PB 4. LO 2.1 Each of the following situations relates to a different company. 1 12345 2 3 Revenues Expenses Gains Losses 5 Net Income or (Loss) 4 Company A ? $455,490 0 32,760 32,130 Company B $1,480,500 1,518,300 ? 0 39,690 Company C $103,950 78,120 4,725 5,670 ? A. For each of these independent situations, find the missing amounts. B. How would stakeholders view the financial performance of each company? Explain. Company D $1,054,116 ? 8,505 39,312 (58,275)

Q: Define carried interest

A: Carried interest: It could be a portion of any profit that private equity and hedge reserves common…

Q: What is accounting base on

A: The term that is related to the recording of the business transactions, summarizing the data, and…

Q: Define warehouse receipt financing

A: A warehouse receipt is a document of proof about the ownership of goods kept in that warehouse.

Q: Define acquiring company

A: The acquisition means when one company buys the more than 51% stake in another company. Companies…

Q: Difference of Perpetual and Peiodic

A: Perpetual:-It is the inventory management system that keeps the record of the inventory in…

Q: Define agency conflict

A: Agency conflict denotes to the conflicts that arise between the agent and Principal. In the finance…

Q: Define copyright

A: Definition:   Intangible assets: These are the long-term assets that are not physical in nature, but…

Q: Define charter

A: Introduction: Charters are legalized documents that lawfully set up corporate companies. Only…

Q: major disclosure requirements  for revenue accounts, capital. assets and liabilities

A: ANSWER:-   For revenue accounts, companies typically need to disclose the amount of revenue…

Q: Distinguish between Income and Expenditure Account and Receiptand Payment Account.

A: Difference between income and expenditure account and receipt and payment account:

Q: Define direct quote

A: A direct quote can be computed using the following formula: Direct quote=1Indirect quote

Q: What is a functional expense statement?

A: The answer is explained as follows:

Q: key internal and external stakeholders

A: The internal stakeholders of a company are listed as below: Employees, Managers, The board of…

Q: Define Proprietorship

A: A form of an organization where a single person is the owner and controller of the business is known…

Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is