The total assets of the business amount to OMR 24,000 and the total liabilities amount to OMR 18,000. The amount of the equity would be a. 18,000

Q: If owner's equity is ₱250,000 which is 40% of the total assets, how much is the total liabilities of…

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

Q: Assuming that the business total liabilities are 1/3 of the total equity of the business, based on…

A: Equity = 600,000 Liabilities = 1/3 of Equity                 = 600,000/3                 = 200,000…

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: 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: 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: 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: . If revenue was $450,000, expenses were $370,000 and dividends were $5,000, the amount of net…

A: The net income is calculated as excess of revenues over expenses. The net income is calculated using…

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: "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: 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: 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 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: As of December 31, 2018, Iñigo Zabala Company has assets of P700,000 and the owner's equity of…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

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: BE1-2 Given the accounting equation, answer each of the following questions. (a) The liabilitics of…

A: Accounting equation: Accounting equation is an accounting tool expressed in the form of equation, by…

Q: If opening net assets are OMR 200,000, dividends are OMR 24,000, direct expenses are OMR 20,000 and…

A: As posted multiple independent questions we are answering only first question kindly repost the…

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

A:

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: The assets and liabilities of Smith Company are as follows: Cash $28,650; Supplies, $840; Equipment,…

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

Q: If the assets of a business are $480,000 and the liabilities are $160,000, howmuch is the equity?

A: Formula: Equity = assets - liabilities.

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 liabilities and owner’s equity of a company are $328,000 and $284,000, respectively.  Assets…

A: Given The assets and liabilities of the company are $328,000 and $284,000, respectively

Q: The following information is available balances of accounts of Yong Pal Company: Yong Pal, Capital,…

A: Debit balance in the Income Summary account is the net loss.

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 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: Find the amount of Capital of a company from the given information: Revenues are RO 7,000, Expenses…

A: Solution: As per accounting equation: Assets = Liabilities  + Equity Therefore  Equity = Assets -…

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: 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: 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: 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: 1. The assets of Mahuyang Company amounted to 2,300,000 and its liabilities amounts to a fifth of…

A: Assets: Assets are the resources of an organization used for the purpose of business operations.…

Q: The assets and liabilities of Smith Company are as follows: Cash $28,650, Supplies, $840; Equipment,…

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

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: 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: Assuming that a business has a total equity balance of ¾ of the total liabilities, and based on the…

A: Equity = 270000 Equity = 3/4 of total liabilities 270000 = 0.75*total liabilities 270000/0.75 =…