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What is an example increasing both current liability and use assets?
HaliCornejogp2025
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What is the difference between total current assets and total current liabilities is?
the difference between total current assets and total liability is the working capital. It goes with a formula 'current asset -current liability =working capital '
The ratio of current assets to current liabilities is called the?
The ratio between current assets to current liability is called "Current Ratio".
Is expenses owing a current liability or a current asset?
expense owing is a current asset
Which asset-liability combination would most likely result in the firm's having the greatest risk of technical insolvency?
Reducing current assets, increasing current liabilities, and reducing long-term debt.
Is there any example for current assets?
examples for current assets?
What is the difference between total current assets and total current liabilities is?
the difference between total current assets and total liability is the working capital. It goes with a formula 'current asset -current liability =working capital '
The ratio of current assets to current liabilities is called the?
The ratio between current assets to current liability is called "Current Ratio".
Which asset-liability combination would most likely result in the firm's having the greatest risk of technical insolvency?
Reducing current assets, increasing current liabilities, and reducing long-term debt.
Is expenses owing a current liability or a current asset?
expense owing is a current asset
What are the Journal entries for a sale of subsidiary?
There are several important journal entries for the sale of a subsidiary. These include: Fixed assets, current assets, current liability, deferred tax liability, and goodwill.
Is there any example for current assets?
examples for current assets?
If you had total assets of 11700 a net working capitgal of 1400 owners equity of 5000 and long term debt of 3500 what is the value of current assets?
Balance Sheet is Total assets = total liability N.W.C = Current Assets - Current Liabilities First find out Current Liability Current Liability = Total Assets 11,700 - Total Debt Equity 8,500 = 3,200 CL 3,200 + N.W.C 1,400 = 4,600 Current Assets TA 11,700 = CA 4,600 + OA 7,100 TL 11,700 = CL 3,200 + OE 5,000 + Debt 3,500
What type of account is unearned fees?
a paper in current assets in liability
How does current assets and current liabilities work together?
Current liabilities are the source of creating creating current assets. Current assets bring in cash to meet the current liability. Thus they represent the short term sources and short term uses.
Are owners equity and debtor fall under asset?
Owner equity is liability for business falls under liability or equity side while debters are current assets of business and fall under current assets.
Sam reported total assets of 1903000 and non current assets of 894410 He also reported a current ration of 1.60 What amount of current liabilities did he report?
Current assets = total assets - long term assets Current assets = 1903000 - 894410 Current assets = 1008590 Current ratio = 1.6 Current ratio formula = Current asset / Current liabilities 1.6 = 1008590 / Current liabilities Current liabilities = 1008590 / 1.6 Current liability = 630369
Difference between current assets and current liability?
Current assets are those items which are usable during current year while current liabilities are those payments which are payable within one fiscal year.
