Record the following transactions in the basic accounting equation: 1. Gracie Ryan invests $17,000 cash to begin a real estate company. 2. The real estate company buys $600 of computer equipment from Walmart for cash. 3. The real estate company buys $800 of additional computer equipment on account from Best Buy Hint: use Assets = Liabilities + Owners’ Equity

After researching the different forms of business organization, Natalie Koebel decides to operate “Cookie Creations” as a corporation. She then starts the process of getting the business running. In November 2022, the following activities take place.   Nov.  8      Natalie cashes her U.S. Savings Bonds and receives $520, which she deposits in her personal bank account.           8      She opens a bank account under the name “Cookie Creations” and transfers $500 from her personal account to the new account in exchange for common stock.         11      Natalie pays $65 to have advertising brochures and posters printed. She plans to distribute these as opportunities arise. (Hint: Use Advertising Expense.)         13      She buys baking supplies, such as flour, sugar, butter, and chocolate chips, for $125 cash.         14      Natalie starts to gather some baking equipment to take with her when teaching the cookie classes. She has an excellent top-of-the-line food processor and mixer…

Give the effects of the following transactions on ASSETS, LIABILITIES, OWNER’S EQUITY, REVENUES, AND EXPENSES.

Jon Fulkerson a credit analyst at the True Credit bank, has received a credit application from Seether LLC, a private company. An abbreviation portion of the financial information provided by the company is shown below: Total Assets:$78000  EBIT:$8600 Net Working Capital:$3900 Book value of total equity:$23000  Accumulated retained earnings:$15000 Total Liabilities:$5500 What is the z-score for this company? 2. Which is the following statement about firms will have the most control over the selling price of its produce? A.Customized wine producer B. A low-end mobile phone producer C.A small-scale petrol station outlet D.A retail outlet E. A grape grower