Calculate  Owner's Equity  Extract of Balance sheet items  as at 31 December 2020     OR Equipment 20000 Goodwill 4500  Creditors 1000 Land 35000 Account  receivables                                                                                3500  Capital 11500  Closing Stock 15000 Loan

Q: Given the following data; TOTAL PURCHASES 150000 CASH PURCHASES 45000 PURCHASE RETURN S000 OPENING…

A: Creditors turnover ratio = net credit purchase * 2 / (Opening creditors  + Closing creditors)

Q: Q5) Do Horizontal and Vertical analysis of the following Balance Sheet of Ali and Co. 2020 49,000…

A: Horizontal analysis is used to examine a company's financial statements throughout a number of…

Q: Good day Please answer question 2.4., 2.5. and 2.6.

A: Satner Limited- The question asked about cost of Satner ltd if discount is not going to avail. As…

Q: Windswept, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold…

A: The ratio which is used to determine the part of assets financed using the equity of the entity is…

Q: Need the answer of Land and explanation

A: The value of land can be found easily as we are provided with the amount of total assets and the…

Q: The condensed balance sheet of the Dae-jung Inn are as follows. Assets 2019 2020 Current Assets…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: The financial statements of Trenton Office Supply include the following items: Cash Short-term…

A: An important liquidity ratio is the current ratio. The ability of an organization to satisfy its…

Q: Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care…

A: The objective of the question is to determine which option is more cost-effective for Sheridan…

Q: The Biance sheet data of Corinne Company at the end of 2025 and 2024 follow Cash Accounts receivable…

A: The cash flow statement is prepared to record the cash flow from various activities during the…

Q: ABC Inc.,                                                                 Balance Sheet…

A: Comparative Analysis: It is an analysis where the company compares two or more years of financial…

Q: Required: Analyse Rara's financial statement. Include the following ratios for 2020 and discuss your…

A: Return on assets refers to the concept of profitability ratios which measures the ability of a…

Q: Metal tech Cash Account 31.12.2020 RS RS Balance B/D 50 Payment to suppliers 2000 Equity share…

A: Cash flow statements: It is a statement that provides information about the outflow or inflow of…

Q: Vaughn's assets on December 31, 2020 are $200200. O $302000. O$170600. O $259100.

A: Assets = Equipment + Cash + Supplies + Accounts Receivable

Q: Tobesco Corporation 2020 and 2021 Balance sheets (in millions) 2020 2021 Change Assets Current…

A: Condensed financial statement is a statement of a company's income statement, balance sheet, and…

Q: Payables Drawings Delivery vehicles Land and Buildings Capital Receivables 65000 15000 100000 350000…

A: Current assets are those assets which can be realised or converted into cash within one year or one…

Q: 2. Goodwill and unrealized profit calculation Goodwill Fair value of consideration transferred Non…

A: Consolidation of Accounts: Consolidation of financial accounts refers to the act of merging or…

Q: Mr. shailesh furnishes you the following details. cash sales 200000 cash purchases 60000 sale of…

A: Ledger Accounts:Cash Account:Debit Side (Receipts):Capital introduced in cash: $18,000Dividend…

Q: Requirements: Prepare a statement of cash flows for the year 2022. (

A: A Cash Flow statement (CFS) is a  part of the final accounts prepared. This is a statement that…

Q: determine the working  capital rom the following information  Debtors $ 148000,  cash balance $…

A: Working capital is the difference between current assets and current liabilities.   Current assets;…

Q: Rodriquez Corporation’s comparative balance sheets are presented below: RODRIQUEZ CORPORATION…

A: The cash flow statement is prepared to record the cash flow from various activities during the…

Q: the total expenses as of December 31. Required: 1. Based on the above data and your audit, determine…

A: Here student post different question we will solve first question for you.  If you need additional…

Q: 2025 2024 Debit Balances Cash $69,500 $51,100 Accounts Receivable 155,000 129,800 Inventory 75,200…

A: To prepare the necessary financial statements and understand the changes between 2024 and 2025,…

Q: The net cash provided (used) by investing activities was     $(270000).   $(82000).…

A: Investing activities refers to the purchase and sale of physical assets and investment in…

Q: The following table shows some selected financial information of Delos Company. According to the…

A: Return on assets means total return earned on the total assets of the business. It includes current…

Q: Additional information at 31 December 2020: [Maklumat tambahan pada 31 Disember 2020:] · Fixtures…

A: Cash flow statement is a statement which is prepared to find out the cash comes in and goes out , by…

Q: Extract of Balance sheet items as at 31 December 2020 OR Land 35000 Account receivables 3500 Capital…

A:

Q: 1. Deprecation 20000 2. Net income 75000 The following accounts increased during 2020: Accounts…

A: Cash flows refer to the movement of money into and out of a business

Q: resented below are data taken from the records of Shamrock Company. December 31, 2020…

A: The question is based on the concept of Cash flow statement. Cash flow statement is the statement…

Q: Assets (in KD) Liabilities (in KD) Cash 20000 Accounts payable 80000 Accounts receivable 100000…

A:

Q: Copy of 65000 Payables Drawings Delivery vehicles Land and Buildings Capital Receivables 15000…

A: Lets understand the meaning of equity. Equity is a capital that is bring by the owner of the company…

Q: 1. Deprecation 20000 2. Net income 75000 The following accounts increased during 2020: Accounts…

A: Investing activities -   Cash flows from investing activities represent that, cash invested in the…

Q: The XYZ Company had the following income statement on 31.12.2020 Deprecation 12000 Net income 85000…

A: working notes:     Net Cash Provided by Operating Activities =85,000…

Q: Question 3: KLM Co. had the following information in 2020: Issuance of common stock 32000 Payment of…

A: Various Activities under the cash flow statement are: Cash flows from operating activities Cash…

Q: You are given the following statements of financial position: 2020 2019 Assets RM 260,000 400,000…

A: Answer:-  Cash flow statement:- A cash flow statement details the amount of cash and cash…

Q: Cash 45,100 15,000 6,800 (2,000) 21,000 27,500 72,600 Accounts Receivable Inventory prepaid expenses…

A: The statement that is prepared to record the cash used or provided by different activities  in the…

Q: Inventory 420 000 460 000 Accounts Receivable 390 000 320 000 Interest Receivable

A: A Cash flow statement is a financial statement that shows how much money is coming in and out. There…

Q: Prepare a classified balance sheet as of December 31, 202

A: There is a difference of $ 4528 between the debit and credit side of the given Trial balance. Hence,…

Q: NEED ANSWER ASAP Q: USING THE BALANCE SHEET PROVIDED, WHAT IS THE AVERAGE OWNER'S EQUITY? EXPLAIN

A: Shareholders Equity: It is the amount which invested by the owners of the company in the business…

Q: Revenue Expense Net Income Type Amount Froncing Financing Investing Non Cash Non Cash Non Cash…

A: The cash flow statement is prepared to record cash flow from various activities during the period.