Reference no: EM13937908
Analyze business transactions and prepare the.financial statements. The following cash transactions took place during April 2009, the first month of business for Fast Food Supplies Inc. (LO 4)
1. Kristin Adams started a business, Fast Food Supplies Inc. by contributing $6,000. She received common stock in exchange.
2. The company earned and received cash of $900 in revenue.
3. The company paid expenses of $650 in cash.
4. Company paid dividends of $25.
5. On April 30, the company borrowed $3,000 from the local bank by signing a 3-year note.
Required
a. Show how each transaction affects the accounting equation.
b. Prepare the four basic financial statements for the month of April. (Balance Sheet at April 30, 2009)
Construct a diagram to map the arguments about a moral claim
: Construct a diagram to map the arguments about a moral claim that you have identified in the article and undertake further research about your chosen case. to assist you in analysing and discussing it in your essay.
|
Protect against any added liability risk is to obtain
: When you get wealthier, usually the best way to protect against any added liability risk is to obtain:
|
Carbonyl compounds to the corresponding alcohol
: Eugene Hur, a former undergraduate in our lab has discovered that AKR3A1, a protein from budding yeast, catalyzes the NADPH-dependent reduction of various carbonyl compounds to the corresponding alcohol. At saturating concentrations of the cosubst..
|
What is process that government goes through to make sure
: What is the process that the government goes through to make sure that they adopt a balanced budget as prescribed by the Constitution? What roles do the governor, the Congress, and bureaucracy play in this process? (This is over Texas Govt)
|
Show how each transaction affects the accounting equation
: Show how each transaction affects the accounting equation. Prepare the four basic financial statements for the month of April. (Balance Sheet at April 30, 2009)
|
Most protection from prepayment risk
: What are the promised coupon payments to each of the classes during the first quarter? What is the total interest payment due? If the trustee received a payment of $4,834,796, how would the payment be applied? Assume that for the first year the trust..
|
Definition of the member functions to implement class
: Write the definition of the member functions to implement the operations for this class. Also, write a program to test various operations on this class.
|
What are the total assets of the company at end of november
: What are the total assets of the company at the end of November 2008? Prepare a statement of cash flows for November 2008. What was net income for November 2008?
|
Implement the data modelling for a database
: Implement the data modelling for a database that is based on the following application scenario. The application scenario The online sale company Best Deal needs to implement a database to manage its business data. The company has delegated this t..
|