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how to make a t account for owner invests 100,000 in cash and purchase a 10,000 printer on credit at business inception
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how to make a t account for owner invests 100,000 in cash and purchase a 10,000 printer on credit at business inception
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Questions with subject identified are often not answered. I do not teach accounting but have some
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1. Business started with Cash Rs. 100,000/-, Bank Balance Rs. 150,000/-, Merchandise goods Rs 40,000/-, furniture Rs. 5,000/- &
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Cash A/C Dr. 100000 Bank A/C Dr. 150000 Goods A/C Dr. 40000 Furniture A/C Dr. 5000 Office A/C Dr.
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I have to prepare a income statement with the following info. I don't understand it.
cash 11,360 Accounts Receivable 14,000
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To prepare an income statement with the given information, follow these steps: 1. Start by listing
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I need to make a t account for accounting homework. The statements are from 2009?
Earned revenues for 2009 of 55,000 including
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credit revenue $55,000 Debit A/R $8,000 Debit Cash $47,000 Debit Cash $3,000 Credit Unearned Revenue
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Assets
Cash (Net Effect) $35,000 20,000 +15,000 A/R 33,000 14,000 +19,000 Merchandise Inventory 27,000 20,000 +7,000 PPE 60,000
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http://dictionary.reference.com/browse/asset
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Presented below are selected financial statement items for Rowe Corporation for December 31, 2012.
Inventory $55,000 Cash paid to
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To determine which items should be included in a statement of cash flows, we need to identify the
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How do I enter the following investment as a compound entry in a general journal? I also don't understand how cash is different
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To enter the investment as a compound entry in a general journal, you need to follow these steps: 1.
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GANTNER CORPORATION
Comparative Balance Sheet December 31 2002 2001 Assets Cash $ 4,000 $ 6,000 Accounts receivable (net) 12,000
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To calculate the indicated ratios, we need to use the information provided in the balance sheet and
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Enter transactions:
1. owner contributes $6,00 cash 2. $2,000 in revenue on account 3. $1,500 cash from debtors 4. Rent expense
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To enter the preceding data in Peachtree and QuickBooks, you would follow these steps: 1. Peachtree:
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january 01,2007 Mr.A started a business with cash Rs.3000,000 Bank RS.4000,000, Building Rs.3000,000,Laptop Rs.80,000, Desktop
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There is no question here.
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