please see attached - thank you in advance a. Received cash of $10,000 from owner and gaveсapital.b. Earned video rental revenue on account,$2,800.c. Purchased office furniture on account, $300.d. Received cash on account, $400.e. Paid cash on account, $100.f. Rented videos and received cash of $200.g. Paid monthly office rent of $1,000.h. Paid $100 cash to purchase office supplies. Indicate the effects of the following business transactions on the accounting equation of Vivian's Online Video store. Use the following accounts: Cash; Accounts Receivable; Office Supplies; Office Furniture, Accounts Payable; Vivian, Capital; Vivian, Withdrawals; Rental Revenue; and RentExpense. Transaction (a) is answered as a guide.A (Click the icon to view the transactions.)a. Received cash of $10,000 from owner and gave capital.Increase asset(Cash)Increase equity(Vivian, Capital)а.b. Earned video rental revenue on account, $2,800.b.c. Purchased office furniture on account, $300.C.d. Received cash on account, $400.d.e. Paid cash on account, $100.е.f. Rented videos and received cash of $200.f.g. Paid monthly office rent of $1,000.g.h. Paid $100 cash to purchase office supplies.h.

Accounting equation is referred to the first step of an accounting cycle. It represents that the…

a. Received cash of $10,000 from owner and gave сapital. b. Earned video rental revenue on account, $2,800. c. Purchased office furniture on account, $300. d. Received cash on account, $400. e. Paid cash on account, $100. f. Rented videos and received cash of $200. g. Paid monthly office rent of $1,000. h. Paid $100 cash to purchase office supplies.

a. Received cash of $10,000 from owner and gave сapital. b. Earned video rental revenue on account, $2,800. c. Purchased office furniture on account, $300. d. Received cash on account, $400. e. Paid cash on account, $100. f. Rented videos and received cash of $200. g. Paid monthly office rent of $1,000. h. Paid $100 cash to purchase office supplies.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

create a journal entry in the proper format
1. What are the different BIR forms and describe and identify the deadline for submission of each form. Explain all please, don't answer short and don't plagiarize please, thank you
I need an example of filling out a journal for Payment of interest
Could I see the journal entries please?
Please read through the questions parts 2 and 3 is asking for journal entry. The rest are fill ins.
Define Gift card.
Define purchase allowance
What is a 'bonus share'? Give the journal entries required at the date of a bonus issue
Please give the Rectified entries
What is an invoice extension and how is it calculated?
What are the journal entries for recording a promissory note?