Davis Company opened a Web page design business on January 1 of the aurren t year. The following information relates to Davis Company's operations during t he current year: On February 1, Davis Company rented a new office. Before moving in, it prepaid a year's rent of Rs. 24,000 cash. On March 31, Davis Company borrowed Rs. 50,000 from a local bank at 15%. T he loan is to be repaid, with interest, after one year. As of December 31, no intere st payments had yet been made. 3. Q.5 (20) 1. 2. Davis Company bills some of its customers in advance for its design services. D uring the year, Davis received Rs. 60,000 cash in advance from its customers. A s of December 31, Davis's accountant determined that 40% of that amount had not yet been earned. On June 15, Davis Company purchased Rs. 1,400 of supplies for cash. On Septe mber 14, Davis made another cash purchase of Rs. 1,100. As of December 31, D avis's accountant determined that Rs. 1,700 of supplies had been used during t he year. Before closing its books, Davis Company found a bill for Rs. 800 from a freelanc e programmer who had done work for the company in November. Davis had not yet recorded anything in its books with respect to this bill. Davis plans to pay the 4. 5. bill in January of next year. For each of the items, make the initial entry, where appropriate, to record the t ransaction and, if necessary, the adjusting entry at December 31
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Answer:
Climbing a mountain often takes months or years of hard work, both from actually climbing it and from getting ready to do it.
Creating or marketing a successful business is very similar. It takes years of hard work to learn, experiment and practice on the way to success.
Most of the articles that I write on my blogs are catered towards intermediate to experienced marketers and those with a business website.
But that’s not fair.
Every once in awhile, I get an email from a reader (yes, I do read them all), where they tell me that they loved an article I just published – I love that. But, they tell me that most of the content goes way over their head.
Sometimes, I forget about those readers who are preparing to take their first steps up the marketing mountain, some who only have their first domain name registrar confirmation. Many are trying to decipher how to use a website template.
If you’re one of those readers: I’m sorry. But today, hopefully, I can make it up to you. I realize you aren’t a website builder, nor do you understand web design.
The most common question I get from beginner readers is along the lines of: “how do I get a website up and running so that I can start testing marketing tactics?”
It’s a great question. And, it’s one that deserves an answer.
Today, I’m going to go through the process of getting a website up and running from scratch. I’ve broken it down into clear steps and I have tried to make things as simple as possible. Everything from a site builder, perhaps using a website template to web design and using social media to develop your new business website.
Ready? Let’s go…
Answer:
Davis Company opened a Web page design business on January 1 of the aurren t year. The following information relates to Davis Company's operations during t he current year: On February 1, Davis Company rented a new office. Before moving in, it prepaid a year's rent of Rs. 24,000 cash. On March 31, Davis Company borrowed Rs. 50,000 from a local bank at 15%. T he loan is to be repaid, with interest, after one year. As of December 31, no intere st payments had yet been made. 3. Q.5 (20) 1. 2. Davis Company bills some of its customers in advance for its design services. D uring the year, Davis received Rs. 60,000 cash in advance from its customers. A s of December 31, Davis's accountant determined that 40% of that amount had not yet been earned. On June 15, Davis Company purchased Rs. 1,400 of supplies for cash. On Septe mber 14, Davis made another cash purchase of Rs. 1,100. As of December 31, D avis's accountant determined that Rs. 1,700 of supplies had been used during t he year. Before closing its books, Davis Company found a bill for Rs. 800 from a freelanc e programmer who had done work for the company in November. Davis had not yet recorded anything in its books with respect to this bill. Davis plans to pay the 4. 5. bill in January of next year. For each of the items, make the initial entry, where appropriate, to record the t ransaction and, if necessary, the adjusting entry at December 31
Explanation:
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