Alpha Geek

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Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
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  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

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    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 10 May 2017 My Price 5.00

Analyze the impact of business transactions on accounts

1. (Learning Objective 2: Differentiate between different types of accounts) Bill Alexander opened a software consulting firm that immediately paid $17,000 for a computer. Was Alexander’s computer an expense of the business? If not, explain.

 

2. (Learning Objective 4: Analyze the impact of business transactions on accounts) Cathey’s] Catering began with cash of $15,000. Cathey then bought supplies for $4,400 on account. Separately, Cathey paid $7,500 for equipment. Answer these questions.

a. How much in total assets does Cathey have?

b. How much in liabilities does Cathey owe?

Answers

Alpha Geek
(8)
Status NEW Posted 10 May 2017 03:05 PM My Price 5.00

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Attachments

file 1494429497-Answer.docx preview (129 words )
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