D. C. Dawg Transactions

Essay specific features

 

Issue:

Business

 

Written by:

Wanda R

 

Date added:

February 16, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 553

 

Was viewed:

6081 times

 

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Essay content:

The owner, D. C. Dog invests $6,000 cash to start the business. Assets = Liabilities + Owner's Equity Cash Capital + $6,000 + $6,000 2. March 1, $2,000 is borrowed form the bank. It is a one year with 12% interest, the note is payable by February 28 of the following year. This repayment includes principal and interest...
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This repayment includes principal and interest. Assets = Liabilities + Owner's Equity Cash Notes Payable D. C. Dawg, Capital +$6,000 +$6,000 +$2,000 +$2,000 $8,000 = $2,000 + $6,000 3. Revenue from sales $900 Assets = Liabilities + Owner's Equity Cash Notes payable D. C. Dawg, Capital +$6,000 $6,000 +$2,000 $2,000 Revenue Revenue +$900 +$900 $8,900 = $2,000 + $6,900 4...
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