. Determine the missing amount for each of the following: ASSETS = LIABILITIES + STOCKHOLDERS’ EQUITY A. $ = $50,000 + $63,500 B. $85,000 = $ + $20,575 C. $210,000 = $195,200 + $ D. $52,500 = $ + $15,800 A. B. C. D.

. Determine the missing amount for each of the following: ASSETS = LIABILITIES + STOCKHOLDERS’ EQUITY A. $ = $50,000 + $63,500 B. $85,000 = $ + $20,575 C. $210,000 = $195,200 + $ D. $52,500 = $ + $15,800 A. B. C. D.

Name: Q2. Determine the missing amount for each of the following: ASSETS=LIA
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Q2. Determine the missing amount for each of the following: ASSETS=LIABILITIES+STOCKHOLDERS’ EQUITYA.$=$50,000+$63,500B.$85,000=$+$20,575C.$210,000=$195,200+$D.$52,500=$+$15,800 A. B.C. D.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter1: The Role Of Accounting In Business

Section: Chapter Questions

Problem 4SEQ: If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity...

See similar textbooks

Similar questions

Net income and dividends The income statement of a corporation for the month of February indicates a net income of $32,000. During the same period, $40,000 in cash dividends were paid. Would it be correct to say that the business Incurred a net loss of $8000 during the month? Discuss.
If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity is: A. $32,000. B. $(32,000). C. $(8000). D. $8,000.
Determine the missing amounts. (Hint: For example, to solve for (a), Assets – Liabilities = Stockholders’ Equity = $35,000.) Ayayai Company Kingbird Company Michelangelo Company Raphael CompanyJanuary 1, 2019 Assets $ 105,000 $154,000 $ (g) $210,000 Liabilities 70,000 (d) 105,000 (j)Stockholders’ equity (a) 84,000 63,000 140,000 December 31, 2019 Assets (b) 191,800 280,000 (k)Liabilities 77,000 105,000 (h) 112,000 Stockholders’ equity 56,000 (e) 182,000 196,000 Stockholders’ equity changes in year Additional investment (c) 21,000 14,000 21,000 Dividends 14,000 (f) 19,600 14,000 Total revenues 490,000 588,000 (i) 700,000 Total expenses 462,000 539,000 478,800 (l)
PLS HELP ASAP The balance sheet of Sunrise Company shows that capital P360,000 is equal to ⅓ of its total assets. How much is total liabilities? a. P480,000 b. P720,000 c. P1,080,000 d. P120,000
Assume that a company has current assets of R60 000, current liabilities of R5 000 and prepaid expenses of R5 000. Calculate the quick ratio of the company? Select one: a. 1.86 b. 0.58 c. 1.71 d. 12
BE1-4 Use the accounting equation to answer each of the following questions.(a) The liabilities of Alli Company Ltd. are £90,000. Share capital—ordinary is £150,000; dividends are £40,000; revenues, £450,000; and expenses, £320,000. What is the amount of Alli Company Ltd.’s total assets?
1. If total assets is P 50,000 and 2/3 of which is total liabilities, how much is the equity? 2. If total assets is P 87,750 and it is 135% of equity, how much is the total liabilities? 3. If total liabilities is twice the amount of equity and equity is P 46,000, how much is the totalassets? 4. If equity is 4/5 of liabilities and total assets is P 90,000, how much is the total liabilities? 5. If total liabilities is 60% of assets, equity is what percent of liabilities? 6. If total assets is four times the amount of equity, total liabilities is what percent of assets? 7. If loss is P 56,000 and Income is 88,000, how much is the total expenses? 8. If total expenses is 120% of income, and income is P 85,000, how much is the profit or loss? 9. If beginning and ending equity is P 67,000 and P 88,000, respectively, how much is the total expenses if income is P 71,000, assuming there are no other transactions that affected equity? 10. Beginning total assets and total liabilities were P 40,000…
A business has total assets of P 381,000 and owner’s equity of P 264,000. How much were the liabilities? Group of answer choices P117,000 P264,000 P381,000 Cannot be determined
use the following information for meeker corp to determine the amount of equity to report (cash 78,000) (building 129,500) (land 215,800) (liabilities 135,000) what is the answer? A 558,300, B 299,300, C. 29,300 or either and what would it be?
0 ?+Equity? ¥70,000 ¥60,000a transaction in which onlystatements of Alex Greenway Co. Indicate in which financial statement(s) the following items would appear.(a) Service revenue.(e) Retained earnings. (b) Equipment. (f) Salaries and wages(in thousands). Determine theUse basic accounting equation.(LO 6)Use basic accounting equation.(LO 6)Brief Exercises 35 BE1-2 Given the accounting equation, answer each of the(a) The liabilities of Shumway Company Ltd. are £120,000 and the equity is £232,000.What is the amount of Shumway Company Ltd.’s total assets?
Q1 A firm has $5000 of current assets and $3000 in current liabilities on its balance sheets. Calculate its current ratio and interpret it.
Assets - Liabilities = Owner's Equity $81, 600 $17,000 ? 430,185 ? $373,065 44,625 42,917 ? ? 591,600 843,285 974,534 ? 319,439 Calculate the missing values indicated with a ?