Determine the value of Liabilities when Assets = $96,496 and Owner's Equity is $61,707.

Q: The following information is given: 100.000 150.000 Current liabilities Non-Current liabilities…

A: Formula: Total liabilities = Current liabilities + Non current liabilities

Q: The liabilities of Dexter Company equal to one-third of the total assets, and the owner's equity is…

A: Difference between Liabilities and Equity - Difference - Liabilities are the obligation of the…

Q: If equity is $300,000 and liabilities are $192,000, then assets equal

A: Balance of both side of balance sheet should be equal.  It means Total of equity and liabilities is…

Q: The total assets of KJC are $1,200,000 and its liabilities are equal to 1/4 of the total assets.…

A: Introduction: Owner's equity is owner's claim over the net assets of the organization. Owner's…

Q: The total assets of the Company are $81000 and its owner's equity is $61000. What is the amount of…

A: Formula: Accounting equation: Assets = Liabilities + Owners equity

Q: AXA insurance company has an loss adjustment expense of 3,147, underwriting expense of 947, premiums…

A: Here,

Q: Determine the value of Owner's Equity when Current Assets = $23,242, Current Liabilities = $12,634,…

A: VALUE OF OWNER'S EQUITY :  = TOTAL ASSETS - TOTAL LIABILITIES  1. TOTAL ASSETS :  = CURRENT ASSETS +…

Q: Total Liabilities of Munimuni Company amounts to P400,000 which is 40% of the total assets. How much…

A: Owner's equity =                                                         total assets - liabilities…

Q: An entity has the following owner's equity, drawings and assets: Capital N$120 000; withdrawals N$25…

A: Total assets = Total liabilities + Net capital where, Net capital = Capital - withdrawals

Q: "The following amounts are reported in the ledger of Adele Company: Assets P250,000 debit…

A: Ending balance in the Owner's Capital = Assets - liabilities = P250000 - 150000 = P100,000

Q: Calculate the missing value (in $) according to the accounting equation. Assets Liabilities Owner's…

A: Accounting equation formulae is  Assets = liabilities +owners equity

Q: Compute the missing amounts in the following table. Assets Liabilities + Owners' Equity %3D a.…

A: Assets = Liabilities + Owners' Equity Owners' Equity = Assets - Liabilities  Liabilities = Assets -…

Q: If assets are $239,000 and owner's equity is $83,000, the amount of the liabilities is

A: Stockholders' equity: Stockholders' equity means the remaining net assets available to shareholders.…

Q: If revenue was P45,000, expenses were 37,500, and the owner's equity withdrawals were 10,000, the…

A: The revenue of a firm indicates the income generated by selling goods or rendering services to the…

Q: Total equity is $1,620, fixed assets are $1,810, long-term debt is $650, and short-term debt is…

A: answer Total equity = $1,620 Fixed assets =  $1,810 long-term debt  = $650 short-term debt = $300

Q: If liabilities are $126,000 and owner's equity is $71,000, the amount of the assets is:

A: Stockholders' equity: Stockholders' equity means the remaining net assets available to shareholders.…

Q: "The total liabilities of Arse's Company on the balance sheet are P270,000; this amount is equal to…

A: Stockholder's Equity - Stockholder's Equity includes the amount contributed by shareholders issued…

Q: The liabilities of Barney Barn are equal to 1/3 of the total assets. The owner's equity is P…

A:

Q: Secret recipe Company shows $130,000 worth of assets on its December 31, 2009, balance sheet if the…

A: Accounting equation states that assets equals to sum of liabilities and shareholders equity.  Assets…

Q: Determine the missing amount for each of the following: Assets Liabilities + Owner's Equity = a.…

A: Assets = Liabilities + Equity a. Assets = $633,000 + $3,841,000 = $4,474,000 b. $6,124,500 =…

Q: Total assets of SanaOl Co. amounts to P2,550,000 with equal liabilities and equity amounts. How much…

A: The accounting equation states that assets equals to sum of liabilities and shareholders equity.

