lint M. Invests $30,000. Into Merle company. The effect to Liabilities would be: ( Type your numeric number)
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- Determine the following amounts: a. The amount of the liabilities of a business that has 60,800 in assets and in which the owner has 34,500 equity. b. The equity of the owner of a tour bus that cost 57,000 and on which is owed 21,800 on an installment loan payable to the bank. c. The amount of the assets of a business that has 11,780 in liabilities and in which the owner has 28,500 equity.Hey I need help with this accounting homework please no explanation or answers from online just follow the instructions which says put in the number which means I need to put in the correct numbers in as my answers. Please, thank you! Clint M. Invests $30,000 into Merle Company. The effect to Liabilities would be: (Type your numeric answer) Clint M. Invests $30,000 into Merle Company. The effect to Equity would be. (Type your numeric answer) Merle Company purchased a piece of equipment for $5,000 on account. The effect to Assets would be: (Type your numeric answer) Merle Company purchases a equipment for $5,000 on account. The effect to liabilities would be: (Type your numeric answer) Merle Company purchases a piece of equipment for $5,000 on account. The effect to Equity would be: (Type your numeric answer) Merle Company pays $1,000 for this month’s rent in cash. The effect to Assets would be: (Type your numeric answer) Merle Company pays $1,000 for this month’s rent…Your assistant has gone to lunch before completing his task, which was to calculate the P/E ratio for Bollymonster Toys Inc. All he has left you is the following financial information. What is Bollymonster's P/E? (Round to one decimal place.) Bollymonster Toys Inc.Selected Financial Information Debt $2000 Cash $200 #Shares Outstanding 200 Stock Price $13.00 EV-to-EBITDA 7 Depreciation Expense $70 Interest Expense $110 Income Taxes $100
- Michael Anderson is starting his computer programming business and has deposited in initial investment of $15,000 into the business cash account. Identify how the accounting equation will be affected.I need help with these homework questions for accounting Merle Company pays $3,000 towards the amount owed due to the equipment purchase. The effect to equity would be: (Type your numeric answer) Merle company pays $3,000 towards the amount owed due to equipment purchase. The effect to Liabilities would be: (Type your numeric answer) Merle company pays $3,000 towards the amount owed due to the equipment. The effect to Assets would be: (Type your numeric answer) Merle company earns $9,000 from services preformed. The effect to Equity would be: (Type your numeric answer)I am stuck on this one question that I have left for my homework and need help: Discuss how each of the following transactions for Watson, International, will affect assets, liabilities, and stockholders’ equity, and prove the company’s accounts will still be in balance. A. An investor invests an additional $25,000 into a company receiving stock in exchange.B. Services are performed for customers for a total of $4,500. Sixty percent was paid in cash, and the remaining customers asked to be billed.C. An electric bill was received for $35. Payment is due in thirty days. D. Part-time workers earned $750 and were paid.E. The electric bill in “C” is paid.
- Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $31,000 and has cash on hand of $18,000 contributed by Lanni’s owners. For each of the following transactions, identify the real and/or financial assets that trade hands. Choose one option for following blank: A. real asset. B. financial asset. C. real liability. D. Finanical liability. The bank loan is a Financial liability for Lanni, and a Financial asset for the bank. The cash Lanni receives is a Financial asset . 1. The new financial asset destroyed or created is Lanni's promissory note to repay the loan. Lanni uses the cash from the bank plus $18,000 of its own funds to finance the development of new financial planning software. Lanni transfers financial asset (cash) to the software developers. In return, Lanni receives the completed software package, which is a real asset. Lanni exchanges the real asset (the software) for a Financial asset, which is 1,400 shares of…I need answers numbers for this. Merle Company pays $3,000 towards the amount due to the equipment purchase. The effect to Equity would be: (Type your numeric answer and submit) Clint M. Invests $30,000 into Merle Company. The effect to Liabilities would be: (Type your numeric answer and submit) Clint M. Invests $30,000 into Merle Company. The effect to Equity would be: (Type your numeric answer and submit) Merle Company purchases a piece of equipment for $5,000 on account. The effect to Assets would be: (Type your numeric answer and submit). PQR is the accounting intern for, a firm that has many small clients that need monthly accounting services. Ray has been asked by the partner in charge to analyze the asset section of firm’s balance sheets which follow: 2011 2012 Cash $2,500 $3,900 Accounts receivable, net 35,000 40,000 Inventory 85,000 122,000 Other current assets 3,400 4,110 Total current assets 125,900 170,010 Property , plan &equipment , net 180,000 230,000 Other assets 15,000 26,000 Total assets $320,900 $426,010 Required Prepare a common-size analysis of the assets section of the firm’s balance sheet for 2011 and 2012.Round all percentage answers to one decimal place
- After researching the different forms of business organization, Natalie Koebel decides to operate “Cookie Creations” as a corporation. She then starts the process of getting the business running. In November 2022, the following activities take place. Nov. 8 Natalie cashes her U.S. Savings Bonds and receives $520, which she deposits in her personal bank account. 8 She opens a bank account under the name “Cookie Creations” and transfers $500 from her personal account to the new account in exchange for common stock. 11 Natalie pays $65 to have advertising brochures and posters printed. She plans to distribute these as opportunities arise. (Hint: Use Advertising Expense.) 13 She buys baking supplies, such as flour, sugar, butter, and chocolate chips, for $125 cash. 14 Natalie starts to gather some baking equipment to take with her when teaching the cookie classes. She has an excellent top-of-the-line food processor and mixer…After researching the different forms of business organization, Natalie Koebel decides to operate “Cookie Creations” as a corporation. She then starts the process of getting the business running. In November 2022, the following activities take place. Nov. 8 Natalie cashes her U.S. Savings Bonds and receives $520, which she deposits in her personal bank account. 8 She opens a bank account under the name “Cookie Creations” and transfers $500 from her personal account to the new account in exchange for common stock. 11 Natalie pays $65 to have advertising brochures and posters printed. She plans to distribute these as opportunities arise. (Hint: Use Advertising Expense.) 13 She buys baking supplies, such as flour, sugar, butter, and chocolate chips, for $125 cash. 14 Natalie starts to gather some baking equipment to take with her when teaching the cookie classes. She has an excellent top-of-the-line food processor and mixer…Gareth Breese started a bammy project in April 2009, by investing 80,000 from his Busta Cup earnings. He also secured a loan from the NIBJ At the start of his business he had the following : Equipment 40,000 Van 100,000 Stock 20,000 Use a the accounting equation to determine the amount he received as loan.
