The analysis of the first eight transactions of All in one Accounting Service, Inc , follows Stockholders made only one investment and there were no dividend payments Requirements 1 Describe each transaction 2 If these transactions fully describe the operations of All in one Accounting Service, Inc...

Req 1 Transaction Description 1 Issued stock 2 Earned reve ...

The analysis of the first eight transactions of All-in-one Accounting Service, Inc., follows. Stockholders made only one

Question:

The analysis of the first eight transactions of All-in-one Accounting Service, Inc., follows. Stockholders made only one investment and there were no payments.

Accounts reccivable Accounts payable Common stock Retained Equipment %3D Cash carnings + 31,000 + 31,000 2. + 3,800 + 3,

Requirements
1. Describe each transaction.
2. If these transactions fully describe the operations of All-in-one Accounting Service, Inc., during the month, what was the amount of net income or netloss?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...