asting Crown Construction entered into the following transactions during a recent year: 2 Purchased a bulldozer for $238,000 by paying $21,900 cash and signing a $216, 100 note. 3 Replaced the steel tracks on the bulidozer at a cost of $23,800, purchased on account. January January January 30 Wrote a cheque for the amount oved on account for the work conpleted on January 3. February 1 Replaced the seat on the bulldozer and wrote a cheque for the full $1, 550 cost. March 1 Paid $13, 800 cash for the rights to use computer softvare for a tvo-year period. equired: a. Analyze the accounting equation effects. (Enter any decreases to accounts with a minus sign.)
asting Crown Construction entered into the following transactions during a recent year: 2 Purchased a bulldozer for $238,000 by paying $21,900 cash and signing a $216, 100 note. 3 Replaced the steel tracks on the bulidozer at a cost of $23,800, purchased on account. January January January 30 Wrote a cheque for the amount oved on account for the work conpleted on January 3. February 1 Replaced the seat on the bulldozer and wrote a cheque for the full $1, 550 cost. March 1 Paid $13, 800 cash for the rights to use computer softvare for a tvo-year period. equired: a. Analyze the accounting equation effects. (Enter any decreases to accounts with a minus sign.)
Chapter1: Financial Statements And Business Decisions
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asting Crown Construction entered into the following transactions during a recent year:
2 Purchased a bulldozer for $238,000 by paying $21,900 cash and signing a $216, 100 note.
3 Replaced the steel tracks on the bulldozer at a cost of $23,800, purchased on account.
January
January
January 30 Wrote a cheque for the amount oved on account for the work conpleted on January 3.
February 1 Replaced the seat on the bulldozer and wrote a cheque for the full $1, 550 cont.
March
1 Paid $13,800 cash for the rights to use computer software for a tvo-year period.
equired:
a. Analyze the accounting equation effects. (Enter any decreases to accounts with a minus sign.)
Date
Assets
Liabilites
Shareholder's E
Jan. 2
Jan, 3
Jan. 30
Feb. 1
Mar. 1
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