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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
a. Received cash of $8,000 and issued common stock. Answer: Increase asset (Cash) Increase stockholders equity (Common stock) b. Earned video rental revenue on account, $1,800. c. Purchased office furniture on account, $400. d. Received cash on account, $600. e. Paid cash on account, $100. f. Sold land for $15,000, which was the cost of the land. g. Rented videos and received cash of $300. h. Paid monthly office rent of $900. i. Paid $200 cash to purchase supplies that will be used in the future.
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