The Boxwood Company sells blankets for $32 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Date Blankets Units Cost May 3 Purchas... Read full topic
Donner Company is selling a piece of land adjacent to its business premises. An appraisal reported the market value of the land to be $85,924. The Focus Company initially offered to buy the land for $... Read full topic
$Stellar is an open-source and decentralized multi-currency payment protocol. Stellar transactions are processed in 6 seconds at a minimal cost to the sender. Stellar facilities cross-border transact... Read full topic
How does receiving a bill to be paid next month for services received affect the accounting equation? a.liabilities increase; stockholders' equity decreases b.liabilities increase; stockholders' equit... Read full topic
The assets and liabilities of a company are $88,887 and $46,424, respectively. Stockholders' equity should equal a.$88,887 b.$46,424 c.$42,463 d.$135,311 ... Read full topic
The following lots of Commodity Z were available for sale during the year. Beginning inventory 7 units at $49 First purchase 18 units at $51 Second purchase 24 units at $59 Third purchase 18 units at ... Read full topic
$LTC is a peer-to-peer cryptocurrency that enables quick transactions at a low cost. Charlie Lee founded Litecoin in 2011 after his experience as a Bitcoin miner. Litecoin shares many similarities to... Read full topic
$BATUSD is an ERC20 token and the utility token of the Brave web browser ecosystem. Brendan Eich and Brian Bondy created the Brave browser and Basic Attention Token. Brendan Eich is known for inventi... Read full topic
The Boxwood Company sells blankets for $34 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Date Blankets Units Cost May 3 Purch... Read full topic
$DogeCoin is an open-source cryptocurrency. It derives its name from the Shiba Inu meme. Dogecoin was created in 2013 by Billy Markus and Jackson Palmer. Dogecoin has become widely popular with retai... Read full topic
$ETC is a Proof-of-Work and open-source blockchain network that enables the execution of smart contracts. Ethereum Classic can support decentralized applications and decentralized finance. Ethereum ... Read full topic
Balance Sheets, Net Income Financial information related to the corporation of Ebony Interiors for February and March 2018 is as follows: February 28, 2018 March 31, 2018 Cash 214,900 364,800 ... Read full topic
Computer Corporation is starting its computer programming business and has sold stock of $15,000. Identify how the accounting equation will be affected. a.increase in assets (Cash) and increase in sto... Read full topic
Donner Company is selling a piece of land adjacent to its business premises. An appraisal reported the market value of the land to be $90,263. The Focus Company initially offered to buy the land for $... Read full topic
As of the end of its accounting period, December 31, Year 1, Great Plains Company has assets of $927,108 and liabilities of $267,206. During Year 2, stockholders invested an additional $28,884 and rec... Read full topic
$ETH is the world’s first open-source blockchain network that enables the execution of smart contracts. The network supports decentralized applications and decentralized finance. It can produce non-f... Read full topic
The inventory data for an item for November are: Nov. 1 Inventory 23 units at $19 4 Sold 11 units 10 Purchased 32 units at $23 17 Sold 24 units 30 Purchased 21 units at $22 Using a perpetual syst... Read full topic
If total liabilities decreased by $26,081 during a period of time and stockholders' equity increased by $33,567 during the same period, the amount and direction (increase or decrease) of the period's ... Read full topic
$BCH is an open-source and decentralized peer-to-peer payment network. Bitcoin Cash results from a hard fork in 2017 stemming from a disagreement among groups of Bitcoin miners about the block size l... Read full topic
If total liabilities decreased by $27,741 during a period of time and stockholders' equity increased by $30,186 during the same period, the amount and direction (increase or decrease) of the period's ... Read full topic
The Boxwood Company sells blankets for $40 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Date Blankets Units Cost May 3 Purch... Read full topic
$Chainlink is an ER C20 token and the utility token of the Chainlink network. Chainlink was founded in 2014 by Sergey Nazarov and is the world’s largest decentralized oracle network. Chainlink’s focu... Read full topic
$Algorand is a pure proof-of-stake blockchain and provides high-speed transactions at a low cost. It also supports smart contract execution. Algorand was created by Silvio Micali who is a computer sc... Read full topic
$Uniswap Protocol Token is the governance token of the Uniswap decentralized exchange, which is currently the world's largest decentralized cryptocurrency exchange. UNI token holders influence the de... Read full topic
If total assets decreased by $48,119 during a period of time and stockholders' equity increased by $29,032 during the same period, then the amount and direction (increase or decrease) of the period's ... Read full topic
$DASH is an open-source and decentralized cryptocurrency focused on providing quick transactions at a low cost. DASH was founded in 2014 by Evan Duffield and Kyle Hagan. DASH’s blockchain uses a modi... Read full topic
$BITCOIN is an open-source and decentralized peer-to-peer payment network. It is the world’s first cryptocurrency that emerged in 2009. Bitcoin remains the most dominant cryptocurrency by market capi... Read full topic
The assets and liabilities of a company are $89,027 and $47,618, respectively. Stockholders' equity should equal a.$47,618 b.$41,409 c.$89,027 d.$136,645 ... Read full topic
$Cardano is an open-source and Proof-of-Stake blockchain platform. Cardano enables smart contract execution and is known for its peer-reviewed research development process. It was created in 2017 by ... Read full topic
Land, originally purchased for $27,289, is sold for $74,668 in cash. What is the effect of the sale on the accounting equation? a.assets increase by $18,465; no change in liabilities; stockholders' eq... Read full topic
