locate the book value of Apple's shareholders' equity by the fiscal year end of 2014.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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