Examlex

Solved

The Accounts with Their Respective Balances for Dom's Delivery Service

question 21

Essay

The accounts with their respective balances for Dom's Delivery Service as of June 1 are given below. All accounts have normal balances.  Cash $23,350 Accounts Receivable 14,600 Dominic Goggin, Capital 64,300 Supplies 450 Dominic Goggin, Drawing 0 Delivery Fees Income 0 Office Equipment 12,800 Rent Expense 0 Delivery Equipment 20,000 Salaries Expense 0 Accounts Payable 6,900 Utilities Expense 0 Advertising Expense 0\begin{array} { l r l r } \text { Cash } & \$ 23,350 & & \\\text { Accounts Receivable } & 14,600 & \text { Dominic Goggin, Capital } & 64,300 \\\text { Supplies } & 450 & \text { Dominic Goggin, Drawing } & - 0 - \\& & \text { Delivery Fees Income } & - 0 - \\\text { Office Equipment } & 12,800 & \text { Rent Expense } & - 0 - \\\text { Delivery Equipment } & 20,000 & \text { Salaries Expense } & - 0 - \\\text { Accounts Payable } & 6,900 & \text { Utilities Expense } & - 0 - \\& & \text { Advertising Expense } & - 0 -\end{array} Dom's had the following transactions during the month of June.
a. Paid rent for June, $1,000
b. Dominic Goggin withdrew $4,500 from the business for personal use
c. Performed services for $4,000 in cash
d. Performed services for $22,750 on credit
e. Received $12,000 from credit customers on account
f. Paid the administrative assistant salary of $2,000 and delivery service messenger/driver salary of $3,000 for the month by check
g. Paid the electric and phone bills by check for a total of $600
h. Paid creditors $6,000 on account
i. Purchased $7,500 in supplies on account.
j. Paid $1,800 cash for advertising in the local newspaper in June
-Using the information shown, create Chart of Accounts numbers for the accounts given for Dom's Delivery Service.

Identify the ethical considerations in forensic evaluations and the primary obligations of counselors in these contexts.
Understand the importance of informed consent in the counseling process and what it should cover.
Understand the legal framework governing the counseling profession in the United States.
Understand the concept and challenges of creating culture-free tests, particularly in the field of intelligence testing.

Definitions:

Cognitive Processes

Mental activities involved in acquiring, storing, retrieving, and using information, including perception, memory, reasoning, and problem solving.

Learning

The process of acquiring new, or modifying existing, knowledge, behaviors, skills, values, or preferences through study, experience, or teaching.

Instinct

is an innate, typically fixed pattern of behavior in animals in response to certain stimuli.

Herbert Spencer

A 19th-century English philosopher, biologist, and sociologist who contributed to the development of social Darwinism, emphasizing survival of the fittest in human society.

Related Questions