Jose Loder established Bronco Consulting on August 1, 20Y1. The effect of each transaction and the balances after each transaction for August follow: Assets = Liabilities + Stockholders' Equity Cash + Accounts Receivable + Supplies = Accounts Payable + Common Stock - Dividends + Fees Earned - Salaries Expense - Rent Expense - Auto Expense - Supplies Expense - Misc. Expense a. +75,000 +75,000 b. +9,000 +9,000 Bal. 75,000 9,000 9,000 75,000 c. +92,000 +92,000 Bal. 167,000 9,000 9,000 75,000 92,000 d. -27,000 -27,000 Bal. 140,000 9,000 9,000 75,000 92,000 -27,000 e. -6,000 -6,000 Bal. 134,000 9,000 3,000 75,000 92,000 -27,000 f. +33,000 +33,000 Bal. 134,000 33,000 9,000 3,000 75,000 125,000 -27,000 g. -23,000 -15,500 -7,500 Bal. 111,000 33,000 9,000 3,000 75,000 125,000 -27,000 -15,500 -7,500 h. -58,000 -58,000 Bal. 53,000 33,000 9,000 3,000 75,000 125,000 -58,000 -27,000 -15,500 -7,500 i. -6,100 -6,100 Bal. 53,000 33,000 2,900 3,000 75,000 125,000 -58,000 -27,000 -15,500 -6,100 -7,500 j. -5,000 -5,000 Bal. 48,000 33,000 2,900 3,000 75,000 -5,000 125,000 -58,000 -27,000 -15,500 -6,100 -7,500 Cash paid for expenses and to creditors ?

Jose Loder established Bronco Consulting on August 1, 20Y1. The effect of each transaction and the balances after each transaction for August follow: Assets = Liabilities + Stockholders' Equity Cash + Accounts Receivable + Supplies = Accounts Payable + Common Stock - Dividends + Fees Earned - Salaries Expense - Rent Expense - Auto Expense - Supplies Expense - Misc. Expense a. +75,000 +75,000 b. +9,000 +9,000 Bal. 75,000 9,000 9,000 75,000 c. +92,000 +92,000 Bal. 167,000 9,000 9,000 75,000 92,000 d. -27,000 -27,000 Bal. 140,000 9,000 9,000 75,000 92,000 -27,000 e. -6,000 -6,000 Bal. 134,000 9,000 3,000 75,000 92,000 -27,000 f. +33,000 +33,000 Bal. 134,000 33,000 9,000 3,000 75,000 125,000 -27,000 g. -23,000 -15,500 -7,500 Bal. 111,000 33,000 9,000 3,000 75,000 125,000 -27,000 -15,500 -7,500 h. -58,000 -58,000 Bal. 53,000 33,000 9,000 3,000 75,000 125,000 -58,000 -27,000 -15,500 -7,500 i. -6,100 -6,100 Bal. 53,000 33,000 2,900 3,000 75,000 125,000 -58,000 -27,000 -15,500 -6,100 -7,500 j. -5,000 -5,000 Bal. 48,000 33,000 2,900 3,000 75,000 -5,000 125,000 -58,000 -27,000 -15,500 -6,100 -7,500 Cash paid for expenses and to creditors ?

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter1: Introduction To Accounting And Business

Section: Chapter Questions

Problem 3PB: Jose Loder established Bronco Consulting on August 1, 2016. The effect of each transaction and the...

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Jose Loder established Bronco Consulting on August 1, 20Y1. The effect of each transaction and the balances after each transaction for August follow:

	Assets	=	Liabilities +	Stockholders' Equity
	Cash	+	Accounts Receivable	+	Supplies	=	Accounts Payable	+	Common Stock	-	Dividends	+	Fees Earned	-	Salaries Expense	-	Rent Expense	-	Auto Expense	-	Supplies Expense	-	Misc. Expense
a.	+75,000								+75,000
b.					+9,000		+9,000
Bal.	75,000				9,000		9,000		75,000
c.	+92,000												+92,000
Bal.	167,000				9,000		9,000		75,000				92,000
d.	-27,000																-27,000
Bal.	140,000				9,000		9,000		75,000				92,000				-27,000
e.	-6,000						-6,000
Bal.	134,000				9,000		3,000		75,000				92,000				-27,000
f.			+33,000										+33,000
Bal.	134,000		33,000		9,000		3,000		75,000				125,000				-27,000
g.	-23,000																		-15,500				-7,500
Bal.	111,000		33,000		9,000		3,000		75,000				125,000				-27,000		-15,500				-7,500
h.	-58,000														-58,000
Bal.	53,000		33,000		9,000		3,000		75,000				125,000		-58,000		-27,000		-15,500				-7,500
i.					-6,100																-6,100
Bal.	53,000		33,000		2,900		3,000		75,000				125,000		-58,000		-27,000		-15,500		-6,100		-7,500
j.	-5,000										-5,000
Bal.	48,000		33,000		2,900		3,000		75,000		-5,000		125,000		-58,000		-27,000		-15,500		-6,100		-7,500

Cash paid for expenses and to creditors ?

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