jaceraulerson7249
05.08.2019 •
Business
It's been a few years since odor-free paint hit the market, and a paint manufacturer estimates the paint to be in the late growth/ early maturity stage of its product life cycle. with all the competition in the industry today, the manufacturer should use promotions that educate buyers of odor-free paint to purchase its brand over all others.
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Ответ:
1. Borrow $55,000 from a bank
Assets increase by $55,000Liabilities increase by $55,000No effect on equity2. Buy $14,000 worth of manufacturing supplies on credit
Assets increase by $14,000Liabilities increase by $14,000No effect on equity3. Pay $7,000 owed to a supplier
Assets decrease by $7,000Liabilities decrease by $7,000No effect on equity4. Receive payment of $12,000 owed by a customer
No effect on assetNo effect on liabilityNo effect on equity5. Issue $75,000 in stock
Assets increase by $75,000No effect on liability Equity increases by $75,0006. Purchase equipment for $44,000 in cash
No effect on assetNo effect on liabilityNo effect on equity7. Receive payment of $13,000 owed by a customer
No effect on assetNo effect on liabilityNo effect on equityNet change in assets = 55,000 + 14,000 - 7,000 + 75,000
= $137,000
Assets increased by $137,000