Please help with my Accounting homework!! Total assets 31December 2021Total liabilities 31December 2021Share Capital 31December 2021Profit for 2021Dividends declaredand paid during 2021Red Ltd$Retained earnings 1January 2021642,000Retained Earnings 31 195900December 2021331,50084,600307500/-9460030000350500Blue Ltd$84460042530041930013420012568422400Green Ltd$64215023540842209921016220

Lets understand the basics.As per balance sheet equation, total assets are always equal to total…

otal assets 31 ecember 2021 otal liabilities 31 ecember 2021 hare Capital 31 ecember 2021 etained Earnings 31 ecember 2021 rofit for 2021 ividends declared nd paid during 2021 etained earnings 1 anuary 2021 $ 642,000 331,500 84,600 195900 307500/-94600 30000 350500 $ 844600 425300 419300 134200 125684 22400 $ 642150 23540 84220 99210 16220

otal assets 31 ecember 2021 otal liabilities 31 ecember 2021 hare Capital 31 ecember 2021 etained Earnings 31 ecember 2021 rofit for 2021 ividends declared nd paid during 2021 etained earnings 1 anuary 2021 $ 642,000 331,500 84,600 195900 307500/-94600 30000 350500 $ 844600 425300 419300 134200 125684 22400 $ 642150 23540 84220 99210 16220

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

21. Which of the following should you do in an interview? (Check all that apply) Have copies of your resume Arrive early Show up to an interview with your parent or friends Assume the interviewer read your resume
Please answer in details, also explain why other options are wrong . Please answer within 30 minutes. its urgent. What role is most likely to be involved in preparing tax documents? A. Information security analyst B. HR specialist C. Accountant D. Financial examiner
“Since you are enrolled in an introductory accounting class, a friend asks you the following: "I have never understood debits and credits." Provide a brief explanation of the terms debit and credit and how they are used in an accounting information system.
How does accounting help students succeed in the business world
.a) Who is the Father of Accounting? b Explain his contributions?
A. Prepare the following for the year ended 31 December 2020 i. Statement of affairs as at january 1 2020 ii. Bank account iii.accounts payable and accounts receivable accounts iv. Income statement V.balance sheet
only typed solution
Post two comments about the article on the message board 'Antecedents of the Accounting Profession' by Willard E. Stone
Students will occasionally comment that they are studying to become accountants yet never mention Accounting Information Systems. Discuss the flaws in such reasoning.
You can track your finances using all of the following, EXCEPT: O Quickbooks O specific Apps and websites O your memory O Excel
Learning Objective 4.5 LO 4.5) Prob.1. Use the following information to answer the question below. At December 31, 2021, Beerbo has the following information: Item Amount ($) Cash is checking account 15,000 Petty cash 580 Postage Stamps 654 Check from customer dated Jan 20, next year 321 3-month certificate of deposit 40,000 12- month certificate of deposit 36,000 Check from customer dated Dec 15, this year 175 Undeposited Cashier's Checks from customer 729 IOU from customer 500 6-month U.S. Treasury bill purchased 4 months ago. 2,500 2-month high-grade Canada government security purchased 1 month ago. 1,000 Cash in savings account 100 Accounts Receivable 3,700 1-month U.S. Treasury bill purchased 2 weeks ago. 2,000 Time Deposits 1,600 LO 4.5) Prob.1.a. Determine the amount that Beerbo will report as Cash and Cash Equivalents on its December 31, 2021 Balance Sheet.
Financial Literacy