You are required to open the asset and liability and capital accounts and record the following transactions for July 2008 July 1 Started business with £15,000 in the bank.

July 2 Bought office furniture by cheque £1,200.

July 3 Bought a van paying by cheque £6,010.

July 8 Repaid by cheque a loan owed to F Duff £10,000.

July 10Sold some of the office furniture – not suitable for the business – for £150 on credit to

D Twig & Sons

July 19The owner puts a further £4,000 cash into the business.

July 20 Bought machinery £1,400 on credit from Trees Ltd.

July 25The owner takes out £200 cash for his personal use

July 27Paid the amount owing to Trees Ltd £1,400 by cheque.

July 30Bought more machinery by cheque £650.

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.

Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018

Need with an adjusting journal entrycmc records depreciation and amortization expense annually. they do not use an accumulated amortization account. (i.e. amortization expense is recorded with a debit to amort. exp and a credit to the patent.) annual depreciation rates are 7% for buildings/equipment/furniture, no salvage. (round to the nearest whole dollar.) annual amortization rates are 10% of original cost, straight-line method, no salvage. cmc owns two patents: patent #fj101 and patent #cq510. patent #cq510 was acquired on october 1, 2016. patent #fj101 was acquired on april 1, 2018 for $119,000. the last time depreciation & amortization were recorded was december 31, 2017.before adjustment: land: 348791equpment and furniture: 332989building: 876418patents 217000