Some of the basic issues related to accounting for intangible assets are non-monetary assets which are not seeable. This generates time and effort to classify separate asset. Legal intangibles and Competitive intangible are customers' information, rights, and cost within the organization. It is also recorded as organization's cost.
Single proprietorship assets= liabilities + capital partnership assets= liabilities + partner's equity corporation assets= liabilities + shareholder's equity
== == Assets = Liabilities + Owners Equity
Assets +Liabilities=Owner's Equity
The basic accounting formula lays the foundation for the system of double entry form of book keeping. It is Assets = Capital + Liabilities. It shows the relationship of the assets, the liabilities and the owners equity in the business.
ASSETS are equal to the sum of liabilities & owner's equity
assets, liabilities, and owners equity
Basic Accounting RatioAssets = Liabilities + EquitySoEquity = Assets - LiabilityandEquity = 750 - 250Equity = 500
The basic earning power ratio (or BEP ratio) compares earnings apart from the influence of taxes or financial leverage, to the assets of the company. It is just a ratio of the earnings of the company and its assets and does not include the capital invested into the company or the tax and interest liabilities.Formula:BEPR = EBIT / Total Assets
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Debt Equity Derivative
Both Shiites and Sunnis are right Muslims. They differ in minor issues that are not relevant to the basic Islam rules and instructions. Refer to related question below.