Question
Record the following transactions in the financial statements effects template below. Balance Sheet Income Statement Transaction Cash Asset + Noncash Assets = Liabil- ities +
Record the following transactions in the financial statements effects template below.
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| Balance Sheet | Income Statement
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| Transaction | Cash Asset | + | Noncash Assets | = | Liabil- ities | + | Contrib. Capital | + | Earned Capital | Rev-enues |
| Expen-ses | = | Net Income |
| Purchase $10,000 of inventory on credit |
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| Sell all inventory for $18,000 on account |
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| Collect $4,000 cash for accounts receivable |
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| Pay $6,000 cash toward accounts payable |
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Financing For Gender Equality Realising Womens Rights Through Gender Responsive Budgeting
Authors: Zohra Khan , Nalini Burn
1st Edition
1137461004, 1137461012, 9781137461001, 9781137461018
