0
A company has a total assets of 10250 dollars and its owner equity is 5000 dollars how much are the liabilities of the company?
Wiki User
∙ 8y ago
A company has a total assets of 10250 dollars and its owner equity is 5000 dollars how much are the liabilities of the company?
assets = liabilities + equity$10,250 = liabilities + $5,000 --> liabilities = $10,250 - $5,000 = $5,250
Wiki User
∙ 8y ago
Wiki User
∙ 14y agoASSETS = LIABILITIES + EQUITY
$10,250 = LIABILITIES + $5,000 --> LIABILITIES = $10,250 - $5,000 = $5,250
Add your answer:
Earn +20 pts
What is the difference between a company's assets and its liabilities or its net assets is?
Equity
Can assets be greater then liabilities and owners equity?
No. Assets = Liabilities + Equity Always.
What is the company's assets minus its liabilities called?
Equity or net worth
Define the three components of the accounting equation?
The accounting equation is as follows: ASSETS = LIABILITIES + EQUITY
What is the shareholders equity if it has current assets of 2230 net fixed assets of 9900 current liabilities of 1380 and long-term debt of 4040?
Basic Accounting Equation: Assets = Liabilities + Owner's Equity Assets = Current Assets + Fixed Assets Liabilities = Current Liabilities + Long-term liabilities So Assets = Liabilities + Owner's Equity then current assets + fixed assets = current liabilities + long-term liabilities + owner's equity 2230 + 9900 = 1380 + 4040 + owner's equity 2230+9900 - 1380 - 4040 = owner's equity 6710 = owner's equity
What is the difference between a company's assets and its liabilities or its net assets is?
Equity
Can assets be greater then liabilities and owners equity?
No. Assets = Liabilities + Equity Always.
When buying a company do you also get their equity?
Buying a company means buying the equity of company because equity is equal to assets - liabilities.
What is the format of a balance sheet?
The format of the Balance Sheet is Assets = Liabilities + Equity * Current Assets * Fixed Assets * -------------------- * Total Assets * Current Liabilities * Long Term Liabilities * -------------------------- * Total Liabilities * Equity * Net Income * ---------------------------- * Total Equity * -------------------------- * Total Liabilities and Equity
What is the company's assets minus its liabilities called?
Equity or net worth
Define the three components of the accounting equation?
The accounting equation is as follows: ASSETS = LIABILITIES + EQUITY
What is the shareholders equity if it has current assets of 2230 net fixed assets of 9900 current liabilities of 1380 and long-term debt of 4040?
Basic Accounting Equation: Assets = Liabilities + Owner's Equity Assets = Current Assets + Fixed Assets Liabilities = Current Liabilities + Long-term liabilities So Assets = Liabilities + Owner's Equity then current assets + fixed assets = current liabilities + long-term liabilities + owner's equity 2230 + 9900 = 1380 + 4040 + owner's equity 2230+9900 - 1380 - 4040 = owner's equity 6710 = owner's equity
If the assets owned by a company total 500000 and the stockholders equity totals 400000 do liabilities total 100000?
1. Basic Accounting Equation: Assets = Liabilities + Owners Equity 500000 = Liabilities + 400000 Liabilities = 500000 - 400000 Liabilities = 100000
What is stockholder's equity?
Stockholder's equity is often the term used to refer to the value of a company. This is the amount that can be found on the business balance sheet when taking the assets of the company and subtracting the company's preferred stock, intangible assets, and other liabilities.
What is a basic accounting equation?
Single proprietorship assets= liabilities + capital partnership assets= liabilities + partner's equity corporation assets= liabilities + shareholder's equity
Assets equal liabilities?
Yes assets are equal to liabilities. As liabilities are source of financing either inform of equity or inform of debt. With help of liabilities (equity+debts) assets are financed.
Why is accounting differenciating between assets and equity?
Equity is the proportion of those assets you own, compared to the debt on those assets. An example would be a house. A house is an asset. The equity is the amount of the mortgage that is paid off plus any appreciation the value of the house. Same with a company. Its the difference between what you own and the debt or liabilities. Assets minus liabilities equals equity. You have equity in assets.
