Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. {shareholders invested 20,000$ in cash in exchange

{Shareholders invested 20,000$ in cash in exchange for ordinary shares}. First:...

90.2K

Verified Solution

Question

Accounting

{Shareholders invested 20,000$ in cash in exchange for ordinary shares}.
image
First: write the Accounting Equation (1 mark) Second: analysis the transaction and how it is effects in the accounting equation (2 Mark), For example: Increase Assets (cash +1,000), decrees Liabilities (Account Payable - 1,000)

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Explain how fertilization occurs in yhe dogfish shark and how the embryo is nourished

Electrical Engineering
1.2K views

Given what you know about Life Cycle Assessment, discuss four factors for each project that might...

Biology
1.2K views

Based on what you know about fern reproduction why do you think ferns tend to...

Physics
1.2K views

2 At what angle is the first order maximum for 450 nm wavelength blue light...

Physics
1.2K views

A wire of length L and cross section area A suspended at one of its...

Statistics
1.2K views

A survey was conducted at a local ballroom dance studio asking students if they had...

Calculus
1.2K views

Match the following items On the unit circle with its center at 0 0 an...

Accounting
1.2K views

In how many ways can a committee consisting of 2 faculty members and 4 students...

Accounting
1.2K views

Which of the following is not one of the general tax credit categories? A.Nonrefundable personal....

Accounting
1.2K views

E 14.10 E14.10 (LO 3), AP An incomplete cost of goods manufactured schedule...

Finance
1.2K views

need help with this problem Exercise 4 Jeanne has just graduated...

Accounting
1.2K views

What is its WACC? Note: Do not round intermediate calculations. Enter your answer as a...