Answer:
The Firm's Total Liabilities is $450
Explanation:
Use the accounting equation to calculate the Total Liabilities
Total Assets = Total Equity + Total Liabilities
Now rearrange the accounting equation to make the required formula
Total Liabilities = Total Assets - Total Equity
Where
Total Assets = $500
Total Equity = $50
Placing values in the formula
Total Liabilities = $500 - $50
Total Liabilities = $450
Answer:
see below
Explanation:
Rent is an expense to the business. An increase in expenses is debited.
rent was paid by cheque. The transaction will reduce money held at the bank( asset) by Rs. 25,000. A reduction in assets is credited.
The journal entry will be
Rent A/c Dr. Rs. 25,000
Bank A/c Cr. Rs. 25,000
In evaluating companies across industries, financial managers will often read the independent auditor s report <span>as a means of interpreting the statements correctly. The correct option among all the options that are given in the question is the fourth option or option "d". I hope that this is the answer that has helped you.</span>
You might be talking about appellation, a legally defined geographical place or indication where wine grapes are grown. Almost all decent wines have appellation printed on their labels. Even wine blends must have respective appellations of wine grapes it is made from. Many wines sold in bulk, however, are blends of red or white wines from all around the world. Therefore, most bulk wines does not have appellation and that also makes them cheap..
The marginal benefit that gained by reducing pollution should be more than marginal cost used to reduce pollution.
Explanation:
In order to reduce the net cost for pollution reduction the marginal benefit should be more than marginal cost. If the marginal benefit is more than marginal cost then it will be good for the society . Marginal benefit reduces when there is increase in consumption , when the marginal cost is more than marginal benefit which means by consuming one extra unit the consumer is not getting the satisfaction.
