0
Add your answer:
Earn +20 pts
Basic accounting equation?
ASSETS are equal to the sum of liabilities & owner's equity
Assets must always equal the sum of liabilities and owners equity?
A=L+Ealways
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.
Why allow for profit and attendance in prime cost sum?
Allowing for profit and attendance in the prime cost sum is important because it provides a comprehensive view of the total costs associated with producing goods or services. Profit represents the return on investment and is essential for the sustainability of a business. Attendance factors in the labor costs required to produce the goods or services, ensuring that all expenses are accounted for in determining the prime cost. By including profit and attendance in the prime cost sum, businesses can accurately assess their financial performance and make informed decisions for future operations.
Is the cost of direct materials classified as a conversion cost?
No, Conversion cost is the sum of direct labor cost and manufacturing overhead cost.
What are the two items whose sum is the cost of equity?
Dividends & Capital Gains
How many integers between 300 and 500 have the sum of their digits equal to A?
There are 3 whose sum is 45 whose sum is 57 whose sum is 69 whose sum is 711 whose sum is 813 whose sum is 915 whose sum is 1017 whose sum is 1119 whose sum is 1219 whose sum is 1317 whose sum is 1415 whose sum is 1513 whose sum is 1611 whose sum is 179 whose sum is 187 whose sum is 195 whose sum is 203 whose sum is 211 whose sum is 22.
Which formula in excel can i use to find the total cost of items?
The "Sum" formula works best.
A home equity loan is a lump-sum second mortgage loan made on the available equity in a home?
True, home equity loan.
Two numbers whose sum is 58 and whose diffrence is 16?
The two numbers whose sum is 58 and whose difference is 16 are 21 and 37.
What are the consecutive integers whose sum is 51?
The consecutive integers whose sum is 51 are 16, 17, and 18.
What the average of 50.40.45.50.40?
Count how many items. Find sum of all items. Divide sum by count.
What is pair of numbers whose sum is 3 and whose difference is 1?
2 and 1 .their sum is 3 .difference is 1
How many numbers between 10 and 30 whose sum is 5?
Two, whose digital sum is 5.
Two consecutive integers whose sum is 73?
The two consecutive integers whose sum is 73 are 36 and 37.
Two real numbers whose sum is S and whose product is a maximum?
find two positive numbers whose product is a maximum. 1.) the sum is s.
What is the formula for calculating total debt ratio?
Sum of all liabilities divided by sum of equity. E.g.: A company owes £150,000 as a bank loan, and has a share capital of £1,000,000. The debt/equity ratio is 15 per cent. This ratio is also known as "gearing" or "leverage".
