1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Brrunno [24]
2 years ago
7

A bank has stock shares of $100,000, property assets of $90,000, and cash of $10,000. If households and businesses decide to dep

osit $50,000 in the bank as checkable deposits, the balance sheet will be ______.
Business
1 answer:
Llana [10]2 years ago
8 0

The answer is stock shares = $100,000, property assets = $90,000,       cash = $60,000, and loans & advences = $50,000

Given,

stock shares = $100,000,

property assets = $90,000,

and cash = $10,000.

households and businesses decide to deposit $50,000 in the bank as checkable deposits.

The balance sheet is a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time.

It also details the balance of income and expenditure over the preceding period.

Therefore when households and businesses decide to deposit $50,000 in the bank as checkable deposits, it will be shown in balance sheet as:

Cash = Previous balance + checkable deposits

         = 10,000 + 50,000

         = $60,000

Loans & advances : checkable deposits = $50,000

Hence, the balance sheet will be stock shares = $100,000, property assets = $90,000, cash = $60,000, and loans & advences = $50,000.

Learn more about balance sheet:

brainly.com/question/17151793

#SPJ4

You might be interested in
_______ includes the initiation of joint ventures with nationals (individuals or those in firms, labor unions, or government) to
Leno4ka [110]

Answer:

Equity sharing                

Explanation:

Equity sharing: The term "equity sharing" is also referred to as "co-ownership" or "shared ownership", and is described as a process in which more than one owner is being involved and utilizes one property in order to blend them to "maximize tax deductions and profit". Generally, equity sharing occurs when different parties ought to find a particular home and then buys it together as "co-owners", yet these people tend to join to "co-own" a particular property a person already bought it before or owns it.

In the question above, the given statement represent equity sharing.

5 0
3 years ago
New
vesna_86 [32]

YOUR ANSWER IS TRUE.

3 0
2 years ago
Pipes & Culverts Company orders six irrigation pumps from Quality Plumbing, Inc. The pumps are stored in Restorers Warehouse
padilas [110]

Answer: Title to the goods passes to Pipes when <em><u>Quality gives Pipes & Culverts a warehouse receipt for the drives.</u></em>

Here, in this case the condition states that Quality must give Pipes a warehouse receipt for the goods

<u><em>Therefore, the correct option to this question is (d)</em></u>

7 0
3 years ago
What is chain of businesses or intermediaries through which a good or service passes until it reaches the final buyer or the end
NeTakaya

Answer:

A distribution channel is the correct answer.

Explanation:

3 0
2 years ago
Heavy engineering businesses encourage employees to use safety equipment. Which type of controllable risk are they trying to avo
svet-max [94.6K]

Answer:

1 Needless and preventable machine injuries related

Explanation:

Heavy engineering businesses encourage employees to use safety equipment. Which type of controllable risk are they trying to avoid? Heavy engineering businesses encourage their employees to use safety equipment, such as gloves and protective clothing, to avoid risks.

1 Needless and preventable machine injuries related

8 0
3 years ago
Other questions:
  • Erie company manufactures a mobile fitness device called the jogging mate. the company uses standards to control its costs. the
    7·1 answer
  • A major conflict of interest between top executives and owners, is that top executives wish to diversify the firm in order to ,
    15·1 answer
  • A normal profit is:______
    8·1 answer
  • Which of the following is a common human relations mistake?
    10·1 answer
  • Fred Flintlock wants to earn a total of 10% on his investments. He recently purchased shares of ABC stock at a price of $20 a sh
    5·1 answer
  • How do you say 0.000354​
    13·2 answers
  • Looking forward to next year, if Baldwin’s current cash balance is $20,201 (000) and cash flows from operations next period are
    7·1 answer
  • 4. Suppose the supply of apples sharply increases because of perfect weather conditions throughout the growing season. Assuming
    10·1 answer
  • "If our company achieves a high level of relational coordination, what can we expect in terms of employee behavior?" Check all t
    5·1 answer
  • Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!