Business, 17.09.2019 23:30 xjaliw11882
If assets equal $95,000 and liabilities equal $40,000, then owners’equity equals
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The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:
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If assets equal $95,000 and liabilities equal $40,000, then owners’equity equals...
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World Languages, 17.09.2019 23:00
