Maurice Tutor

(5)

$15/per page/Negotiable

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: 402 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 24 Sep 2017 My Price 7.00

Missy Crone

Using the accounting equation for transaction analysis

Missy Crone owns and operates a public relations firm called Top 40. The following amounts summarize her business on August 31, 2012:

 

Assets

    

= Liabilities

+ Owner"s equity

Date

Cash

+ Accounts receiveable

+ Supplies

+ Land

= Accounts payable

+Crone, capital

Bal

2,100

+ 2000

+ 0

+ 10,000

= 6,000

+ 81,00

  

 

During September 2012, the business completed the following transactions:

a. Gave capital to Crone and received cash of $10,000.

b. Performed service for a client and received cash of $1,000.

c. Paid off the beginning balance of accounts payable.

d. Purchased supplies from OfficeMax on account, $700.

e. Collected cash from a customer on account, $500.

f. Received cash of $1,900 and gave capital to owner.

g. Consulted for a new band and billed the client for services rendered, $5,800.

h. Recorded the following business expenses for the month:

1. Paid office rent, $900.

2. Paid advertising, $400.

i. Returned supplies to OfficeMax for $80 from item d, which was the cost of the supplies.

j. Crone withdrew cash of $2,700.

 

Requirement

1. Analyze the effects of the preceding transactions on the accounting equation of

Top 40. Adapt the format to that of Exhibit 1-6.

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Sep 2017 07:09 PM My Price 7.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)