Question
Issue common stock for cash Purchase supplies on account Provide services to customers for cash Pay workers' salaries for the month Pay suppliers on account
Issue common stock for cash Purchase supplies on account Provide services to customers for cash Pay workers' salaries for the month Pay suppliers on account Pay dividends to stockholders
tableIndividual TransactionsTransactionMonth,Day,AmountIssue commo..,January,SeptembertablePurchasesupplies onaccountJanuary,FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember Assets ?Liabilities ?Stockholders' Equity Assets Liabilities Stockholders' Equity Revenues, Expenses, and Dividends
$ $ Revenues Expenses Dividends
what is total service revrevenue for the year and by how much did these transaction affects stockholder's equity?
what is total salaries expense for the year and by how much did these transactions affect stockholder's equity?
Note: salaries expense: service revenue: ?assets: lialiability: ?stockholder's equity: ?
(All) Transaction Type Issue common stock for cash O Purchase supplies on account Provide services to customers for cash O Pay workers' salaries for the month O Pay suppliers on account O Pay dividends to stockholders Individual Transactions Amount $150,000 $100,000 Assets Liabilities + Stockholders' Equity Transaction Month $50,000 Day Amount Issue commo.. January 20 9,500 September 25 9,900 Purchase January 5 5,500 $0 supplies on account 21 5,900 Assets Liabilities Stockholders' Equity February 10 6,100 28 6,400 March 9 5,900 Revenues, Expenses, and Dividends 20 5,700 April 8 5,700 19 6,000 $200,000 May 13 5,800 24 5,800 June 10 6,300 26 $150,000 6,200 July 6 6,400 24 6,000 August 7 5,700 Amount $100,000 21 5,600 September 12 6,400 22 6,300 $50,000 October 10 6,000 23 5,800 November 12 5,600 $0 24 5,600 Revenues Expenses Dividends +ableau
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started