Determine the missing amount: Assets = Liabilities + Owner's Equity. $895000 $354000 = +
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- Can you explain how are the amounts in the errors calculated given the attached problem? Thank youfor part b, you entered the figure £45.17... as the D0. where did you get this figure from as its nowhere else in your working out?Calculate the missing value using the accounting equation Assets Liabilities Owner's Equity 141,792 34,022
- Distressed Jon is un rgoing liquidaion. Relevart ihlor Jon as Shown beiow: ASSETS Carrying Amount Net Realizable Value P250,000 150,000 600,000 1,700,000 P2,700,000 Cash Accounts Receivable Equipment-net Land P300,000 355,649 200,000 1,500,000 P2,355,649 TOTAL ASSETS LIABILITIES Accounts Payable Salaries Payable Notes Payable Loan Payable Carrying Amount P1,000,000 500,000 Settlement Amount P1,000,000 500,000 805,234 800,000 P3,105,234 800,000 800,000 P3,100,000 TOTAL LIABILITIES EQUITY Share Capital Retained Earnings Capital Deficiency P1,600,000 (2,000,000) (400,000) TOTAL LIABILITIES & EQUITY P2,700,000 Additional Information: • Administrative expenses amounting to P180,744 are expected to be incurred during the liquidation process. • The equipment is pledged to the loan payable. QUESTIONS: 1. How much are the total free assets? 2. How much are the unsecured liabilities with priority? 3. How much are the total unsecured liabilities without priority? 4. How much are the net free…T-Account (Liability) CRNEED UNKOWN CR amountPlease provide in detail the equation for finding out this UNKNOWN CR amount on a CR Liablity Account. Also could you tell me how I would find an unkown DR amount on the same type of Liabilty CR Account. ThanksBeginning Balance $3,000CR-$3,400CR-UNKOWNDR- $1,500DR-$2,000Ending Balance=$6,700bdhdhdjdjdjjdis plz dont answer current ration in the following: Current Asset $20000., Current Liability $20000
- 1.3Comment on the following:1.3.1Cash flows from operating activities R756 000(4 marks)1.3.2Increase in receivables (R396 000)(4 marks)1.3.3Cash flows from investing activities (R1 368 000)(4 marks)iiA. Find the missing value, Show your solution. Simple interest 1. P = $ 1,520; i = 3 ½ % ; N = 2 yrs.2. P = $ 2,200; I = $ 375 ; N = 4 yrs.3. P = $ 3,800; I = $ 805 ; i = 7 ½ %