Chapter One Study Guide Accounting
Types of Businesses:
1. Service Provides a service
a. Transportation Fullington Buses
b. Entertainment Delgrossos Park
2. Merchandising Sells purchased products
a. General, music, books,
b. Retail (Walmart)
Sell off dancers for a night and have the date be bowling or going to the driving range
Butler/ Slave Auction
Sell off butler to high b
A. Owner places $4,500 of their own money in cash into business as a debit asset.
B. Owner credits assets $525for rent expenses.
C. Owner credits assets $98 for advertising expenses.
D. Owner credits $680 in liabilities for supplies.
E. Owner credits asse
Annual Project Report
ANNUAL REPORT PROJECT
Name of Company: Kohl's Department Stores, Inc.
Description of Business:
Industry the company is in: Kohl's Corporation is one of the largest discount department