70.2K

Verified Solution

Link Copied!

sessment Player Ul Appli. x NWP Assessment Player Ul Applix m/was/ui/v2/assessment-player/index.html?launchid=60d31b3d-4679-4a6d-8794-3db222cf485d#/question/ Question 1 of 3 -722.3 View Polides Current Attempt in Progress On April 1. Metlock, Inc. was established. These transactions were completed during the month. 2 3 $ 6 Stockholders invested $30.600 cash in the company in exchange for common stock Paid $610 cash for April officerent. Purchased office equipment for $3.280 cash Purchased $210 of advertising in the Chicago Tribune, on account. Paid $310 cash for office supplies. Performed services worth $12.000. Cash of $2.700 is received from customers and the balance of $9.300 is billed to customers on account Paid $260 cash dividends. Pald Chicago Tribune amount due in transaction (4). Pald employees salaries $1.500. Received 59 300 in cash from customers bild previously in transaction (6) 2 9 (a) Prepare a tabu or analysis of the above transactions include margin explanations for any changes in Retained Earnings of a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, ploce a negative sign for parentheses) in front of the amount entered for the particular Asset. Liability or Equity item that was reduced. See illustration 3-4 for example) Assets Supplies Cash Accounts Receivable Equipment o (hp sessment Player Ul Appli. x NWP Assessment Player Ul Applix m/was/ui/v2/assessment-player/index.html?launchid=60d31b3d-4679-4a6d-8794-3db222cf485d#/question/ Question 1 of 3 -722.3 View Polides Current Attempt in Progress On April 1. Metlock, Inc. was established. These transactions were completed during the month. 2 3 $ 6 Stockholders invested $30.600 cash in the company in exchange for common stock Paid $610 cash for April officerent. Purchased office equipment for $3.280 cash Purchased $210 of advertising in the Chicago Tribune, on account. Paid $310 cash for office supplies. Performed services worth $12.000. Cash of $2.700 is received from customers and the balance of $9.300 is billed to customers on account Paid $260 cash dividends. Pald Chicago Tribune amount due in transaction (4). Pald employees salaries $1.500. Received 59 300 in cash from customers bild previously in transaction (6) 2 9 (a) Prepare a tabu or analysis of the above transactions include margin explanations for any changes in Retained Earnings of a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, ploce a negative sign for parentheses) in front of the amount entered for the particular Asset. Liability or Equity item that was reduced. See illustration 3-4 for example) Assets Supplies Cash Accounts Receivable Equipment o (hp

Answer & Explanation Solved by verified expert

See Answer