All categories

1 year ago

If a company receives $12,000 from a stockholder, the effect on the accounting equation would be?

1 answer:

3 0

If a company receives $12000 from a stockholder the effect on the accounting equation would be that assets increase by $12000 and equity also increase by $12000.

Given that a stockholder pays $12000 to the company.

We are required to find the effect of the payment by the stockholder to the company in accounting equation.

Accounting equation is basically an equation which tells that assets is equal to the sum of liabilities and capital.

Assets=Liabilities+Capital

When company receives some payment from the stockholder then the cash or bank increases and accordingly assets increases and equity also increases.

Hence if a company receives $12000 from a stockholder the effect on the accounting equation would be that assets increase by $12000 and equity also increase by $12000.

Learn more about accounting equation at brainly.com/question/24401217

#SPJ4

You might be interested in

Your broker is selling you an investment scheme in which you will receive $5,000 four years from now, $6,000 five years from now

kvasek [131]

Answer:

IRR = 3.64%

Explanation:

using a financial calculator or excel spreadsheet we can determine the IRR of this investment:

year 0 = -$15,000

year 1 = $0

year 2 = $0

year 3 = $0

year 4 = $5,000

year 5 = $6,000

year 6 = $7,000

IRR = 3.64%

Since your required rate of return is 12%, you should pay a maximum of $10,128.57

6 0

3 years ago

Accounting is the information system that A. measures business activity. B. communicates the results to decision makers. C. proc

Bezzdna [24]

Answer:

All of the above

Explanation:

Accounting is usually a computer-based method which helps to take care of certain business activities. Accounting is a crucial sector of any business and one slight wrong move can change the complete outlook of a business. Accounting is an information system that helps to process information into numbers. Likewise, it helps to understand how the business is moving and it shows the results of a business decision.

4 0

3 years ago

No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the firs

allochka39001 [22]

No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.

<h3><u>What is the role of a director?</u></h3>

An organization's directors play a crucial role in governance on behalf of its shareholders or members.
The legal obligations that each Director must uphold during their tenure are outlined in various pieces of legislation. However, Directors are also held personally responsible for exceeding 700 more laws and legal standards.
Each director must acknowledge and support the following standards of conduct:
To accept personal accountability for contributing objectively and without regard to one's own interests to the Board's choices.
To proactively seek out sufficient knowledge about the organization's operations.
To constructively contribute to the formulation of pertinent organizational policies.
To give the organization's long-term strategies solid support.

In order to encourage good governance and guarantee that each director acts in the interests of the company's stakeholders, the legally based director duties were created.

Know more about Directors with the help of the given link:

brainly.com/question/14279294

#SPJ4

8 0

1 year ago

True or false?

valentina_108 [34]

True total utility always decreases when marginal utility is present

6 0

3 years ago

What is included in an individual’s personal finances? Check all that apply.

IrinaK [193]