Business

Kennedi Morgan

13 March, 03:10

1. Consider the following transactions. Receive cash from customers, $15,000. 2. Pay cash for employee salaries, $9,000. Pay cash for rent, $3,000. 3. Receive cash from sale of equipment, $8,000. 4. Pay cash for utilities, $1,000. 5. Receive cash from a bank loan, $4,000. 6. Pay cash for advertising, $7,000. 7. Purchase supplies on account, $3,000.

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “1. Consider the following transactions. Receive cash from customers, $15,000. 2. Pay cash for employee salaries, $9,000. Pay cash for rent, ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

If the beginning balance of retained earnings is $ 180 comma 000 , revenue is $ 85 comma 000 , expenses total $ 35 comma 000 , and the company declares and pays a $ 20 comma 000 dividend, what is the ending balance of retained earnings?

Harold rents out forty acres of bottom land to a vegetable farmer. in the circular flow model, where would harold reside and where would his rental transactions occur

A flower delivery business wants to raise their overall sales volume to increase profit. After analyzing their costs, they choose their most popular line of flower arrangements and run a promotion on those arrangements.

The ability to generate many new ideas is known as:

online retail sales in in a recent year were $300 billion. if sales grow at a rate of 15% in one year, what will be the dollar amount of online retail sales next year?

New Questions in Business

Which of the following is a difference between the concept development stage and the product development stage? A.

The diamond market is monopolized by the debeers organization, from mining to cutting and polishing to wholesaling. jewelers can do little to negotiate prices. this situation typifies

Pita Pal sells fast-food franchises. Pita Pal receives $83,000 from a new franchisee for providing initial training, equipment, and furnishings that together have a stand-alone selling price of $83,000.

If a client chooses to pay premiums other than annually, what can he or she expect?

Antone Company sells office equipment on July 31, 2017, for $21,000 cash. The office equipment originally cost $72,000 and as of January 1, 2017, had accumulated depreciation of $42,000. Depreciation for the first 7 months of 2017 is $4,600.