•As a business person or politician, assume you are talking to your staff. Provide three reasons they should use the highest-quality sources when developing persuasive papers for the public and clients

explain briefly how each of the following transaction would affect a company's balance sheet. (Remember, assets must equal liabilities plus owners' equity before and after the transaction.) A. Sale of used equipment with a book value of $300,000 for $500,000 cash. B. Purchase of a new...

Cash Flow From Investing Activities---Describe a transaction that would be reflected here and explain why this transaction is treated as such on the statement of cash flows. Are there any accounts that are impacted by investing activities that would appear somewhere else on the cash flow statement?

Could someone please help me out? I need to record a transaction for receiving $70,000 for the sale of 50,000 shares of $1 par value common stock. Would I record this as a debit to cash for the 70,000, then a credit to common stock for 50,000 and a 20,000 credit to premium on common stock? ...