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
slega [8]
2 years ago
8

What two accounting equalities must be maintained in transaction analysis?

Business
1 answer:
STALIN [3.7K]2 years ago
4 0

Two accounting equalities to maintain in transaction analysis are Assets and Liabilities + Equity.

One key element of performing accounting transaction analysis is ensuring that the accounting equation is balanced. This means that for every debit account entry, you must have a credit account entry of the same amount.

This accounting equation works as-

Assets = Liabilities + Equity

Assets- This refers to the resources of a company and includes cash and cash equivalents, accounts receivable, and inventory.

Liabilities and equity- The liabilities of a company refer to its financial obligations, such as loans, long-term debts, mortgages, and notes payable.The shareholder’s equity of a company refers to the dollar value of the company and can be calculated by subtracting its liabilities from its assets. Both liabilities and equity show how the company has financed its assets.

To learn more about transaction analysis here

brainly.com/question/20983891

#SPJ4

You might be interested in
On July 1, Smith Company borrowed $430,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30
ehidna [41]
It should be e $64,083
7 0
3 years ago
For the month of September, Florida, Inc., incurs a direct materials cost of $12,000 for 7,500 gallons of strawberry lemonade pr
Blizzard [7]

Answer:

The difference in the direct materials cost per equivalent unit between the two months is $0.70.

Explanation:

First calculate the direct cost per equivalent unit in September

Direct cost per equivalent unit  = Total Cost / Total Equivalent units

                                                    = $12,000 / 7,500

                                                    = $1.60

<u>Difference between the two months.</u>

September   =  $1.60

Less August = ($0.90)

Difference      = $0.70

8 0
3 years ago
As societies become larger humans devised new cultural systems to ____
Aloiza [94]
<span>Group Cohesion This can be termed as a bond that pulls individuals toward enrollment in a specific gathering and opposes separation from that gathering.</span>
3 0
3 years ago
True or false: An EAP only contains information on what happens during an emergency.
uysha [10]
Pretty sure it’s false
5 0
3 years ago
Agnes and Buford went camping to celebrate their 50th wedding anniversary. While eating under the moonlit sky, Agnes and Buford
Alex17521 [72]

Answer:

The letter D. Assumption of the risk.

Explanation:

I believe the Best-of-the-Rest company is reliable for the quality of the products it produces and resells. Trading food is very dangerous because it needs a very close surveillance by the owner and supervision. A part of a mouse ear at the bottom of the can may have been overlooked in the packaging. Alternatively, it may have been posed by someone with bad intentions to undermine the company's credibility. Everything is possible.

5 0
3 years ago
Other questions:
  • Which one of the following methods of analysis is most appropriate to use when two investments are mutually exclusive?Internal r
    14·1 answer
  • _____ are examples of selling raw materials.
    6·2 answers
  • 1. Explain who the Lemon Law protects.
    7·1 answer
  • From the textbook material, when all activities of the value chain are conducted within the boundaries of the firm, the firm is
    5·1 answer
  • Besides band-aid kleenex and nike name atleast three other products that are trade marked
    13·1 answer
  • Why must corporate managers use multiple techniques of project evaluation? Which technique is most commonly used and why? Descri
    12·1 answer
  • Given the following information, what is the market value of XYZ Corporation?Common stock 13.6 million shares outstanding, selli
    7·1 answer
  • When Ford discovered the fault with its Pinto model that caused the car to explode easily when hit from the rear, what action sh
    11·1 answer
  • Input costs that require an outlay of money by the firm are called _______ costs while input costs that do not require an outlay
    6·1 answer
  • What is the purpose of Lincoln Douglas?<br><br> Tysm have a great day! :)
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!