Groro Co. bills a client $56,000 for services provided and agrees to accept the following three items in full payment: (1) $30,000 cash, (2) equipment worth $63,000, and (3) to assume responsibility for a $37,000 note payable related to the equipment. (a) Analyze the transaction using the accounting equation. (b) Prepare general journal entries for the above transactions (c) Post the entry using T-accounts to represent ledger accounts

Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:

Each row in a database is a set of unique information called a(n) table. record. object. field.

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased.b. the company's times interest earned ratio decreased.c. the company's basic earning power ratio increased.d. the company's equity multiplier increased.e. the company's debt ratio increased.