Capital beginning Php150,000.00 Additional Investment Php50,000.00 Drawings Net Profit Php78,000.00 Php120,000.00 Capital beginning Php75,000.00 Additional Investment Php25,000.00 Drawings Php15,000.00 (Net Loss) Php20,000.00)

Q: According to the table above please prepare the financial statement

A: Financial Statements: Income Statement:

Q: How do I find the starting capital when it is not provided to do a statement of owner's equity

A: Owner's Equity comprises the owner's contribution to the business, Net income/loss, and drawings. On…

Q: Name the two main components of stockholders’ equity. Describe the main sources of change in each…

A: Stockholder’s Equity is the amount of remaining assets if all the liabilities in the business are…

Q: Define stockholders’ equity.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: Explain and provide examples for what is measured on a balance sheet.

A: Answer: Balance sheet is one of part of financial statements that represent the statement of net…

Q: how to find total stockholders equity

A: Accounting Equation has to be considered as the origination of the double entry system. Under…

Q: Demonstrate how to identify and account for equity investments accounted forunder the equity method

A: Equity method requires the investor to recognize investment income equal to its share percentage…

Q: On a classified balance sheet, how many categories of liabilities are there? 01 02 0-Liabilities…

A: A balance sheet is a statement of assets, liability, and equity. It is prepared after the income…

Q: Describe related stockholders’ equity statements.

A: Stockholders’ equity statement: This statement shows the changes made in the stockholders’ equity…

Q: Explain accounting for investments in equity securities.

A: An equity security is an investment in stock issued by another company. The accounting for an…

Q: Explain the accounting for stock-appreciation rights plans.

A: Share Appreciation Rights (SARs): The awards which offer the employees the right to receive either…

Q: would you please explain in step 4 from where you got the total assets and total equity

A: P/E ratio means Price -Earnings ratio. 1) P/E ratio = Market Price per share/Earnings per…

Q: Describe how to Receiving Dividends.

A: Dividends are paid to the shareholders of the company on the basis of profits earned by the company.…

Q: What is equity method accounting?

A: Equity method of accounting is the accounting method used to account for investments in associates…

Q: Describe the points how to prepare financial statements.

A: Financial Statement:   It refers to the records of an organisation that reports the business…

Q: how to understand a balance sheet

A: Financial statements of the business are indicator of financial position of the organisation.…

Q: Sales revenue is reported in the stockholder’s equity section of the balance sheet? True/false

A: Sales revenue: Revenue generated from the sales called sales revenue. Sales revenue = selling price…