Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 13 Aug 2017 My Price 4.00

Down.com

E2-11 Assume Down.com was organized on May 1,2010 to compete with Despair.com-a company that sells de-motivational posters and office products. The following events occurred during the first month of Down.coms operations. a. Received $60,000 cash from the investors who organized Down.com Corporation. b. Borrowed $20,000 cash and signed a note due in two years. c. Ordered computer equipment costing $16,000. d. Purchased $10,000 in equipment, paying $1,000 in cash and signing a six-month note for the balance. e. Received and paid for the computer equipment ordered in (c). Prepare journal entries for each transaction. (Remember that debits go on top and credits go on the bottom, indented.) Be sure to use referencing and categorize each account as an assets (A), liability (L), or stockholders equity (SE). If a transaction does not require a journal entry, explain the reason.

Answers

Maurice Tutor
(5)
Status NEW Posted 13 Aug 2017 11:08 PM My Price 4.00

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