Reference no: EM131423430
1. Issued 600 shares of stock for $25 each.
2. Sold services for $4,000.
3. Paid wages of $1,600.
4. Purchased land as a long-term investment for $9,000 cash.
5. Paid a $2,000 dividend.
6. Sold land with a book value of $3,000 for $3,500 cash.
7. Paid $1,500 to the bank: $900 to reduce the principal on an outstanding loan and $600 as an interest payment.
8. Paid miscellaneous expenses of $1,800.
a. Prepare journal entries for each transaction.
b. Prepare a cash T-account, and compute Small's cash balance as of the end of January.
Assume a beginning balance of $5,000.
c. Prepare a statement of cash flows for the month of January.
|
Healthcare revenue cycle
: List and briefly describe the most important areas of the healthcare revenue cycle.
|
|
Where is the us economy in the cycle
: ECO106- Where is the US economy in the cycle? (Starting an expansion? Ending an expansion? When was the last "turning point" of the US economy?)
|
|
County alleging violations of federal environmental laws
: Jack and Maggie Turton bought a house in Jefferson County, Illinois, located directly across the street from a gravel pit. A few years later, the county converted the pit to a landfill. The Turtons then filed a lawsuit against the county alleging vio..
|
|
How do you define a victimologist
: What is victimology? How does victimology lead to the belief of personal vulnerability? Be descriptive and use plain language that a layman will understand.How do you define a victimologist? What are the differences between a victimologist and a ..
|
|
Prepare a statement of cash flows for the month of january
: Paid $1,500 to the bank: $900 to reduce the principal on an outstanding loan and $600 as an interest payment.
|
|
Differentiate between simple and complex specifications
: Identify and discuss two benefits of standardization. Define and discuss Value Engineering. Distinguish between transactional, collaborative, and alliance relationships. Differentiate between simple and complex specifications.
|
|
Describe each generation including the core values
: First, describe each generation including the core values, attitudes, and expectations related to the workplace and management. Be sure to point out key differences between people in each of the generations
|
|
Identify and defend moral-ethical theories to ethical case
: Define the following ethical concepts and theories: virtue ethics, Kant's Categorical Imperative, ethical relativism, utilitarianism, corporate social responsibility, and social contract theory.Identify and defend moral and ethical theories to eth..
|
|
Give the margin of error for given estimate
: Assuming that this is an SRS of 1200 U.S. residents over the age of 18, give the 95% margin of error for this estimate.
|