Cliff Bauzon has assets of P900,000 and owner's equity of P490,000. *
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Compute the amount of the missing element of financial position.
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- 3. Assets is equal to P350,000, Owner's equity is 250,000, How much is the Equity?The balance sheet of Hamon Company shows owner’s equity of P680,000, which is equal to 2/3 of the amount of total assets. What is the amount of total liabilities?The liabilities of Dexter Company equal to one-third of the total assets, and the owner's equity is P240,000. What is the amount of liabilities?
- Total assets of SanaOl Co. amounts to P2,550,000 with equal liabilities and equity amounts. How much is the owner's equity?5. Current Assets is P50,000, Non-Current Assets is P150,000.00, Current Liabilities is P10,000 and NonCurrent Liabilities is P40,000, How much is the Equity of the company?() The total assets of Shumway Company Lid. are £600,000 and its liabilities are equal to one half of its total assets. What is the amount of Shurmway Company Lid.'s equity? BE1-3 At the beginning of the year, Gonzales Company SLU had total assets of €870,000 and total liabilities of €500,000. Answer the following questions (a) I total assets increased €l50,000 during the year and total liabilities decreased E80,000, what is the amount of cquity at the end of the year? (h) During the year, total liabilities increased €100,000 and equity decreased €S5,000. What is the amount of total assets at the end of the year? (c) If total assets decreased €80,000 and equity increased €120,000 during the year, what is the amount of total liabilities at the end of the year? BE1-4 Use the accounting equation to answer each of the following questions (a) The liabilities of Alli Company Lad. are C90,000. Share capital-ordinary is C150,000; dividends are f40,000; revenues, £450,000; and expenses,…
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- The ending owner’s capital of the business amounts to P100, 000. The beginning assets and liabilities are P100, 000 and P60, 000, respectively, and the owner contributed additional investment of P10, 000. a.the net income would be b.How much is the ending total assets of the business? c.how much is the total revenue of the business?Total Liabilities of Munimuni Company amounts to P400,000 which is 40% of the total assets. How much is owner's equity?The ending owner's equity of the business amounts to P100,000. The beginning assets and liabilities are P100,000 and P60,000 respectively. The owner contributed additional investments of P10,000 and incurred P15,000 expenses during the period. 6. How much is the net income?7. How much is the ending total assets assuming liabilities remain the same?8. How much is the total revenues?