Upgrade to remove ads
Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Stack #127715

        Help!  

? two act. chng on balanace st
Answer
july 30 borrowed 100,000 for three years from big bank   LTL and cash  
🗑
on Aug 1 smith invested 1000 in the business   cash , capital assets  
🗑
on august 3 smith purchased 100 of supplies with cash   cash, RE  
🗑
aug 5 she purchased 500 of office furniture on accoutn   fixed assets and, Acct payable  
🗑
aug 7 she provided services to the golden agers home. she billed them for 250 which they agreed to pay in 30 days   acct rec and RE  
🗑
on aug 10 she provided services to the old sailors home. s he billed them for 400 which they paid   cash and RE  
🗑
Aug 18 she paid rent of 250 with cash   cash and retained earning  
🗑
on aug 25 she withdrew 100 cash for personal use   cash and captiol acct (owneers withdraw) {if not option choose RE}  
🗑
on aug 28 she received and paid a utilities bill for 50   cash and retained earnings  
🗑
on aug 30 smith paid 100 on account for previously purchased furniture   cash and acct payable  
🗑
owner withdraws 5000 for person use   cash, RE  
🗑
Depreciation for the period is 100   Fixed asset, RE  
🗑
Sales for the month are 2000 and 30% on account 70% cash   cash&RE, cash and acct Rec  
🗑
borrow $5000 for 3 years   cash and Long term notes payable  
🗑
purchase 500 of fixtures on credit   fixed assets and current liabilities  
🗑
the owner invested money into the bus.   cash, capital assets  
🗑
your provide a service and gave them 30 days to pay it   accounts receivable and RE  
🗑
owner purchase 100 of supplies   cash and RE  
🗑
the pharmacy buys merchandise from wholeshale by credit   account payable and inventory  
🗑


   

Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
 
To hide a column, click on the column name.
 
To hide the entire table, click on the "Hide All" button.
 
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
 
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.

 
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how
Created by: lainylaina