Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Lita lopez started biz consulting net income

03/05/2021 Client: muhammad11 Deadline: 2 Day

Lita Lopez started Biz Consulting, a new business, and completed the following transactions during its first year of operations.

a. Lita Lopez invests $70,000 cash and office equipment valued at $10,000 in the company.

b. The company purchased a $150,000 building to use as an office. Biz Consulting paid $20,000 in cash and signed a note payable promising to pay the $130,000 balance over the next 10 years.

c. The company purchased office equipment for $15,000 cash.

d. The company purchased $1,200 of office supplies and $1,700 of office equipment on credit.

e. The company paid a local newspaper $500 cash for printing an announcement of the office’s opening.

f. The company completed a financial plan for a client and billed that client $2,800 for the service.

g. The company designed a financial plan for another client and immediately collected a $4,000 cash fee.

h. Lita Lopez withdrew $3,275 cash from the company for personal use.

i. The company received $1,800 cash as partial payment from the client described in transaction f.

j. The company made a partial payment of $700 cash on the equipment purchased in transaction d.

k. The company paid $1,800 cash for the office secretary’s wages for this period.

Required

1. Create a table like the one in Exhibit 1.9, using the following headings for the columns: Cash; Accounts Receivable; Office Supplies; Office Equipment; Building; Accounts Payable; Notes Payable; L. Lopez, Capital; L. Lopez, Withdrawals; Revenues; and Expenses.

2. Use additions and subtractions within the table created in part 1 to show the dollar effects of each transaction on individual items of the accounting equation. Show new balances after each transaction.

3. Once you have completed the table, determine the company’s net income.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Accounting & Finance Mentor
Smart Accountants
24/7 Assignment Help
Coursework Assignment Help
A Grade Exams
Quick Finance Master
Writer Writer Name Offer Chat
Accounting & Finance Mentor

ONLINE

Accounting & Finance Mentor

I am known as Unrivaled Quality, Written to Standard, providing Plagiarism-free woork, and Always on Time

$103 Chat With Writer
Smart Accountants

ONLINE

Smart Accountants

I have read your project details. I can do this within your deadline.

$63 Chat With Writer
24/7 Assignment Help

ONLINE

24/7 Assignment Help

I will cover all the points which you have mentioned in your project details.

$74 Chat With Writer
Coursework Assignment Help

ONLINE

Coursework Assignment Help

Hello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism

$83 Chat With Writer
A Grade Exams

ONLINE

A Grade Exams

I will cover all the points which you have mentioned in your project details.

$29 Chat With Writer
Quick Finance Master

ONLINE

Quick Finance Master

I have read your project details. I can do this within your deadline.

$102 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Compare and contrast piaget and bruner - Smart response pe clickers - Eric schlosser kid kustomers - Essay - Laurence jackson school teachers - Quotes that show othello is respected - History - Engage le cordon bleu - Lovability book robert holden pdf - Art analysis paper - Campbell street primary school - Presentation essay - Media literacy 9th edition potter pdf free - Who is pavel in the boy in the striped pajamas - The elements of moral philosophy 9th pdf - Double take licensing model - 1101 sequence detector state diagram - Relocation of tata nano manufacturing plant case study - Socw 6456 - Fsra tier 2 accreditation meaning - Judgment ps4 gold tuna cat food - Four operating models enterprise architecture - Inventive thinking through triz - Annotated Bibliography - Social psychology 10th edition aronson pdf - Loreal american corporation purchased several - Response to literature essay - Visualisation for Decision-making - Disposition essay gcu - Silkair forward zone seat - Writ of replevin philippines - Army training centre pirbright - Plymouth university residence life - Mark riordan wollongong city council - Kinetic study of an iodine clock reaction - Strategic Planning - Chin chin china chip chop chop poem - The power of effective speaking - Windhoek mines ltd of namibia is contemplating - Alignment of HRM and Business Strategies - Zachary's clc world menu - Novel in tagalog meaning - Hale and dorr case study - Mission statement of toms shoes - Cardinal ig fargo north dakota - Nursing- evidence based - CHRISTIAN SERVANT LEADERS - Indica los mandatos familiares afirmativos y negativos de estos verbos - AIS project - Contour representation of landforms - Affective events theory example - Innovation in healthcare using blockchain technology - Examples of personal troubles and public issues sociology - The muffin house produces and sells a variety of muffins. the selling price per dozen is - CSIA 300 Week 4 discussion - Compute the price of a percent coupon bond - Is SpeedyPaper Legit: Evaluating the Credibility of an Academic Essay Help Service - Disney parks and resorts strategy - In an oscillating lc circuit the maximum charge - Anil shinghal death dallas tx - 2 part essay , very detailed. - Business ethics - Advocacy - Big Data Analytics In Organization - Aladdin micro lunch bowl instructions - Statistics chapter 5 practice finding outliers worksheet answers - Complex number conjugate rules - What is written on the ashes urn - Trade discount word problems - Https ktt key com ktt cmd logon - History Discussion - Suma farm cat hotel - Branch office network diagram - Provides a quantitative summary of a company's assets - Culture in Nursing DQ 2 week 5 - Evidence based practice - Half wave rectifier ppt - Communication Ethics Question - Pet shop mt colah - Controlled substances act of 1970 - Figurative language in the song happy - Molly wallace valedictory address - Assignment 1 - Explain the difference between lan and wan firewall rules - David wynn miller in court - Booker t washington and web dubois similarities - Critical Thinking 2 - Climate change 2007 the physical science basis - Disturbed personal identity nursing care plan - Cisco callmanager attendant console - Branches of science crossword puzzle - Information governance failures - Www.police clearance online fiji - Fundamentals of english grammar 4th edition answer key - FIN 100 - Uts harvard referencing pdf - Hog bristle quarter antique white usa - One advantage of corporate ownership of amy's ice cream is: - Sodium benzoate test paper use - Mode $06 reference chart