
a. The owner invested $18.600 cash in the company in exchange for its common stock b....
On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $84,310 in assets in exchange for its common stock to launch the business. On October 31, the company’s records show the following items and amounts. Cash $ 10,200 Cash dividends $ 2,340 Accounts receivable 15,200 Consulting revenue 15,200 Office supplies 3,550 Rent expense 3,910 Land 45,990 Salaries expense 7,350 Office equipment 18,310 Telephone expense 790 Accounts payable 8,740 Miscellaneous expenses 610 Common Stock 84,310 Using the...
On October 1, Youssef Taher organized Taher Consulting; on October 3, the owner contributed $84,310 in assets to launch the business. On October 31, the company's records show the following items and amounts. Cash $ 10,200 Cash withdrawals by owner S 2,340 Accounts receivable 14,310 Consulting fees earned 14,310 Office supplies 3,550 Rent expense 3,910 Land 45,990 Salaries expense 7,350 Office equipment 18,310 Telephone expense 790 Accounts payable 8,740 Miscellaneous expenses 610 Owner investments 84,310 A) Using the above information...
a. Kacy Spade, owner, invested $17,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $508 cash. c. The company purchased $9,678 of office equipment on credit. d. The company received $2,065 cash as fees for services provided to a customer. e. The company paid $9,678 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,710 as fees for services provided. g. The...
a. Kacy Spade, owner, invested $19,250 cash in the company in exchange for common stock. b. The company purchased office supplies for $558 cash. C. The company purchased $10,645 of office equipment on credit. d. The company received $2,272 cash as fees for services provided to a customer. e. The company paid $10,645 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $4,081 as fees for services provided. g. The...
a. Kacy Spade, owner, invested $11.250 cash in the company in exchange for common stock. b. The company purchased office supplies for $326 cash. c. The company purchased $6.221 of office equipment on credit d. The company received $1,327 cash as fees for services provided to a customer. e. The company paid $6.221 cash to settle the payable for the office equipment purchased in transactionc 1. The company billed a customer $2,385 as fees for services provided. g. The company...
On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $82,890 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $15, 140 12,720 2,110 46,010 16,780 7,360 82,890 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 830 12,720...
a. Kacy Spade, owner, invested $18,500 cash in the company in exchange for common stock. b. The company purchased office supplies for $537 cash. c. The company purchased $10,231 of office equipment on credit. d. The company received $2,183 cash as fees for services provided to a customer. e. The company paid $10,231 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3.922 as fees for services provided. g. The...
a. Kacy Spade, owner, invested $18,750 cash in the company in exchange for common stock b. The company purchased office supplies for $544 cash. c. The company purchased $10,369 of office equipment on credit. d. The company received $2,213 cash as fees for services provided to a customer. e. The company paid $10,369 cash to settle the payable for the office equipment purchased in transactionc f. The company billed a customer $3,975 as fees for services provided g. The company...
a. Kacy Spade, owner, invested $16,750 cash in the company in exchange for common stock. b. The company purchased office supplies for $486 cash. c. The company purchased $9,263 of office equipment on credit. d. The company received $1,976 cash as fees for services provided to a customer. e. The company paid $9,263 cash to settle the payable for the office equipment purchased in transactionc f. The company billed a customer $3,551 as fees for services provided. 9. The company...
a. Kacy Spade, owner, Invested $18,750 cash in the company in exchange for common stock. b. The company purchased office supplies for $544 cash. C. The company purchased $10,369 of office equipment on credit. he company received $2,213 cash as fees for services provided to a customer. e. The company paid $10,369 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,975 as fees for services provided. g. The company...