subject
Business, 29.01.2020 03:52 markusovaevelyn532

M. e. carter launched carter company, a professional services firm on march 1. the firm will prepare financial statements at each month-end. in march (its first month), carter executed the following transactions. a. carter (owner) invested in the company $300,000 cash and $60,000 in property and equipment. the company issued common stock to carter. b. the company paid $9,600 cash for rent of office furnishings and facilities for march. c. the company performed services for clients and immediately received $12,000 cash earned. d. the company performed services for clients and sent a bill for $72,000 with payment due within 60 days. e. the company compensated an office employee with $14,400 cash as salary for march. f. the company received $30,000 cash as partial payment on the amount owed from clients in transaction d. g. the company paid $2,805 cash in dividends to carter (owner). prepare an income statement for carter company for the month of march. do not use negative signs with your answers unless to indicate a net loss. carter company income statement for the month ended march 31 sale revenue answer 0 expenses rent expense answer 0 wage expense answer 0 answer 0 net income (loss) answer 0

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:20
Look at this check register. calculate the current balance. check date transaction (+) deposit balance 5/1 5/3 $82.92 debit 8.00 78.24 005 monthly fee phone bill paycheck 1 125.00 5/15 5/17 5/20 atm 40.00 56.50 006 t ennis lessons the current balance is?
Answers: 1
question
Business, 22.06.2019 16:50
According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses
Answers: 2
question
Business, 23.06.2019 18:30
Jenna is saving for a sound system. while she is saving for her system, she finds the speakers for her system on sale for a good price and buys them. at the same time, mark is saving up to by a big-screen television. he sees some movies on sale and decides to buy them so that he can watch them on his new television when he buys it. which of the following statements best describes jenna's and mark's actions?
Answers: 1
question
Business, 23.06.2019 20:00
In the united states, the most common form of business is the and the form of business that generates most of the sales and profits is the
Answers: 1
You know the right answer?
M. e. carter launched carter company, a professional services firm on march 1. the firm will prepare...
Questions
question
Mathematics, 17.05.2021 07:00
question
History, 17.05.2021 07:00
question
Mathematics, 17.05.2021 07:00
question
Mathematics, 17.05.2021 07:00
question
Mathematics, 17.05.2021 07:00
Questions on the website: 13722360