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Ksivusya [100]
3 years ago
10

For each transaction recorded in an accounting system, the basic equation that must be maintained at all times is: Revenues = Ex

penses + Dividends. Assets = Liabilities. Cash Increases = Cash Decreases. Assets = Liabilities + Stockholders' Equity.
Business
1 answer:
spayn [35]3 years ago
7 0

Answer: Assets = Liabilities + Stockholders Equity.

 

Explanation: Assets refers to the resources owned by a firm for operating its business. Equity refers to the amount of fund invested in the business by the shareholders and liabilities are the obligations of the business.

Thus, it is assumed that every asset that an organisation owns is either purchased by the funds that belongs to the shareholders or on credit by taking liabilities into account.

Hence, from the above we can conclude that ,Assets = Liabilities + Stockholders Equity, correctly depicts the accounting equation.

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What can we learn from the employment data? Assume Country X has the following statistics: Total relevant population = 50,000,00
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Answer:

Country x

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the loss of producer surplus associated with some sellers dropping out of the market as a result of the tax is
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$60

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According to information on your question. We are to note that an absence or reduction of suppliers could lead to lower supply.

As in this case, the producer supply loss of $60 was incurred as some sellers dropped out of the market as a result of the tax.

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