Q: Total Assets of ABC Financial Co. equals P1,400,000 and owner has a 60% interest over it. How much…

A: This question deals with the balance sheet equation. As per balance sheet equation, asset is always…

Q: Total Liabilities amounts to P500,000. Total owner's equity is thrice the liabilities. How much is…

A: Accounting Equation: accounting equation is the basis of accounting which is Total Asset = Total…

Q: If total assets amount is N$150 000; and owner's equity/capital is three quarter (¾) of total…

A: Formula: Assets = Liabilities + Capital Liabilities = Assets – Capital

Q: Compute Current Ratio from the following data. Current Assets- $700,000 Total Assets -$1,150,000…

A: The current ratio measures capabilities of the company to meet-out short-term obligations or not. it…

Q: Use the following information on current assets and current liabilities to compute and interpret the…

A: Acid test ratio:   An acid test ratio is also called a quick ratio. A quick ratio is a financial…

Q: The Balance Sheet for Dawood LLC shows assets totaling $107,000 and liabilities totaling $75,000.…

A: Balance sheet is a statement of assets, liabilities and capital of a business.

Q: he following data were taken from Alvarado Company’s balance sheet: OBJ. 6 Dec. 31, 2019 Total…

A: Debt to equity ratio is a financial ratio measuring the relationship of total outside liabilities to…

Q: Adieu Company reported the following current assets and current liabilities for two recent years:…

A: Solution a:   20Y4 20Y3 Quick Assets $3,000.00 $3,500.00 Current Liablities $2,000.00…

Q: The total assets of the business amount to OMR 24,000 and the total liabilities amount to OMR…

A: Formula: Accounting equation: Assets = Liabilities + Owners equity

Q: The owners' equity of Graham Interiors appears on the balance sheet as $720,000 and is equal to…

A: As per the Accounting Equation  Assets = Liabilities + Owner's Equity

Q: Assuming that a business total asset is 1/3 liabilities which includes an account payable of 50,000…

A: Account payable = 50000 Equity = Account payable*3            = 50000*3            = 150000 Total…

Q: Calculate its debt ratio.

A: Ratio analysis:   It is the financial analysis tool for measuring the profitability, liquidity,…

Q: If total liabilities amount to P400,000 which 1⁄3 of the total assets, what is the amount of the…

A: Total Equity = 400,000 Total Assets = 1/3 Time of liability = 3× 400000 =1200000 Residual Interest…

Q: use the following information to construct a balance sheet: current assets $1,000; current…

A: The accounting equation indicates the accounting transections in a proper accounting form. The…

Q: If Argos' financial statements indicate that Net Income 5,789, ROE is 31% and the Equity Multiplier…

A: Net income = 5789 ROE = 31% Equity multiplier = 1.46

Q: If the assets are $2,000,000 and liabilities are $1,600,000, what is the owners’equity?

A: The equation which balances the total of assets with the sum of total liabilities and total owners…

Q: Determine the missing amount for each of the following:   Assets = Liabilities + Owner's equity…

A: The basic accounting equation of the company is: Assets = Liabilities + Equity

Q: mancial statements indicate that Net Income 3,264, ROE is 10% and the Equity Multiplier is 1.64,…

A: Given ROE =10% Net income = 3264 Equity multiplier = 1.64

Q: A vacant lot acquired for $375,500, on which there is a balance owed of $281,625, is sold for…

A: The Accounting Equation assists the business in creating a balance sheet and determining whether the…

Q: Current assets are ₱2,000, current liabilities are ₱3,500. What is the current ratio?

A: Current ratio shows proportion of current asset in relation to current liabilities and reveals…

Q: If total assets amount is N$150 000 and total liabilities is half (2) of owner's equity/capital,…

A: As Per Accounting Equation  Assets = Liabilities + Capital

Q: Classify each of these items as an asset, liability, or stockholders' equity, and determine the…

A:

Q: blanks: s equity is thrice the total liabilities which is 25% of total assets, then is the amount of…

A: The accounting equation states that assets equal to sum of liabilities and equity.

Q: If current assets appear to be 42% of the sum of the total liabilities and owner's equity which is…

A: Liabilities = 115,000 Equity = 291,000 Liabilities + Equity = 115,000+291,000 Liabilities + Equity =…

Q: If liabilities are $114,000 and owner’s equity is $45,000, the amount of the assets is:

A: Assets: Assets are those items that provide value for money and future economic benefit for an…

Q: Given (all accounts are in their respective normal balances): • Asset - P3,500,000 • Liabilities -…

A: A debit balance is an account balance in which the left side of the account has a positive amount.…

Q: Balance Sheet as of December 31, 2017 Assets Liabilities and Owners' Equity Current liabilities $…

A: An income statement is a component financial statement that represents the income and expenses of…

Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is