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Transactional Analysis Problem Scenario: Use following scenario and transactions to complete the activities below. On January 4, Mary Markham, an attorney, opened her private law firm...Markham Law (ML). The following transactions were completed during the month. a) Mary invested $30,000 cash and $15,000 of office equipment in the business in exchange for capital stock. b) ML paid a month's rent of $1800 c) ML paid $1200 for office supplies d) ML collected $20,000 of legal fees for services performed e) ML paid a secretary salary of $2200 f) ML purchased $500 of supplies on account g) ML bought an auto for business use. It cost $15,000. ML paid $4000 down and charged the balance. h) ML paid $4000 of dividends i) ML paid $900 for auto maintenance and repairs j) ML received a telephone bill for $300 k) ML paid the telephone bill l) ML paid premiums of $1200 for one year insurance m) ML paid $2500 for a computer n) ML paid $700 for a cleaning service o) ML received $5000 on retainer from MOB INC Activities: Using the scenario and transactions above, complete the following activities.
1. Record the transactions in T accounts.
2. Prepare a trial balance for the end of the month.
During the year, Hamlet Inc. paid $22,000 to have bond certificates printed and engraved, paid $110,000 in legal fees, paid $12,000 to a CPA for registration information, and paid $190,000 to an underwriter as a commission. Illustrate what is the..
Explain how can you incorporate this type of analysis and awareness into your professional work in a way that enhances your value to your organization? Which tools covered in this course might most readily translate into expanding your personal an..
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The total amount reported in the cash flows from investing activities section of the statement of cash flows
he consumer has $32 to spend, and the price of X, PX = 4, and the price of Y, PY = 1. How much X and Y should the consumer purchase in order to maximize her utility and How much total utility does the consumer receive?
Find how much should the Atlantic Medical Clinic be willing to pay for the new computer system if the clinic required rate of return
Prepare two analyses of Kamp’s alternatives, one showing no explicit opportunity cost and the second showing the explicit opportunity cost of the decision to hold the present home.
Use the appropriate information from the data provided below to determine operating income for the year ended December 31, 2007.
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