Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. julia dumars is a licensed cpa during the first mo

Julia Dumars is a licensed CPA During the first month of operations of her business...

70.2K

Verified Solution

Question

Basic Math

image

Julia Dumars is a licensed CPA During the first month of operations of her business Skysong Inc the following events and transactions occurred May 1 2 3 7 11 12 17 31 a 31 Stockholders invested 22 300 cash in exchange for common stock Hired a secretary receptionist at a salary of 2 500 per month Purchased 1 600 of supplies on account from Vincent Supply Company Paid office rent of 750 cash for the month Completed a tax assignment and billed client 2 100 for services performed Received 2 900 advance on a management consulting engagement Received cash of 1 500 for services performed for Orville Co Paid secretary receptionist 2 500 salary for the month Paid 40 of balance due Vincent Supply Company Julia uses the following chart of accounts No 101 Cash No 112 Accounts Receivable No 126 Supplies No 201 Accounts Payable No 209 Unearned Service Revenue No 311 Common Stock No 400 Service Revenue No 726 Salaries and Wages Expense and No 729 Rent Expense

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Sry guy, can't find a subject for this - so I put under Biology Pls do not...

Biology
Q

Critically evaluate the key barriers to Globalisation and recommendations to overcome them. (Include citations) (500 words).

General Management
Q

Describe the steps necessary to calculate the variance of a sample. Why is it important to...

Basic Math
Q

Which among the following factors represent the advantages of nuclear power I Low operating cost...

Biology
Q

2 Calculate the potential energy kinetic energy mechanical energy velocity and height of the ball...

Physics
Q

A beam of electrons after being accelerated through a potential difference of 100 volts enters...

Physics
Q

As of July 8 2020 the national average price for a gallon of regular unleaded...

Statistics
Q

Worksheet Math 124 2 Evaluate the following limits and then match the functions with their...

Calculus
Q

Waldon, Trent, and Wizer decide to form a T-shirt design partnership. Alison Waldon figures this...

Accounting
Q

5. The Original Medicare Plan consists of Hospital Insurance (Medicare Part A) and Medical Insurance...

Finance
Q

11. MIRR Doak Corp. is evaluating a project with the following cash flows. The company...

Finance
Q

Marigold Company reports the following costs and expenses in May. Determine the total amount of...

Accounting