Invested $160,000 cash and office equipment valued at $20,000 in the business. da small building for $600,000 to be used as an office. Paid $100,000 in cash and signe alance over several years. d $3,000 of office supplies for cash. d $72,000 of office equipment on credit. made reservations at a hotel hosting a kitchen and bath design conference in August 20 n July 1, 2020. da project on credit and billed the client $5,200 for the work. al online newspaper $3,500 for an announcement that the office had opened. da project for a clent and collected $4,000 cash. 4,000 payment on the equipment purchased in (d). $2,500 from the cllent described in (f). Do cash for the office secretary's wages. withdrew $3,600 cash from the company bank account to pay personal living expenses. te the following table. Use additions and subtractions to show the transactions' effects o ange in equity. select whether the change was caused by an investment, a revenue, an e: e final total for each Item and verify that the equation Is in balance. (Enter all amounts a event does not affect equlty or do not requlre a Journal entry, select "No Affect on Egu
Invested $160,000 cash and office equipment valued at $20,000 in the business. da small building for $600,000 to be used as an office. Paid $100,000 in cash and signe alance over several years. d $3,000 of office supplies for cash. d $72,000 of office equipment on credit. made reservations at a hotel hosting a kitchen and bath design conference in August 20 n July 1, 2020. da project on credit and billed the client $5,200 for the work. al online newspaper $3,500 for an announcement that the office had opened. da project for a clent and collected $4,000 cash. 4,000 payment on the equipment purchased in (d). $2,500 from the cllent described in (f). Do cash for the office secretary's wages. withdrew $3,600 cash from the company bank account to pay personal living expenses. te the following table. Use additions and subtractions to show the transactions' effects o ange in equity. select whether the change was caused by an investment, a revenue, an e: e final total for each Item and verify that the equation Is in balance. (Enter all amounts a event does not affect equlty or do not requlre a Journal entry, select "No Affect on Egu
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter3: Processing Accounting Information
Section: Chapter Questions
Problem 3.2AP
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