Business, 11.09.2019 01:30 tishfaco5000

Arrowhead delivery service is owned and operated by gates deeter. the following selected
transactions were completed by arrowhead delivery service during august:
1. received cash from owner as additional investment, $25,000.
2. paid creditors on account, $3,750.
3. billed customers for delivery services on account, $22,400.
4. received cash from customers on account, $11,300.
5. paid cash to owner for personal use, $6,000.
indicate the effect of each transaction on the accounting equation elements (assets,
liabilities,
owner's equity, drawing, revenue, and expense). also indicate the specific
item within the accounting equation element that is affected. to illustrate, the answer to
(1) is shown below.
(1) asset (cash) increases by $25,000; owner's equity (gates deeter, capital) increases
by $25,000.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 02:20

Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a

Answers: 2

Answer

Business, 22.06.2019 05:30

U.s. internet advertising revenue grew at the rate of r(t) = 0.82t + 1.14 (0 ≤ t ≤ 4) billion dollars/year between 2002 (t = 0) and 2006 (t = 4). the advertising revenue in 2002 was $5.9 billion.† (a) find an expression f(t) giving the advertising revenue in year t.

Answers: 1

Answer

Business, 22.06.2019 08:00

Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.

Answers: 2

Answer

Business, 22.06.2019 08:40

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?

Answers: 3

Answer

You know the right answer?

Arrowhead delivery service is owned and operated by gates deeter. the following selected
tran...

Questions