State whether each event (1) increased, (2) decreased, or (3) had no effect on the total assets of the business. identify any specific asset affected. if no effect, indicate the reason. transaction asset effect account affected or why assets are not affected a. paid $400 cash on accounts payable. decreased cash b. made a cash purchase of land for a building site for the business, $89,000. c. sold land and received cash of $69,000 (the land was carried on the company's books at $69,000). no effect d. received $15,400 cash from customers on account. increased accounts receivable e. purchased medical equipment and signed a $90,000 promissory note in payment.

What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees

1tanner invested $135,000 cash along with office equipment valued at $32,400 in the company in exchange for common stock. 2 the company prepaid $7,200 cash for 12 months’ rent for office space. (hint: debit prepaid rent for $7,200.) 3 the company made credit purchases for $16,200 in office equipment and $3,240 in office supplies. payment is due within 10 days. 6 the company completed services for a client and immediately received $2,000 cash. 9 the company completed a $10,800 project for a client, who must pay within 30 days. 13 the company paid $19,440 cash to settle the account payable created on april 3. 19 the company paid $6,000 cash for the premium on a 12-month insurance policy. (hint: debit prepaid insurance for $6,000.) 22 the company received $8,640 cash as partial payment for the work completed on april 9. 25 the company completed work for another client for $2,640 on credit. 28 the company paid $6,200 cash in dividends. 29 the company purchased $1,080 of additional office supplies on credit. 30 the company paid $700 cash for this month’s utility bill. prepare general journal entries to record these transactions. 2. post the journal entries from part 1 to the ledger accounts.

John is a journalist he went to a product demonstration for a new computer some of what he heard was informative while the rest was meant to persuade consumers to buy the product which two statements in the excerpt are persuasive rather than informative