The writer is very fast, professional and responded to the review request fast also. Thank you.
The general journal is for February, due as of feb 31.
#4 Feb 2: Paid employee salaries that were due as of January 31, 2019. ( due last month)
A.Liabilities are decreased, stockholders’ equity is increased and there is no effect on assets.
B.Assets are decreased, stockholders’ equity is decreased and there is no effect on liabilities.
C.Assets are decreased, liabilities are decreased and there is no effect on stockholders’ equity.
D.Assets are increased, stockholder’s equity is increased and there is no effect on liabilities.
E.There is no effect on assets, liabilities, or stockholders’ equity.
2.#9 Feb 7: During the first week of February the company reported concession sales as follows:
Concessions: Cost: $1,500
Sales Price: $3,100
All concession sales were cash sales.
The cumulative effect of recording transaction #9 is an
A.Increase in stockholders’ equity of $3,100
B.Increase in expenses of $3,100
C.Increase in assets of $1,600
D.Decrease in retained earnings of $1,500
E.Increase in assets of $3,100
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more