Business, 13.02.2020 07:26 Graciesett6879

Presented below is information related to Larkspur Company.

Oct. 1 Diane Lexington begins business as a real estate agent with a cash investment of $19,800 in exchange for common stock.
2 Hires an administrative assistant.
3 Purchases office furniture for $2,300, on account.
6 Sells a house and lot for N. Fennig; bills N. Fennig $3,750 for realty services performed.
27 Pays $850 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $2,300 in salary for October.

Prepare the debit-credit analysis for each transaction.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 18:50

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?

Answers: 3

Answer

Business, 22.06.2019 19:00

Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.

Answers: 2

Answer

Business, 23.06.2019 04:00

Which of the following should be considered last when searching for financing

Answers: 2

Answer

Business, 23.06.2019 09:30

Clara client has just been presented with a standard representation agreement by the law firm of yatz & berger. clara's first language is german. although she speaks and reads everyday english quite well, the legal terms in the contract confuse her. yatz & berger should question 90 options: have someone in the firm, if possible, or a translator from outside of the firm, explain the terms of the contract thoroughly until clara has a full and complete understanding of its terms. advise clara to take the contract home and study it before signing it. have a paralegal explain the most important clauses in the contract to clara in smaller, plain english words. advise clara to sign the contract and take her copy home for study.

Answers: 3

Answer

You know the right answer?

Presented below is information related to Larkspur Company.

Oct. 1 Diane Lexington begin...

Questions