Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 12, 2024

please help Roberts started business on January 1, 2018 with his own cash $20,000, furniture $12,000, stock of goods $26,000 and a motor van valued

image text in transcribed

please help

Roberts started business on January 1, 2018 with his own cash $20,000, furniture $12,000, stock of goods $26,000 and a motor van valued at $15,000. He also borrowed $30,000 from his brother Bolton. Give opening entry for the same

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

Recommended Textbook for

Auditing The Modern Hospital

Authors: B. J Hall

1st Edition

0130516724, 978-0130516725

More Books

Students also viewed these Accounting questions

Question

★★★★★

Use Theorem 5.9 to find the moment generating function of Y = X Î», where X is a random variable having the Poisson distribution with the parameter Î», and use it to verify...

Answered: 1 week ago

Question

★★★★★

3. What are some characteristics to consider when analyzing groups? (LO 2-2)

Answered: 1 week ago

Question

★★★★★

Modern Designs, Inc., purchased a computerized blueprint printer that will assist in the design and display of plans for factory layouts. The cost of the printer was $90,000, and its expected useful...

Answered: 1 week ago

Question

★★★★★

please help Roberts started business on January 1, 2018 with his own cash $20,000, furniture $12,000, stock of goods $26,000 and a motor van valued at $15,000. He also borrowed $30,000 from his...

Answered: 1 week ago

Question

★★★★★

The SEC can Multiple select question. force a specific registrant to change its filed statements. prohibit the application of certain accounting practices. officially require additional disclosure....

Answered: 1 week ago

Question

★★★★★

4. A round A36 steel test specimen has a diameter of do of 22mm and a gauge length of Lo 175mm. Take Oy = 250 MPa. (20 pts) a] If a force of 70 kN elongates the length by 1mm, what is the engineering...

Answered: 1 week ago

Question

★★★★★

which of the following describe items that systems engineers should consider regarding contracting? Select three that apply. They should focus exclusively on contract pricing since past performance...

Answered: 1 week ago

Question

★★★★★

1: Conflicts can arise between shareholders and bondholders. Outline and evaluate the causes of conflict that might arise and suggest possible solutions. Question 2: Some analysts believe that...

Answered: 1 week ago

Question

★★★★★

Ms. Marcy Van Horne's salary for 2021 is $126,000. Other Information: 1. Ms. Van Horne received a performance bonus of $25,000, one-half of which was paid in 2021, with the remaining one-half not due...

Answered: 1 week ago

Question

★★★★★

1.1 Cascade Peaks Construction: Bathroom Given the information in the scenario: i. Identify the non-conforming construction method ii. Briefly explain why the drawings do not conform to NCC's...

Answered: 1 week ago

Question

★★★★★

Describe three situations that would require a businessperson to use the direct plan for a negative message. (Objective 6)

Answered: 1 week ago

Question

★★★★★

Explain the placement of the logical explanation and the negative news if a message follows the direct plan. (Objective 5)

Answered: 1 week ago

Question

★★★★★

List and discuss the five major parts of the indirect plan outline and guidelines for developing each part. (Objective 3)

Answered: 1 week ago

Previous Question Next Question