Answer all!!!
Angela Peters practiced law with a partnership for 10 years. Recently she opened her own law office, which she operates as a proprietorship. The name of the new entity is Angela Peters, Attorney. Peters experienced the following events during the organizing phase of the new business and its first month of operation. Some of the events were personal and did not affect the law practice. Others were business transactions and should be accounted for by the business.
Mar 1 Sold personal investment in eBay stock, which she had owned for several years, receiving $31,000 cash.
2 Deposited the $31,000 cash from sales of the eBay stock in her personal bank account
3 Received $139,000 cash from former law partners
5 Deposited $89,000 cash in new business bank account titled Angela Peters, Attorney. The business gave capital to Peters.
7 Paid $400 cash for ink cartridges for the printers
9 Purchased computer for the law office, agreeing to pay the amount $9,300, within three months.
23 Finished court hearings on behalf of client and submitted a bill for legal services, $13,500, on account.
30 Paid utilities, $1,200
31 Peter withdrew cash of $2,000.
Analyze the effects of the preceding events on the accounting equation of the proprietorship of Angela Peters, Attorney.
At March 31, compute the business
Practice Question Enter your answer to each question in the space provided. Click on the button marked "Check Answer" to see if you are correct. Siamese Fighting Fish (Betta splendens) normally have short, rounded tails. Hobbyists have developed a variant that has a long, drooping "veil" tail. When pure breeding round-tailed fish are bred with pure breeding veil-tailed fish the progeny all have veil tails. When F1 progeny from such a cross were self-crossed, the F2 generation consisted of 63 veil-tailed fish and 25 round-tailed fish. Which phenotype is dominant? Veil tail Check Answer What percentage of the F1 progeny are expected to be heterozygous? % Check Answer What percentage of the F2 round-tailed progeny are expected to be heterozygous? % Check Answer What percentage of the F2 veil-tailed progeny are expected to be heterozyg %% Check AnswerQuestion 6 P Which of the following is NOT true about Gauss's Law and Coulomb's Law? O In all cases, Gauss's Law is simply a different mathematical way to express Coulomb's law, but using an integral instead of a force equation. O Gauss's Law can be used to easily calculate the electric field in cases where there is a lot of symmetry, even when such a calculation would be difficult with Coulomb's Law. O Because it applies in all cases, Gauss's Law is one of the fundamental laws of electricity and magnetism, whereas Coulomb's Law is not. O Both Gauss's Law and Coulomb's Law are mathematically equivalent in cases where charge does not move and electric fields are constant with time.Part 2: Ethical Issues and the Institutionalization of Business Eth IMPORTANT TERMS FOR REVIEW voluntary practices 95 consumer protection law 101 Philanthropy 95 Occupational Safety and Health core practices 96 Administration 104 Better Business Bureau 96 Public Company Accounting Oversight mandated boundaries 96 Board 106 civil law 98 Consumer Financial Protection Bureau 109 criminal law 98 cause-related marketing 115 procompetitive legislation 100 strategic philanthropy 116 social entrepreneurship 116language of (?) 4. The "basic raw materials" of accounting are composed of business (?) Transaction data 5. Each state has laws providing for the licensing for certified public accountants. Who are commonly called (?) CPA 6. The applicability of accounting in an individual economic unit in society is based on the business (?) 7. A separate legal entity organized in accordance with state or federal statutes and in which owner- ship is divided into shares of stock is referred to as a (an) (?) 8. A partnership is owned by (?) or more individuals