Complete the entries for the following table. The first item has been done for you. 1. Noel
Question:
Complete the entries for the following table. The first item has been done for you.
Transcribed Image Text:
1. Noel pays a cheque into his business Bank account as capital 2. Purchases some stock and pays by cheque 3. Sells some stock and banks the takings 4. Pays rent by cheque 5. Purchases shop fittings and pays by cheque 6. Cashes cheque for personal expenses 7. Pays wages by cheque 8. Returns stock to supplier and banks refund 9. Receives rent from tenant and banks cheque 10. Refunds money to customer by cheque for goods returned 11. Motor vehicle purchased and paid for by cheque 12. Pays for petrol for motor vehicle and pays by cheque Debit account Bank Credit account Noel - Capital
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (5 reviews)
Here are the completed entries for the table Debit account Credit account Transa...View the full answer
Answered By
Abdul Wahab Qaiser
Before working at Mariakani, I volunteered at a local community center, where I tutored students from diverse backgrounds. I helped them improve their academic performance and develop self-esteem and confidence. I used creative teaching methods, such as role-playing and group discussions, to make the learning experience more engaging and enjoyable.
In addition, I have conducted workshops and training sessions for educators and mental health professionals on various topics related to counseling and psychology. I have presented research papers at conferences and published articles in academic journals.
Overall, I am passionate about sharing my knowledge and helping others achieve their goals. I believe that tutoring is an excellent way to make a positive impact on people's lives, and I am committed to providing high-quality, personalized instruction to my students.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Ten items that may or may not be involved in the bank reconciliation process for April are listed in the table shown below: Instructions Complete the table shown above, identifying where each item...
-
THIRD AVENUE SOFTWARE HEALTH-CARE APP PROJECT This case is new for the ninth edition of Information Technology Project Management . The case provides an opportunity to apply agile and Scrum...
-
You have been asked to estimate the per unit selling price of a new line of clothing. Pertinent data are as follows: Direct labor rate: ............................... $15.00 per hour Production...
-
Timco is considering the construction of a new retail outlet. The construction cost will be 400000. Net working capital will increase by 10000. The depreciation is 10 year MACRS. The new location...
-
Companies that operate in different industries may have very different financial ratio values. These differences may grow even wider when we compare companies located in different countries. Compare...
-
The Public Citizen Health Research Group (the "group") calculated the rate of serious disciplinary actions per 1000 doctors in each state. Using state-bystate data from the Federation of State...
-
Because of friction, a \(0.10-\mathrm{kg}\) hockey puck initially sliding over ice at \(8.0 \mathrm{~m} / \mathrm{s}\) slows down at a constant rate of \(1.0 \mathrm{~m} / \mathrm{s}^{2}\) until it...
-
Edna Recording Studios, Inc., reported earnings available to common stock of $4,200,000 last year. From those earnings, the company paid a dividend of $1.26 on each of its 1,000,000 common shares...
-
Assume the export price of a Nissan car from Japan is Yen 3,000,000. The exchange rate is Yen 122.00/$. A forecast on inflation in the USA is 2% and 0% in Japan per annum. Assuming purchasing power...
-
The Wellington Drama Club has 120 members. The annual subscription is $20 per member. Subscriptions not paid in one year are written off if not paid by the end of the next year. The Club presents two...
-
Name all of the state and national parks or wilderness areas located within one days drive of your home. How many of these have you visited? Of all the biomes mentioned, how many have you traveled...
-
1. Why do you think Marissa Mayer adopted a more centralized and bureaucratic approach by bringing all employees on-site to work at Yahoo? 2. Why do you think many employees resisted this change? 3....
-
All ODEs have something in common and we would like to abstract this commonalities into an abstract representation of an ODE which should capture the essence of what it means to be an ODE. This is...
-
4. Study the equations for the two air pollution indices and answer the questions. Air Pollution Index (before 2013) 5 pollutants are included in the calculation of the Air Pollution Index (API)....
-
Start from the original contribution margin statement. The Marketing Department would like to run a special promotion to increase sales in the grocery stores in the Southern region. They believe that...
-
1. Draw the schematic diagram of the given engine with appropriate station numbering and the corresponding thermodynamic cycle in p-v and T-S coordinate systems 2. Calculate all the thermodynamic...
-
Suppose we have the following two-player game: Player A Top Bottom 3 -17 Left -5 -2 Player B -7 12 A Determine the equilibrium level of production for each firm (4-42). B. Determine the equilibrium...
-
Refer to Apples financial statements in Appendix A to answer the following. Required 1. Assume that the amounts reported for inventories and cost of sales reflect items purchased in a form ready for...
-
a. Determine the domain and range of the following functions.b. Graph each function using a graphing utility. Be sure to experiment with the window and orientation to give the best perspective of the...
-
Do you think that people give primarily for altruistic reasons or in order to receive benefits for themselves, including warm feelings, recognition, and social approval? Might the motivations differ...
-
Some people argue that donors should receive a more generous tax deduction for gifts to organizations that serve the poor, such as homeless shelters, than they receive for gifts to institutions that...
-
If a friend asks you to sponsor his or her participation in a charity event, such as a run or walk, do you usually give a positive response or not? Why? Would your response be different if that...
-
Boots Plus has two product lines: Hiking boots and Fashion boots. Income statement data for the most recent year follow: Total Hiking Fashion Sales revenue $480,000 $340,000 $140,000 Variable...
-
The bike you have been saving for is discounted 20%. You have $400 saved to purchase it. The original, non-discounted price of the bike is $450. There is a 5.71% sales tax added to the price of the...
-
Olongapo Sports Corporation distributes two premium golf balls-Flight Dynamic and Sure Shot. Monthly sales and the contribution margin ratios for the two products follow: Sales CM ratio Product...
Study smarter with the SolutionInn App