2013年10月4日星期五

Accounting problems pls help?

  • military cash advance
  • foreign transaction fee
  • what is equity
1- Arabia corporation received cash of $18,000 on August 1 ,2013 for one year's rent in advance and recorded the transaction with a credit to rent revenue .

the December 31,2013 adjusting entry is with calculation


2- etisalat company recorded journal entries for the payment of 50.000 of dividends the 32.000 increase in account receivable for service rendered and the purchase for equipment for 21.000 what net effect do these entries to owner's equity ?!

Accounting problems pls help?

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