This topic contains a solution. Click here to go to the answer

Author Question: The outputs from a manual or an electronic payroll accounting system include all of the following ... (Read 113 times)

stephzh

  • Hero Member
  • *****
  • Posts: 556
The outputs from a manual or an electronic payroll accounting system include all of the following EXCEPT
 a. payroll checks.
   b. a payroll register.
   c. an employee earnings record.
   d. time cards.

Question 2

Analyze each of the following cash transactions and show the effect of each transaction on the accounting equation by writing the dollar amounts and account titles in the appropriate columns.
 
  If amount is negative put the amount in () or put a - in front of the amount.
 
   Shareholders' equity
   Transaction Total assets Total liabilities Contributed capital Retained earnings
  a. Issued 10,000 of stock.
  b. Paid 11,000 for inventory.
  c. Paid 2,500 in advertising expense.
  d. Earned 18,000 in sales revenues.
  e. The cost of the goods sold in d. was 10,000.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

batool

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

d

Answer to Question 2

Shareholders' equity
Total
assets Total liabilities Contributed capital Retained earnings
a. 10,000 Cash 10,000 Common stock
b. (11,000) Cash
11,000 Inventory
c. (2,500) Cash (2,500) Adv. exp.
d. 18,000 Cash 18,000 Sales
e. (10,000) Inventory (10,000) Cost of goods sold




stephzh

  • Member
  • Posts: 556
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it


zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library