Question: ockholders' equity by inserting+for increase and1 Answers For SE Scoring Received cash from owner as original investment 1. Received cash for services provided (sold) 2.
ockholders' equity by inserting+for increase and1 Answers For SE Scoring Received cash from owner as original investment 1. Received cash for services provided (sold) 2. Purchased equipment for cash 3. Paid utilities for month 4. Paid creditors on account 5. Received cash for services provided to cash customers 6. Purchased land by signing a nine-month, non-interest-bearing note 0. 2. 5. 7. Charged customers for service provided on account 8. Paid cash for miscellaneous expenses 7. incurred. 10. 11. 12. Paid the balance of the non-interest-bearing note payabl Purchased office supplies on account Paid cash to stockholders for dividends Recorded cost of supplies used during the month 10. 12. NOTE: Each "+"o'-' is assigned a weight of 2%. FILL-IN-THE-BLANK PRINCIPLES AND TERMINOLOGY-52% INSTRUCTIONS: Answer the following questions or complete the statements by writing the appropriate words or ounts in the Answers column. For AnswersS QUESTIONS/STATEMENTS 0. A business entity owned by two or more individuals is referred to as a.... 1. A business that changes basic inputs into products is called a(n) 2. The most common form of business entity is a(n) 3. If revenues exceed expenses, the difference is called 4. The resources owned by a business are called. 5. The owner of capital stock in a corporation is called a(n partnership 0. 2. 3
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