An analysis of the transactions made by S. Moses & Co., a certified public accou

Question

An analysis of the transactions made by S. Moses & Co., a certified public accounting firm, for the month of August is shown below. Each increase and decrease in stockholder's equity is explained.






Cash

+

Accounts
Receivable

+

Supplies

+

Office
Equipment

=

Accounts
Payable

+

Stockholder's Equity



1.

+$15,000



















+$15,000

Investment



2.

-2,000











+$5,000



+$3,000









3.

-750







+$750

















4.

+4,600



+$3,700















+8,300

Service Revenue



5.

-1,500















-1,500









6.

-2,000



















-2,000

Dividends



7.

-650



















-650

Rent Expense



8.

+450



-450





















9.

-4,900



















-4,900

Salaries Expense



10.

















+500



-500

Utilities Expense

Explanation / Answer

I don't see any question though, please post andI would be glad to assist.

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.