For Each of the Following Events, Indicate the Amount by Which

question 81

Short Answer

For each of the following events, indicate the amount by which total assets increased or decreased.
a)Purchased $400 of supplies on account.
b)Earned $800 of revenue by performing a service for cash.
c)Received utilities bill for $500, to be paid in the following period.
d)Paid salaries to employees of $5,000.
e)Purchased equipment for $1,600 on account.
f)Purchased equipment for $5,000 cash.
g)Collected $475 from a customer on an account receivable.
h)Performed $3,000 of services on account.

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Definitions:

Better Beginnings

A program or initiative designed to enhance the developmental, educational, and social outcomes of children.

Better Futures

A concept or initiative aimed at enhancing prospects and opportunities for improved conditions in life, often through education or sustainable development.

Universal

Pertaining to or affecting all members within a given group or category without exception; applicable everywhere or in all cases.

Primary Prevention

Actions taken to prevent the onset of disease or injury before it occurs, by removing or reducing disease risk factors.