Following are transactions for valdez services, a company owned by brina valdez. a. brina valdez invests $39,350 cash in the company in exchange for common stock. b. the company provided $2,300 of services on credit. c. the company provided services to a client and immediately received $875 cash. d. the company received $10,200 cash from a client in payment for services to be provided next year. e. the company received $3,500 cash from a client in partial payment of an account receivable. f. the company borrowed $120,000 cash from the bank by signing a promissory note.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Following are transactions for valdez services, a company owned by brina valdez. a. brina valdez invests $39,350 cash in the company in ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Governments often intervene in international trade and impose quotas to rev: 06_20_2018 Multiple Choice shift a nation's production possibilities frontier. increase revenues from export subsidies. protect domestic industries from foreign competition.
Answers (1)
Giada Foods reported $940 million in income before income taxes for 2011, its first year of operations. Tax depreciation exceeded depreciation for financial reporting purposes by $100 million.
Answers (1)
A person is planning to open a savings account with the intent to buy a house in 5 years. They will invest an equal amount each month for 5 years. This account will earn 6% per year (.5% per month) and will have $300,000 at the end of 5 year term.
Answers (1)
How much oil does saudi arabia have left?
Answers (1)
In business, a message written to right a wrong is called a claim. Straightforward claims are those where the receiver is expected to readily agree with your message. These claims require a direct approach.
Answers (1)
New Questions in Business
John deposited $2,000, at the end of every month for 2 years in a savings account. if the account paid 6% interest, compounded monthly, use table 12-1 from your text to find the future value of his account.
Answers (1)
Alaska Mining Co. acquired mineral rights for $37,878,000. The mineral deposit is estimated at 21,400,000 tons. During the current year, 2,150,000 tons were mined and solda. Determine the amount of depletion expense for the current year.
Answers (1)
By repeating what you think she said in your own words, you're demonstrating effective ___ skills.
Answers (1)
Credit sales to customers are: Group of answer choices A. Recorded using the Enter Bills window B. Recorded in a Credit Card Sales window C. Recorded using the Create Sales Receipts window D. Recorded using a Create Invoices window
Answers (1)
What are the tax liability, the marginal tax rate, and the average tax rate for a married couple filing jointly with $51,900 taxable income?
Answers (1)