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fiasKO [112]
1 year ago
10

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

Business
1 answer:
Advocard [28]1 year ago
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

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C. Debt to Income Ratio

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The debt to income ratio (DTI)provides a picture of the level of debts of a borrower. The DTI is usually expressed as a percentage of gross income. A high debt to income ratio indicates a person spends a high percentage of income on paying debts.

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