The total of the assets in a balance sheet is equal to the summation of the owners' equity capital and the total liabilities of the firm.
<h3>What is a balance sheet?</h3>
Balance sheet is the financial statement of an organization that gives the details about the financial position of the company at the end of the financial period.
In the above case, the total of the assets is $50000 and the total of the equities and liabilities tallies the amount of assets. An image for the same has been attached for better reference.
Thus, the equation of the balance sheet holds true in the case of ABC Rentals.
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Explanation:
Negative implications of the Pygmalion Effect: Unjustified expectations end up becoming real. ... Secondary teachers have lower expectations to colored students and students from poor and disadvantaged backgrounds.
In a high-work system, a firm's technology, organizational structure, people, and processes work together seamlessly. This results in the firm having an advantage in the competitive environment performance.
The definition of technology is the software of scientific information for practical functions or packages. Era makes use of medical concepts and applies them to exchange the environment in which people stay. Technology can also use clinical concepts to advance industry or different human buildings.
Information technology is critical in our lives as it enables us to address ordinary dynamic matters. Technology offers numerous tools to enhance improvement and exchange statistics. Both these things are the goal of IT to make obligations simpler and to clear up many issues.
Technology is the way we practice medical understanding for sensible functions. It includes machines (like computer systems) but also strategies and approaches (just like the manner we produce computer chips). It'd look like all era is most effective electronic, however that is simply maximum cutting-edge technology.
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Answer:
$3.55; $3.13
Explanation:
Calculation to determine what The unit production costs for July are:
Using this formula
Unit product cost = (Beginning work in progress + Cost added) / Number of units
MATERIALS
Unit product cost=($8000+$63,000) / 20,000 units
Unit product cost=$71,000/20,000
Unit product cost=$3.55
CONVERSION
Unit product cost = ($3750+$52500) / 18,000
Unit product cost=$56,250/18,000
Unit product cost=$3.125
Unit product cost=$3.13 (Approximately)
Therefore The unit production costs for July are:$3.55; $3.13
