Identify the financial statements on which each of the following items (titles, date descriptions, and accounts) appears by placing a check mark in the appropriate column. If an item appears on more than one statement, place a check mark in every applicable column.
Answer to relevant QuestionsPratt Corp. started the accounting period with $30,000 of assets, $12,000 of liabilities, and $5,000 of retained earnings. During the period, the Retained Earnings account increased by $7,550. The bookkeeper reported that ...Trip’s Business Services experienced the following events during its first year of operations: 1. Acquired $20,000 cash from the issue of common stock. 2. Borrowed $12,000 cash from First Bank. 3. Paid $5,000 cash to ...On January 1, 2016, the following information was drawn from the accounting records of Zeke Company: cash of $200; land of $1,800; notes payable of $600; and common stock of $1,000. Required a. Determine the amount of ...As of December 31, 2016, Dunn Company had total cash of $156,000, notes payable of $85,600, and common stock of $52,400. During 2017, Dunn earned $36,000 of cash revenue, paid 20,000 for cash expenses, and paid a $3,000 cash ...The following cash transactions occurred in five real-world companies: 1. In 2013, Delta Airlines purchased 44 new airplanes for $l billion. 2. Google, Inc., paid $3.2 billion to purchase Nest Labs in January 2014. 3. ...
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