Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if the assets of a business are 260000 and the lia

If the assets of a business are 260000 and the liabilities are 190000 , how...

50.1K

Verified Solution

Question

Accounting

If the assets of a business are 260000 and the liabilities are 190000 , how much is the equity? (2) If the equity in a business is 170000 and the liabilities are 120000 , how much are the assets? (3) A company reported monthly revenues of 335000 and monthly expenses of 110000. What is the result of operations for the month? (4) If the beginning balance of retained earnings is , revenue is , expenses total , and the company declares and pays a dividend, what is the ending balance of retained earnings

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

In a circle of radius 2 miles, the length of the arc that subtends a...

Calculus
Q

Suppose we want to use Twitter activity to predict box office receipts on the opening weekend...

Advance Math
Q

please rephrase/ rewrite this paragraph and you can add your own ideas It has become clear that...

Physics
Q

Performance and Breach Under what circumstances should courts not allow fully informed contracting parties to agree to...

General Management
Q

10. How do some cells become brain cells and others become skin cells, when the...

Biology
Q

Do consumers spend more on a trip to Walmart or Target? Suppose researchers in- terested...

Basic Math
Q

Jun 05 11 00 13 PM Watch help video Find the inverse function in slope...

Algebra
Q

The expression 64 65 is equivalent to Answer 630 63 20 36 30 36

Algebra
Q

Let the function P be defined by P x x 10x 23x 132 where x...

Algebra
Q

Identify TWO (2) benefits and TWO (2) drawbacks of adopting standard costing systems. Describe THREE...

Accounting
Q

Cost flow relationships The following information is available for the first year of operations of...

Accounting
Q

Rundle Manufacturing Company established the following standard price and cost data. Rundle planned to produce...

Accounting