The liabilities of Bb 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: Office Store has assets equal to $172,000 and liabilities equal to $134,000 at year-end. What is the…

A: Please see the next step for the solution

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: At the beginning of the year a sole proprietorship had liabilities of 100k and owners equity of 96k.…

A: Asset :— Assets is Something which Containing economic Value & Future Value. It is the Part of…

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: 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: 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: 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: 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 total assets of the business at the end of the year was RM120,000 and the liabilities were 50%…

A: The accounting equation refers to the equation of the balance sheet. It is based on the method of…

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

A:

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: The balance sheet shows that total asset of a company is $10000, Liabilities- $500, Owners Capital-…

A: Accounting Equation of the business shows that total assets in the business should be always equal…

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: t the beginning of the year, Pala Calling Station had liabilities of P200.000 and owner’s equity of…

A: The total amount of capital or owner's equity appears on both the balance sheet and statement of…

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: 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: 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: 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: The ending owner’s capital of the business amounts to P100, 000. The beginning assets and…

A: Total assets=Owner’s capital+Liabilities

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: If the liabilities of a business increased RM75,000 during a period of time and the owner's equity…

A: At a particular point of time, after every transaction is recorded, Assets = Liabilities + Equity

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: Given​ non-current assets of £40,000​, current assets of £13,000​, current liabilities of £4,000​,…

A: Assets = Liabilities + Equity (Current Assets + Non-current Asset) = (Current Liabilities +…

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: 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…

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