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Under standard accounting rules it is possible for a company's liabilities to exceed its assets when this occurs the owners equity is negative Can this happen with market values why?
It can happen A: I don't think it can happen. let us see... equity = represents your ownership 80% equity = says that you own 80% of the business zero equity = you have no ownership negative equity = ??? Negative equity would just mean that you have no property plus you owe someone else which means its just another liability. So I think its not possible
What would happen to the other side of the journal entry with a decrease in an asset?
there should be increase in any other asset or decrease in liability or decrease in owners equity to balance.
If 500 of cash received are debited to debtor ledger control account instead of crediting what effect will happen?
debtors are overstated by 500 as it is meant to be credited so assets will be overstated by now 500+500 =1000 because we r also debiting bank due to the cash received
What happen when wages payable is decreased?
Wages Payable is a liability account that records wages that a company owes but has not yet paid. A decrease in this account more than likely signifies payment of those wages.About the only other "decrease" which is generally a rarity, is if the account was increased accident by an amount that the company did not owe and there was an adjusting entry made to record that error.
What happen if you didnt do your taxes on time. and it was to late who can you talk to?
what happen if you don't do your taxes in time, and it was to late to file . who can you talk to? or how can you get in contact with that person, in order to get them done.
Under standard accounting rules it is possible for a company's liabilities to exceed its assets when this occurs the owners equity is negative Can this happen with market values why?
It can happen A: I don't think it can happen. let us see... equity = represents your ownership 80% equity = says that you own 80% of the business zero equity = you have no ownership negative equity = ??? Negative equity would just mean that you have no property plus you owe someone else which means its just another liability. So I think its not possible
What happen when workers perceive an inequity according to equity theory?
When workers perceive an inequity according to equity theory, they may experience negative emotions such as anger or resentment. This perception of unfairness can lead to decreased motivation, lower job satisfaction, and potentially increased turnover intentions. To restore equity, workers may seek ways to reduce the inequity, such as by adjusting their efforts or seeking higher rewards.
What will happen to the mixture at equilibrium if the temperature is decreased?
The system will rebalance.
What happen in the 1980 and the 1990?
Christianity greatly decreased on the African continent
What happen to the number of births in the two years prior to 1946?
decreased
What happen to water increased or decreased when you put ice in it?
the water increase
What would happen to the atmospheric carbon level if the total amount of land vegetation decreased by 50 percent by 2100?
If the total amount of land vegetation decreased by 50 percent by 2100, it would result in a significant reduction in the Earth's capacity to absorb carbon dioxide through photosynthesis. This would likely lead to an increase in atmospheric carbon levels, contributing to the greenhouse effect and potentially exacerbating climate change.
What will happen to my 401k when filing bankruptcy?
These assets should not be effected at all.
What happen to urine volume when water intake is decreased?
The urine volume will decrease.
What would happen to earth's orbit if the sun's gravity decreased?
It would get bigger
What happen after world war 2 population in rural areas?
decreased ~apex
What does mean equity?
In regards to home ownership and property, equity can be seen as: Home appraisal value (minus) loan amount (equals) Equity amount It is possible to have negative equity, which can happen when a homeowner buys in a rising market, and there is a price correction, reducing the value of the home appraisal. If there is no loan against the home, the equity is equal to the appraised value. Equity can also be viewed as Share.
