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, 1 Day 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 29 Jul 2017 My Price 12.00

Ozark Sports

Ozark Sports sells hunting and fishing equipment and  provides  guided  hunting  and fishing trips. Ozark Sports is owned and operated by Eric Griffith, a well-known sports enthusiast and hunter. Eric’s wife, Linda, owns and operates Lake Boutique, a women’s clothing store. Eric and Linda have established a trust fund to finance their children’s college education. The trust fund is maintained by Missouri State Bank in the name of the children, Mark and  Steffy.

a.     For each of the following transactions, identify which of the entities  listed should record the transaction in its records:

 

Entities                                                  

L                                              Lake Boutique

M                                           Missouri State Bank

O                                             Ozark Sports

X                                             None of the above

 

1.   Linda authorized the trust fund to purchase mutual fund shares.

2.   Linda purchased two dozen spring dresses from a St. Louis designer for a special spring sale.

3.   Eric paid a breeder’s fee for an English springer spaniel to be used as a hunting guide dog.

4.   Linda deposited a $2,000 personal check in the trust fund at Missouri State Bank.

5.   Eric paid a local doctor for his annual physical, which was required by the work- men’s compensation insurance policy carried by Ozark Sports.

6.   Eric received a cash advance from customers for a guided hunting trip.

7.   Linda paid her dues to the YWCA.

8.   Linda donated several dresses from inventory for a local charity auction for the benefit of a women’s abuse shelter.

9.   Eric paid for dinner and a movie to celebrate their twelfth wedding anniversary.

10.  Eric paid for an advertisement in a hunters’ magazine.

b.     What is a business transaction?

Answers

Maurice Tutor
(5)
Status NEW Posted 29 Jul 2017 03:07 PM My Price 12.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------sol-----------uti-----------on.-----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be----------- ca-----------tch-----------

Not Rated(0)
Relevent Questions