Select the appropriate description based on its effects on the Accounting Equation:Liabilities + Stockholders' EquitySales Rent ExpenseAccounts PayableDividends +(1)(2)(3)1) +10,0002)-6003)4) +5005) -2006)-4007)-100(4)(5)AssetsCash + Supplies +Equipment(6)+200+600=+200-200[Choose ][Choose][Choose ][Choose ][Choose ][Choose ]+500+400<<+100ContributedCapital+10,000

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Description: Select the appropriate description based on its effects on the Accounting Equation:Liabilities + Stockholders' EquitySales Rent ExpenseAccounts PayableDividends +(1)(2)(3)1) +10,0002)-6003)4) +5005) -2006)-4007)-100(4)(5)AssetsCash + Supplies +Equip

Accounting equation refers to that equation which represents the relation between the assets,…

Business

Accounting

Select the appropriate description based on its effects on the Accounting Equation: Liabilities + Stockholders' Equity Accounts Payable Sales - Rent Expense Dividends + Cash 1) +10,000 2) -600 3) 4) +500 -200 -400 7) -100 5) 6) Assets + Supplies + Equipment +200 +600 = +200 -200 +500 +400 +100 Contributed Capital +10,000

Select the appropriate description based on its effects on the Accounting Equation: Liabilities + Stockholders' Equity Accounts Payable Sales - Rent Expense Dividends + Cash 1) +10,000 2) -600 3) 4) +500 -200 -400 7) -100 5) 6) Assets + Supplies + Equipment +200 +600 = +200 -200 +500 +400 +100 Contributed Capital +10,000

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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How do I get both sides to balance? Assets =Liabilities and Stockholders Equity? I cant seem to find the shareholders equity amount. Assets Liabilities and Stockholders Equity Cash $ 7,000.00 Accounts Payable $14,000 Accounts Recievable $ 19,000.00 Long-Term Debt $140,000 Inventory $170,000.00 Shareholders Equity $7,000 PP&E $ 70,000.00 266,000 $161,000 Cash $ 7,000.00 inventory of TV $ 170,000.00 PP&E 70000 Accounts Recievable $ 19,000.00 Accounts Payable $14,000 Long-Term Debt $140,000 Shareholders Equity XX
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Determine the missing amount for each of the following: Assets = Liabilities + Stockholders’ Equity a. X = $550,000 + $1,345,000 b. $776,500 = X + $588,800 c. $14,750,000 = $4,455,000 + X
A) Comment on any significant changes in each company in the composition of current assets and current liabilities. Explain. b) Which assets in each company have the most significant investment? Why? c) Are the companies financed primarily with debt or equity? Why?
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moodle1.du.edu.om/mod/quiz/att J- Moodle English (en) - Some selected financial statement items belonging to MNO Company are given in the table below. According to this information, which of the following is Return on Equity (ROE)? Inventory 12,500 Current Assets 50,000 Current Liabilities 30,000 Non-current Assets 80,000 Net Profit 11,000 Shareholders' Equity 67,000 Select one: O a. 16.42% O b. 21.11% O c.3.59% O d. 10.23% here to search DELL F2 F3 F9 F6 #3 % % & 4 6 8. W R T Y LU GY K V BY NT CS of LL ト山り