Answer:
See below
Explanation:
Assets, Liabilities, and Equity form the basis for preparing the balance sheet. They make the accounting equation of Assets= Liabilities + Equity.
<u>Assets </u>are the valuables a business owns. They can be in the form of cash, money in the banks, financial instruments, properties, machines, or motor vehicles.
<u>Assets will be</u>
<u>Liabilities </u>are what the business owes to third parties and supplies. Liabilities are usually in the monetary form, such as loans, rent, and accounts payable.
<u>Liabilities</u>
<u>Equity</u> is the owner's contribution to the business. They include capital and retained earnings.
Equity
- retained owners
- personal investment earnings,
Answer
The answer and procedures of the exercise are attached in the following images.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 4 single sheets with the formulas indications.
Answer:
Saving money allows you to set more aside in an Emergency fund.
The person is called a hotel desk clerk
Answer:
Complementary goods Substitute goods
Explanation: