{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-21T21:02:07-04:00", "answer_date": "2024-05-21 21:02:07", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1473395", "url": "\/study-help\/questions\/question-24-lucy-morton-opened-an-engineering-office-and-titled-1473395", "question_creation_date_js": "2024-05-21T21:02:07-04:00", "question_creation_date": "May 21, 2024 09:02 PM", "meta_title": "[Solved] Question 24 Lucy Morton opened an enginee | SolutionInn", "meta_description": "Answer of - Question 24 Lucy Morton opened an engineering office and titled the business Engineering Enterprises P.C. During its f | SolutionInn", "meta_keywords": "question,24,lucy,morton,opened,engineering,office,titled,business,enterprises,c,first", "question_title_h1": " Question 24 Lucy Morton opened an engineering office and titled the business Engineering Enterprises P.C. During its first month of operations, it completed the", "question_title": " Question 24 Lucy Morton opened an engineering office and titled the", "question_title_for_js_snippet": "Question 24 Lucy Morton opened an engineering office and titled the business Engineering Enterprises P C During its first month of operations, it completed the following transactions 1 Lucy invested $30,000 in the business, which in turn issued common stock to her 2 The business purchased equipment on account for $6,000 3 The business provided engineering services on account, $10,000 4 The business paid salaries to the receptionist, $1,000 5 The business received cash from a customer as payment on account $6,000 6 The business borrowed $8,000 from the bank, issuing a note payable Total assets would be $ 4 pts", "question_description": "\"image", "transcribed_text": "Question 24 Lucy Morton opened an engineering office and titled the business Engineering Enterprises P.C. During its first month of operations, it completed the following transactions: 1. Lucy invested $30,000 in the business, which in turn issued common stock to her. 2. The business purchased equipment on account for $6,000. 3. The business provided engineering services on account, $10,000. 4. The business paid salaries to the receptionist, $1,000. 5. The business received cash from a customer as payment on account $6,000. 6. The business borrowed $8,000 from the bank, issuing a note payable. Total assets would be: $ 4 pts", "related_book": { "title": "Fundamental Accounting Principles", "isbn": "9781259566905, 978-0-07-76328, 77862279, 1259566900, 0-07-763289-3, 978-0077862275", "edition": "22nd edition", "authors": "John Wild, Ken Shaw, Barbara Chiappetta", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/441.jpg", "uri": "\/textbooks\/fundamental-accounting-principles-22nd-edition-441", "see_more_uri": "" }, "free_related_book": { "isbn": "0307885968", "uri": "\/textbooks\/dogs-that-know-when-their-owners-are-coming-home-fully-updated-and-revised-updated-edition-978-0307885968-237068", "name": "Dogs That Know When Their Owners Are Coming Home Fully Updated And Revised", "edition": "Updated Edition" }, "question_posted": "2024-05-21 21:02:07", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/requirement-1-two-contribution-format-statements-current-and-proposed-based-462963", "description": "Requirement 1 Two contribution format statements: current and proposed based on business decision. Requirement 2 For each option current and proposed business decision) calculate the following: a....", "stars": 3 }, { "url": "\/a-vessel-of-025m3-capacity-u-filled-with-saturated-steam", "description": "A vessel of 0,25-m3 capacity U filled with saturated steam at 1.50U kPa. If the vessel is cooled until 25 percent of the steam has condensed, how much beat is transferred and what is the final...", "stars": 3 }, { "url": "\/study-help\/operations-and-supply-chain-management\/assume-that-it-will-be-the-same-as-it-has-1839230", "description": "Assume that it will be the same as it has been for the same or similar products. LO.1", "stars": 3 }, { "url": "\/study-help\/psychology\/1-put-up-humorous-signs-in-the-classroom-to-remind-1984423", "description": "1. Put up humorous signs in the classroom to remind students of rules.", "stars": 3 }, { "url": "\/journalize-the-following-laborrelated-transactions-for-portland-glass-at-its", "description": "Journalize the following labor-related transactions for Portland Glass at its plant in Portland, Oregon. Assume that the labor has been incurred, but not yet paid. Plant janitors wages...... $ 650...", "stars": 3 }, { "url": "\/study-help\/questions\/christine-works-for-marian-transport-in-qubec-and-is-paid-9793101", "description": "Christine works for Marian Transport in Qubec and is paid $1,130.73 weekly. Her employer provides group term life insurance coverage and pays 100% of the premiums for Christine's coverage. This...", "stars": 3 }, { "url": "\/study-help\/questions\/a-company-plans-to-issue-preferred-stock-with-a-perpetual-3808966", "description": "A company plans to issue preferred stock with a perpetual annual dividend of $2 per share and a par value of $22. If the required return on this stock is currently 8%, what should be the stock's...", "stars": 3 }, { "url": "\/study-help\/questions\/lucky-llc-has-four-members-amber-brandon-crystal-and-drew-963400", "description": "Lucky, LLC, has four members: Amber, Brandon, Crystal, and Drew. Amber and Brandon each contributed $30,000, and Crystal and Drew each contributed $50,000 to form the company. Profits and losses are...", "stars": 3 }, { "url": "\/study-help\/questions\/list-the-violations-for-the-happy-foods-establishments-provide-licenseno-676615", "description": "List the violations for the Happy Foods establishments. Provide license_no, Inspection Date, inspection Results, fine, Inspection Point ID, and description of the inspection point violated. need sql...", "stars": 3 }, { "url": "\/study-help\/questions\/complete-the-solution-to-the-following-differential-equation-y-1000888", "description": "Complete the solution to the following differential equation. y\" + 4y + 3y = 16et y(0) = 0, y(0) = 1 Applying the Laplace transform in both sides we get s2Y(s) - sy(0) -y (0) + 4[sY(s) = y(0)] +...", "stars": 3 }, { "url": "\/study-help\/questions\/cheersinc-a-small-health-insurance-company-manages-its-own-call-1000366", "description": "CheersInc., a small health insurance company, manages its own call center to provide customer service. A call is first taken by a general representative who will try to resolve the client's inquiry....", "stars": 3 }, { "url": "\/study-help\/questions\/many-practices-have-tried-to-reduce-noshows-through-automated-text-1000527", "description": "Many practices have tried to reduce no-shows through automated text and phone call reminders. But that only solves the issue of forgetfulness. Much more effective are options for online scheduling...", "stars": 3 }, { "url": "\/study-help\/questions\/cheap-travel-borrowed-25000-on-august-1-2014-by-signing-8679348", "description": "Cheap travel borrowed $25,000 on August 1, 2014, by signing a 1 year note payable to street One bank. Cheap's interest expense on the note payable for the remainder of the fiscal year (August through...", "stars": 3 }, { "url": "\/the-pletcher-transportation-company-uses-a-responsibility-reporting-system-to", "description": "The Pletcher Transportation Company uses a responsibility reporting system to measure the performance of its three investment centers: Planes, Taxis, and Limos. Segment performance is measured using...", "stars": 3 }, { "url": "\/study-help\/principles-of-risk-management\/a-critic-of-state-unemployment-insurance-programs-stated-that-unemployment-1759794", "description": "A critic of state unemployment insurance programs stated that \"unemployment insurance programs are designed to maintain economic security for unem- ployed workers, but several critical problems must...", "stars": 3 }, { "url": "\/study-help\/principles-of-risk-management\/explain-the-following-tort-liability-problems-medical-malpractice-crisis-corporate-1759788", "description": "Explain the following tort liability problems: Medical malpractice crisis Corporate fraud and lax corporate governance Increase in asbestos lawsuits", "stars": 3 }, { "url": "\/study-help\/principles-of-risk-management\/explain-the-following-legal-defenses-that-can-be-used-in-1759791", "description": "Explain the following legal defenses that can be used in a lawsuit: Contributory negligence Comparative negligence Assumption of risk Last clear chance rule", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/a-corporation-has-53522-shares-of-31-par-stock-outstanding-1473394", "next": "\/study-help\/questions\/1-given-the-following-information-calculate-earnings-per-share-round-1473396" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": " Question 24 Lucy Morton opened an engineering office and titled the", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/question-24-lucy-morton-opened-an-engineering-office-and-titled-1473395" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }