0
It reduces cash in the bank.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What does finance equity mean?
Finance equity refers to the residual claimant or interest of the major type of investors in assets after paying off all the liabilities. Negative equity exists if liability is more than assets.
Do subsidized loans affect credit?
Subsidized loans will affect your credit score negatively if you are not paying them. If you are paying them, they will have a positive effect on your score.
How do you become debt free without assets?
To become debt free without assets, you can start by getting a job and paying your bills. Set up a budget and follow it. Be sure to include savings and investments. Do not add any more debt!
Do you inherit debt?
No, you do not inherit debt. Unless you choose to do so. The estate is responsible for ending the debt by either paying it off or showing the court there are no assets.
If there is no estate of deceased family member who is responsible for debt?
Generally, the estate is responsible for paying the debts of the decedent when the debts are in the sole name of the decedent. If there are no assets then the creditors are out of luck.
Where can you find divedends on financial statements?
In equity
Is paying cash for a dividend an increase or a decrease to your assets?
stock dividends what impact on total assets
How does paying a liability with cash affect the accounting equation?
assets decrease; liabilities decrease
Is paying life points the same as taking effect damage?
no, paying life points is considered a cost, so it is not effect damage.
Do decimal divisors and divedends have to have the same number of decimal places to have a whole number quotient?
No. 0.5 divided by 0.25 = 2
Is the present Romanian government paying reparations for assets taken by the prior communist government?
Yes
When en expense is paid in cash net what is the effect on net assets and profit?
net assets decrease and profit decreases
Is excutor of estate responsible for paying the prior homeowner association fee?
Yes. The executor of the estate is responsible for paying any outstanding debts owed by the decedent. Those debts must be paid before any assets can be distributed to the heirs.Yes. The executor of the estate is responsible for paying any outstanding debts owed by the decedent. Those debts must be paid before any assets can be distributed to the heirs.Yes. The executor of the estate is responsible for paying any outstanding debts owed by the decedent. Those debts must be paid before any assets can be distributed to the heirs.Yes. The executor of the estate is responsible for paying any outstanding debts owed by the decedent. Those debts must be paid before any assets can be distributed to the heirs.
What is the effect on total assets of the purchase of land for cash?
An increase in Land and a decrease in cash, total effect is zero.
How assets write-down effect earning per share?
Assets = Liabilities + equities therefore equities = Assets - liabilities If Assets go down Equities reduce in value Earnings = Equities / Total No. of shares therefore earnings go down
Payment of accounts payable will have what effect on total assets?
Payment of account payable will reduce the total assets. When you pay your bills, you take money out of your account.
What one effect of low paying jobs?
crowded apartments.
