The Following Transactions Represent Part of the Activities of Tigger

question 22

Essay

The following transactions represent part of the activities of Tigger Company for the first month of its existence. Indicate the effect of each transaction upon the total assets of the business by one of the following phrases: increased total assets, decreased total assets, or no change in total assets.
(a) Issued ordinary shares in exchange for cash.
(b) Purchased a computer for cash.
(c) Purchased office equipment with money borrowed from the bank.
(d) Paid the first month's utility bill.
(e) Collected an accounts receivable.
(f) Paid dividends.

---

Definitions:

Telephony

The technology that enables voice communication over distances, traditionally through the transmission of sound via phone lines but now also encompassing internet-based services.

Digital Signal

A signal that represents data as a sequence of discrete values; opposed to an analog signal's continuous range.

Plagiarism

The act of copying text or ideas from someone else and claiming them as your own.

Copyleft License

A type of copyright license that allows derivative works but requires them to be released under the same or compatible license terms.