Answer:
The total amount of assets is 15,750.
Explanation:
Reproducing the trial balance below for clarity:
Account Title Debit Credit
Cash 12,500
Accounts Receivable 3,250
Accounts Payable 2,800
Common Stock 6,600
Retained Earnings 4,500
Service Revenue 7,450
Operating Expenses 5,100
Dividends 500
Total 21,350 21,350
Calculation of Total Assets:
Total assets = Cash + Accounts Receivable
= 12,500 + 3,250
= 15,750
Note that among the given accounts, accounts cash and accounts receivable are assets; accounts payable is a liability; common stock and retained earnings are part of the capital; service revenue is a form of revenue; while operating expenses and dividends are expenses.
Businesses can act ethically by being honest and fair
A balance sheet is an essential way to evaluate for a business. 2. Calculate Assets
Assets, money, investments and products the business owns that can be converted into cash: These are what put companies in the financial positive. A thriving company should have assets that are greater than the sum of its liabilities; this creates value in the company’s equity or stock, and opens up opportunities for financing.
It’s important to list your assets by their liquidity—the facility by which they can be turned into cash—starting with cash itself and moving into long-term investments at the end of the list. For the purpose of an annual balance sheet, you can separate your list between “Current Assets,” anything that can be converted into cash within a year or less, and “Fixed Assets,” long-term possessions that can be sold or that retain value down the line, minus depths and other things.
The Federal Information Security Management Act of 2002 is the guidance that identifies federal security controls.
<h3>What is the The Federal Information Security Management Act of 2002?</h3>
This is also known as the FISMA 2002. This guideline requires federal agencies to doe the following:
- To document
- To implement
- To develop
Agency programs nationwide that would help to support the operations of the agency.
Read more on federal agencies here:
brainly.com/question/8109105
Answer:
B. your demand for peanut butter increases today.
Explanation:
