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If total assets increased 150000 during the year and total liabilities decreased 80000 what is the amount of stockholders' equity at the end of the year?
If total assets increased 150000 during the year and total liabilities decreased 80000 what is the amount of stockholders' equity at the end of the year?
If total liabilities decreased by 30000 during a period of time and owners equity increased by 35000 during the same period the amount and direction increase or decrease of the periods change?
If total liabilites increased would assests or stockholders equity?
Are Liability accounts are increased by debits?
No Liabilities will not be increased they will be decreased by debits
If total assets decreased by 88000 during a period of time and owners equity increased by 65000 during the same period then the amount and direction of the period's change?
If total assets decreased by $88,000 during a period of time and owner's equity increased by $65,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is d. $153,000 decrease
What is word debit credit?
As for as the meanings of debit and credit is concerned, in accounting it has no specific meanings. Rauther they reflect the situation as follows Debit is a situation where assets, expenses, drawings and losses are increased OR Liabilities, capital , revenue or profit are decreased. Credit is a situation when assets, expenses, drawings and losses are decreased OR Liabilities, capital , revenue or profit is increased. the above statement can be mentined as folows. __________________________________________ Dr. Cr. ------------------------------------------------------------------- Assets Expense Drawings + (-) Losses Capital Liabilities (-) + ___________________________________________ submitted by nadeemlatifkhan.com Nadeem Latif Khan, SIalkot. PAkistan Revenue Profits
If total assets increased by 175000 during a specific period and liabilities decreased by 10000 during the same period the period's change in total owner's equity was a 185000 increase.?
The change in total owner's equity can be calculated using the accounting equation: Owner's Equity = Total Assets - Total Liabilities. In this case, total assets increased by $175,000, while liabilities decreased by $10,000, resulting in a net effect of $175,000 + $10,000 = $185,000. Therefore, the increase in total owner's equity for the period is indeed $185,000.
On january 1, the assets were P500,000 and liabilities were P200,000. During the Year the assets increased by P100,000 and liabilities decreased by P50,000. Owners equity on January 1, was?
To find the owner's equity on January 1, we use the accounting equation: Assets = Liabilities + Owner's Equity. On January 1, assets were P500,000 and liabilities were P200,000, so owner's equity was P500,000 - P200,000 = P300,000.
Is accounts receivable increased or decreased by a credit?
decreased
How do you calculate owner equity when assets increase by 150000 and liabilities increased by 90000?
In financial accounting, Assets always equal the sum of your liabilities and equity. Therefore, if your assets increase by $150k and liabilities increased by $90k, your owners equity must have increased by $60k.
If total liabilities increased by 5000 then?
stockholder's equity must have increased by 5,000
What is an expanded basic accounting equation?
The expanded accounting equation replaces Owner's Equityin the basic accounting equation (Assets = Liabilities + Owner's Equity) with the following components: Owner's Capital + Revenues - Expenses - Owner's Draws. In other words, the expanded accounting equation for a sole proprietorship is: Assets = Liabilities + Owner's Capital + Revenues - Expenses - Owner's Draws.In the expanded accounting equation for a corporation, Stockholders' Equity in the basic accounting equation (Assets = Liabilities + Stockholders' Equity) is replaced by these components: Paid-in Capital + Revenues - Expenses - Dividends - Treasury Stock. The resulting expanded accounting equation for a corporation is: Assets = Liabilities + Paid-in Capital + Revenues - Expenses - Dividends - Treasury Stock.The expanded accounting equation allows you to see separately (1) the impact on equity from net income (increased by revenues, decreased by expenses), and (2) the effect of transactions with owners (draws, dividends, sale or purchase of ownership interest).
Is the speed in a crown and pinion increased decreased or constant?
The speed in a crown and pinion gear system is constant, meaning the input and output speeds are equal. However, the direction of rotation is changed.
