Reference no: EM131312027
Learning Objectives : Show the impact of business transactions on the accounting equation; analyze the impact of business transactions on accounts.
The following amounts summarize the financial position of Taylor Computing, Inc., on October 31, 2014:
During November 2014, Taylor Computing completed these transactions:
a. The business received cash of $4,000 and issued common stock.
b. Performed services for a customer and received cash of $6,300.
c. Paid $4,100 on accounts payable.
d. Purchased supplies on account, $1,200.
e. Collected cash from a customer on account, $1,700.
f. Consulted on the design of a computer system and billed the customer for services rendered, $4,200.
g. Recorded the following business expenses for the month: (1) paid office rent-$1,600; (2) paid advertising-$1,200.
h. Declared and paid a cash dividend of $2,700.
|
Analyze the impact of business transactions on accounts
: Explain what a transaction is; analyze the impact of business transactions on accounts;- Record (journalize and post) transactions in the books;
|
|
Describe the structure of the ecosystem
: Describe the structure of the ecosystem. List at least 3 specific examples of both abiotic components and biotic components for the ecosystem type selected.Describe the function of the ecosystem.In your own words, explain or define biogeochemical cyc..
|
|
Arrangements of objects
: Define the number of all the arrangements of 8 objects choosing 2 at a time without repetition.
|
|
Analyzed your budget and determined that you can invest
: You have analyzed your budget and determined that you can invest $60 each month to save towards college expenses for the children . If you invest in an ordinary annuity at 6% annual interest which is compounded monthly, how much will you have when..
|
|
Show impact of business transactions on accounting equation
: Show the impact of business transactions on the accounting equation; analyze the impact of business transactions on accounts.
|
|
How many people bought only the wall street
: There were 100 people in the local news-stand.42 bought the Wall Street journal,36 bought the New York Times,and 18 bought both papers. Complete the Venn diagram below and find: a. How many people bought only the Wall Street?
|
|
Why is now a good time for investment given global context
: Why is now a good time for investment given global context? Justify your response, citing specific external factors such as trade regulations, or trends in foreign direct investment that might affect business financial decisions.
|
|
What are motivating operations
: What are Motivating Operations (MO) and why is this behavior concept so important for a Functional Behavioral Assessment? In your response please outline the specific definition of the concept and review two of the various types of MO's. Be sure t..
|
|
Analyze the impact of business transactions on accounts
: Analyze the impact of business transactions on accounts;- Show the impact of business transactions on the accounting equation;
|