{"id":49559,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/analyzing-the-effect-of-transactions-2"},"modified":"2017-08-16T12:23:15","modified_gmt":"2017-08-16T12:23:15","slug":"analyzing-the-effect-of-transactions-2","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/analyzing-the-effect-of-transactions-2\/","title":{"rendered":"Analyzing the effect of transactions"},"content":{"rendered":"<p><b>Analyzing the Effect of Transactions<\/b><\/p>\n<ul>\n<li>\n<ul>\n<li>Due&nbsp; May 15, 11:59 PM<\/li>\n<li>Not Submitted<\/li>\n<li>POINTS&nbsp;9<\/li>\n<\/ul>\n<\/li>\n<li>\n<p>&nbsp;Practice\/Simulation\/Homework\/Game<\/p>\n<\/li>\n<li>no new messages<\/li>\n<\/ul>\n<p>Objectives:<\/p>\n<ul>\n<li>2.2<\/li>\n<\/ul>\n<ul>\n<li>Instructions<\/li>\n<li>Assignment Files<\/li>\n<li>Grading<\/li>\n<\/ul>\n<p><b>Purpose of Assignment<\/b><\/p>\n<p>The purpose of this assignment is to help you become familiar with examining transactions and how it affects the balance sheet.&nbsp;<\/p>\n<p><b>Assignment Steps<\/b><\/p>\n<p><b>Resources:&nbsp;<\/b>Financial Accounting: Tools for Business Decision Making<\/p>\n<p><b>Write<\/b>&nbsp;a minimum 150-word response to each of the following scenarios from Exercise E3-1 in&nbsp;Financial Accounting&nbsp;(p. 132) describing the effect of each transaction on assets, liabilities, and stockholder&#8217;s equity:<\/p>\n<ul>\n<li>Selected transactions for Thyme Advertising Company, Inc.\n<ul>\n<li>Issued common stock to investors in exchange for cash received from investors.<\/li>\n<li>Paid monthly rent.<\/li>\n<li>Received cash from customers when service was performed.<\/li>\n<li>Billed customers for services performed.<\/li>\n<li>Paid dividend to stockholders.<\/li>\n<li>Incurred advertising expense on account.<\/li>\n<li>Received cash from customers billed in (4).<\/li>\n<li>Purchased additional equipment for cash.<\/li>\n<li>Purchased equipment on account.&nbsp;<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Use<\/b>&nbsp;the Excel<b>\u00ae<\/b>&nbsp;spreadsheet to record your answers and&nbsp;<b>submit<\/b>&nbsp;with your responses.<\/p>\n<p><b>Click&nbsp;<\/b>the Assignment Files tab to submit your assignment.<\/p>\n<p><b>Materials<\/b><\/p>\n<ul>\n<li><a>Financial Accounting, Ch. 3: The Accounting Information System<\/a><\/li>\n<li><a>Analyzing the Effect of Transactions Grading Guide<\/a><\/li>\n<li><a>Week 2 Excel\u00ae Spreadsheet<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Analyzing the Effect of Transactions Due&nbsp; May 15, 11:59 PM Not Submitted POINTS&nbsp;9 &nbsp;Practice\/Simulation\/Homework\/Game no new messages Objectives: 2.2 Instructions Assignment Files Grading Purpose of Assignment The purpose of this assignment is to help you become familiar with examining transactions <a href=\"https:\/\/www.benedictsol.com\/blogs\/analyzing-the-effect-of-transactions-2\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-49559","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=49559"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/49559\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=49559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=49559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=49559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}