Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Business & Finance Posted 21 Jul 2017 My Price 4.00

Cardinal Music Academy

The following transactions occur for Cardinal Music Academy during the month of October:

a. Provide music lessons to students for $12,000 cash.

b. Purchase prepaid insurance to protect musical equipment over the next year for $3,600 cash.

c. Purchase musical equipment for $15,000 cash.

d. Obtain a loan from a bank by signing a note for $20,000.

Record the transactions. The company uses the following accounts: Cash, Prepaid Insurance, Equipment, Notes Payable, and Service Revenue.

Answers

Maurice Tutor
(5)
Status NEW Posted 21 Jul 2017 07:07 PM My Price 4.00

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