subject
Business, 23.11.2019 04:31 diyagawande

Linda keller opened a consulting firm, keller consulting p. c. during its first month of operations, the following transactions were completed:
i. linda invested $30,000 in the business, which in turn issued common stock to her.
ii. the business purchased equipment on account for $63,000
iii. the business provided consulting services on account, $12,000
iv. the business paid salaries to the receptionist, $2,000
v. the business received cash from a customer as payment on account of $6,000
vi. the business borrowed $13,000 from the bank, issuing a note payable

at the end of the month, total liabilities are:
a. $63,000
b. $76,000
c. $75,000
d. $13,000

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
The link between volume of production and the cost of building manufacturing operations is particularly important in industries characterized byanswers: process innovations.product manufacturing.product innovation.process manufacturing.
Answers: 1
question
Business, 21.06.2019 21:00
Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.
Answers: 3
question
Business, 22.06.2019 01:20
As a project manager for a large construction company, shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly
Answers: 2
question
Business, 22.06.2019 05:00
Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.
Answers: 3
You know the right answer?
Linda keller opened a consulting firm, keller consulting p. c. during its first month of operations,...
Questions
question
Mathematics, 14.12.2020 22:00
question
Chemistry, 14.12.2020 22:00
question
Mathematics, 14.12.2020 22:00
question
History, 14.12.2020 22:00
Questions on the website: 13722361