For each separate situation, compute the missing amount.AssetsLiabilitiesEquity$95,000 $27,0001.2.3.EAEA90,000 $39,000143,000$62,000

To compute the missing amounts, we'll use the basic accounting equation:Assets=Liabilities+Equity…

Answered: For each separate situation, compute…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Determine 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 62,000
NC.OMB Summ ARY 0 5000 75,000 From the information above- determine income or loss amount. To answer if income, amount and capital C. Example 100000C To answer if loss, amount and capital L. Example- 100000L
2. Calculate the value of the missing items: Assets Capital Llabilities RM45,000 RM12,400 RM33,000 RM13,333 RM21.200 RM10,000 RM45.678 RM34.567 RM85,400 RM43.300 RM67.532 RM32.688
24 If K.mart.CO total assets is 600000, and total liabilities 400000, and goodwill 20000. Compute the identifiable net assets. Select one: a. 180000. b. 200000. c. 220000. d. 240000.
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Using the Accounting equation. Compute the following figure: Liabilities Assets Сaptal Workings 1 54000 16900 ? 2 330000 155000 ? 3. ? 19200 24400 4 ? 59000 119300 36100 28500 6 18600 16450 7 5000 16900 8 ? 14392 245886 9.200000 50000
ANSWER THESE,
20. Total current liabilities a. P6,445,000 b. P5,105,000 c. P5,445,000 d. P3,945,000 21. Total noncurrent liabilities a. P7,700,000 b. P7,590,000 c. P7,500,000 d. P7,610,000
am. 126.
If the difference between current assets and current liabilities is 84.2, bill payable 183, creditors 30, prepaid expenses 10, then what is the total current assets? Select one: O a. 223.00 O b. All the given choices are not correct O c. 114.20 O d. 307.20 O e. 297.20
Calculate Return on Total Assets each year separately.
16) Find the gaps in the following table: Item Capital (S) a. 12,350 b. ?? C. 33,266 d. ?? e. 11,900 f. 21.210 g. 12,200 h. ?? 1. 31,310 j. 53,110 Assets (S) 50,200 82,430 ?? 46,780 21,520 ?? 23,670 11,780 85,790 ?? Liabilities (S) ?? 21,850 32,680 12,123 ?? 3,400 ?? 5,200 ?? 8,230

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For each separate situation, compute the missing amount. Assets Liabilities Equity $ 95,000 $ 27,000 1. 2. 3. EA EA 90,000 $ 39,000 143,000 $ 62,000