At September 1, the Balance Sheet Accounts for Stanley's Restaurant

question 218

Essay

At September 1, the balance sheet accounts for Stanley's Restaurant were as follows: The following transactions occurred during the next two days:
The company issued additional shares of stock for $22,000 cash in the business. The accounts payable were paid in full. (No payment was made on the notes payable.)
Instructions
Prepare a balance sheet at September 1, 2018.

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Definitions:

Two-factor Theory

A psychological theory that suggests job satisfaction and dissatisfaction arise from two distinct sets of factors: hygiene factors and motivators.

Job Satisfaction

The level of contentment employees feel with their job, which can affect their performance, attitude, and motivation.

Advancement

Progress or promotion to a higher rank or position.

Need for Achievement

A psychological trait that drives individuals to pursue and attain goals.