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 =…
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- Assuming a business entity has a total asset of 25,000,000 its total liabilities is 1/3 of the said amount. How much is the equity? 16,000,000,00 16,666,666.67 13,333,333.33 13,000,000.00a. Total assets of Charter Company equal $760,000 and its equity is $450,000. What is the amount of its liabilities?Assume XYZ total assets $1,000,000 and net fixed $600,000. But current liabilities $200,000. Calculate the company current ratio? a. 4x O b. 2x c. 1.5x d. 3x
- In capital ledger account, debit side total is OMR 50,000 and credit side total is OMR 30,000. Calculate the amount for Balance C/D. O a. OMR 50,000 O b. OMR 30,000 O c. OMR 80,000 O d. OMR 20,000PA14. LO 5.3 Using the following Balance Sheet summary information, calculate for the two companies presented: A. working capital B. current ratio Company N $124,680 Company O $180,550 153,250 Current assets Current liabilities 63,250Foster, Inc., purchased a truck by paying $5,000 and borrowing the remaining $30,000 required to complete the transaction. Identify the correct statement(s) based on the transaction. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) The Company's liabilities will increase by $25,000. 2 The Company's liabilities will decrease by $30,000. ? Foster Inc's assets will decrease by a net amount of $30.000. 2 The Company's liabilities will increase by $30,000. 2 Foster Inc's assets will increase by a net amount of $30.00. ? Foster Inc.'s assets will decrease by a net amount of $25.000. ENG 1127 PM 9/20/2021 17°C UK M
- Al Kharif Company's total of short term liabilities is OMR 320,000 and total of long term liabilities is OMR 260,000. Its total assets are OMR 760,000. The Debt to total funds ratio of the company will be: a. 0.812 b. 1.310 c. 0.342 d. 0.763Determine the missing amount from each of the separate situations given below. Assets Liabilities Equity 157,000 %3D 26,000 100,000 = 59,000 +. 204.000 %3D 62,00022. McLaughlin Corporation's statement of financial position showed the following amounts: current liabilities, $75,000; total liabilities, $100,000; total assets, $200,000. What is the total debt to total assets ratio? a.1 b.2 c.0.50 d.0.875
- a. Total assets of Charter Company equal $860,000 and its equity is $500,000. What is the amount of its liabilities? b. Total assets of Martin Marine equal $660,000 and its liabilities and equity amounts are equal to each other. What is the amount of its liabilities? What is the amount of its equity? Assets Liabilities +Equity + 24 860,000 $ 500,000 a. b. 24 660,000 = Prev 1 of 10 Next > 44.549 SEP 1 51 MacBook Airok 7 ences The balance sheet of XYZ Company is shown below. What is the Net Working Capital for the company? LIABILITIES & OWNERS' EQUITY Current liabilities Long-term debt Owners' equity Total liabilities and equity Mc graw Hill ! 1 ASSETS Current assets Net fixed assets A Total assets N Multiple Choice @ 2 C W S $180 $860 $1,800 $1,560 #3 X 80 E $ 300 1,500 D $1,800 4 R F olo 5 % U 00 * $ 240 700 860 $1,800 8 A J ( 1 9 K N M )19. Ebasan Company have the following account balances: Cash (net of overdraft of P100,000) Accounts receivable Accounts payable Notes payable Loans payable Income tax payable Warranty obligations Deferred revenue Cumulative, redeemable preference shares at the option of the holder Non-cumulative, non-redeemable preference shares What is the total amount considered as financial liabilities? A. 4,620,000 B. 3,620,000 C. 4,600,000 D. 4,500,000 P300,0000 450,000 1,200,000 500,000 1,800,000 120,000 180,000 240,000 1,000,000 2,000,000