The liabilities of Barney Barn are equal to 1/3 of the total assets. The owner's equity is P 6,300,500. What is the amount of the liabilities?

Q: Use the accounting equation to answer the following: 1. The assets of Luzon Petroleum are…

A: Answer 1) Calculation of Liabilities Liabilities = Assets – Owner’s equity Liabilities = P…

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 owner's capital is ₱150,000. The creditors have 60% claims on total assets. What is the correct…

A: Assets   : Resources  owned by a business is called assets. Liabilities : Liabilities are the…

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

A: Total value of assets = Total value of Liabilities + Total value of  Owner's Equity

Q: a. Total assets of Charter Company equal $860,000 and its equity is $500,000. What is the amount of…

A: The accounting equation is the equation that describes the transection in accounting form. The…

Q: Suppose current assets, liabilities and equity of the company are OMR 25,000, OMR 35,000 and OMR…

A: As per accounting equation, Assets = Liabilities + equity

Q: b. Total assets of Martin Marine equal $560,000 and its liabilities and equity amounts are equal to…

A: This question deals with the balance sheet equation. Balance sheet equation says that total asset is…

Q: a. Total assets of Charter Company equal $760,000 and its equity is $450,000. What is the amount of…

A: Fundamental accounting equation, represents the relationship between the Assets, Liabilities and…

Q: the current assets are 62.5% , the total assets are ₱600,000, owner’s equity is twice the total…

A: Solution:- Calculation of the total owner’s equity as follows:- The following formula used for…

Q: The total assets of Yanko Co. are $600,000 and its liabilities are equal to two-thirds of its total…

A: SOLUTION ACCOUNTING EQUATION- ASSETS = LIABILITIES + EQUITY.

Q: Total assets of Martin Marine equal $500,000 and its liabilities and equity amounts are equal to…

A:

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: The assets of the business comprise of P100,000 cash and P900,000 land and building. The land and…

A: Total Assets=Cash+Land & Building=P 100,000+P 900,000=P 1,000,000

Q: The liabilities of Faisal Company are $90,000. Owner’s capital account is $150,000; drawings are…

A: Over time, liabilities are settled through the transfer of economic benefits such as money, goods,…

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: 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 assets if equity

A: Assets = Liabilities + Equity

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: Fill in trhe If the liabilities of the business amount to P120,000 and its residual interest amounts…

A: Total assets are the sum of current assets and fixed assets. And total asset is equal to the total…

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: Total assets of Charter Company equal $700,000 and its equity is $420,000. What is the amount of its…

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

Q: The assets of Star Company are $160,000 and the total liabilities are $60,000. The equity is​…

A: The balance sheet represents that the assets are equal to the sum of liabilities and stockholders'…

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: The liabilities of Shumway Company Ltd. are 120,000 and the equity is 232,000. What is the amount of…

A: As per Accounting Equation,Assets =Liabilities +Owner's equity

Q: If total liabilities amount to P2,196,000 which is 60% of the total assets, then _____ is the total…

A: Formula: Accounting Equation: Assets = Liabilities + Equity

Q: The assets and liabilities of the company are $128,000 and $84,000, respectively.  Owner’s equity…

A: Owner’s equity = Total assets - Total liabilities

Q: A vacant lot acquired for $451,000, on which there is a balance owed of $266,090, is sold for…

A: Assets= Liabilities + Stockholder Equity (1) Assets decreased by $288,640 Net Effect on…

Q: Directions: Please provide what is asked in each of the questions below 1. If the Assets of ABC…

A: Accounting Equation: The Accounting Equation also is known as the basic accounting equation provides…

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: 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: 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: a. Total assets of Charter Company equal $760,000 and its equity is $450,000. What is the amount of…

A: Total assets = Total liabilities + Equities So, given values are, Total assets =  7,60,000 Equity =…

Q: The liabilities of Maria's sari-Sari Store total to P 5,000.00, while its invested capital amounts…

A: Accounting equation states that all assets must be equal to the sum of total liabilities & total…

Q: a. Total assets of Charter Company equal $860,000 and its equity is $500,000. What is the amount of…

A: Introduction: A resource with economic value that an individual, corporation, or country owns or…

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: 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: Jake Bake Shop has total liabilities amounting to $35,000. Total equity had an ending balance of…

A: Balance sheet means where all assets , liabilities and capital is shown. Accounting principles says…

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 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: If Charter Company has assets totaling $ 800,000 and equity of 400,000, how much is its liabilities?

A: The balance sheet is based on the equation: Assets = Liabilities + Equity

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