Examlex
Selected transactions for Mountain Goats Tree Service are listed below.
1. Made cash investment to start business.
2. Paid for monthly advertising.
3. Purchased supplies on account.
4. Billed customers for services performed.
5. Withdrew cash for owner's personal use.
6. Received cash from customers billed in (4).
7. Incurred utilities expense on account.
8. Purchased additional supplies for cash.
9. Received cash from customers when service was performed.
Instructions
List the numbers of the above transactions and describe the effect of each transaction on assets
liabilities and owner's equity. For example the first answer is: (1) Increase in assets and increase in owner's equity.
Pyramidal
Referring to a structure, cell, or organization shaped like a pyramid, often used in describing certain brain cells or hierarchical systems.
Olfactory
Pertains to the sense of smell.
Myelin Sheath
A layer of fat cells that encases and insulates most axons.
Dendrite
Extensions of neurons that receive signals from other neurons, playing a crucial role in the transmission of neural information.
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