1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xxMikexx [17]
3 years ago
8

Assume that the seller owes $80,000 on a loan for the land. After receiving the $298,000 cash in (a), the seller pays the $80,00

0 owed. What is the effect of the payment on the total amount of the seller's (1) assets, (2) liabilities, and (3) stockholders' equity? If there is no change, select 'No change' from the dropdown and then enter a "0" in the amount box. Consider only the payoff of the loan, without considering the sale of the land.
Business
1 answer:
geniusboy [140]3 years ago
5 0

Answer:

1.   - $   80,000

2.  -  $  80,000

3.  -   $     0      -   No effect

Explanation:

1. Assets  

 - <em>80,000</em>  ( pay loan ) -  decrease

2. Liabilities

 - 80,000 ( loan from <em>+</em><em> 80,000 </em> to  <em>0</em> ) - decrease

3. Stockholders Equity: no change, as there was not result ( profit/loss ) nor    shareholder contribution/withdrawal

 

You might be interested in
In the United States, personal success and professional achievement are important motivators, and promotions and increased earni
otez555 [7]

People are often motivated to achieved anything. In the United States, personal success and professional achievement are important motivators is a true statement.

  • The universalist assumption is based on the fact that the motivation process is universal and that all people are motivated to run after goals that they value.

Culture often affects specific content and goals, the specific nature of motivation is different in all cultures.  in China, group affiliation; goal, social harmony are motivations for pursuing goals.

Learn more from

brainly.com/question/13132465

4 0
3 years ago
What is quality control?
lilavasa [31]
Quality control is a system maintaining standards in manufacturing products by testing a sample of the output  against the specification. 

Quality control is used to meet or exceed customer requirements and is vital in the manufacturing part of businesses. 

Hope this helped :)
Have a great day   <span />
4 0
3 years ago
Which types of systems consolidate the relevant knowledge and experience in the firm to make it available to improve business pr
Lubov Fominskaja [6]

Answer: Knowledge Management System

Explanation: The Knowledge Management System refers to a system for the implementation and application of concepts of knowledge management.

These include market growth targets guided by results, a competitive market prototype, application of business analysis, and much more. A knowledge control system consists of various application modules which are managed by a separate functionality.

Most of these technologies, together with the access or exchange of electronic records, can enable data processing about consumer feedback and history. Such systems can help prepare and direct employees, bring better sales or assist business executives in making critical choices.

7 0
3 years ago
What impacts the growth of small business
In-s [12.5K]

Answer:

Variation in size, scope and buoyancy of demand in local markets is likely to affect growth opportunities. ... A business set up to exploit an identified market opportunity would be expected to have stronger growth orientation than one set up as a result of 'push' factors such as a lack of alternative opportunities.

8 0
3 years ago
Someone answer this question and give me the right answer please
ohaa [14]

As far as I remember the four stages or steps in production planning and control are:  

  1. Routing,
  2. Scheduling,
  3. Dispatching, and
  4. Follow-up.

to me, it seems to be part of the <u>scheduling </u>step.

Good luck on your exam

4 0
3 years ago
Other questions:
  • Who owns the alcoholic beverages of a private club answer?
    8·2 answers
  • Theresa gets her energy from solitude, prefers detail-oriented concrete projects, and bases her decisions on logical reasoning.
    5·1 answer
  • The higher the percentage of the active ingredient in a drug
    12·1 answer
  • The ledger of Beckett Rental Agency on March 31 of the current year includes the selected accounts below before adjusting entrie
    8·1 answer
  • If you've been a victim of identity theft, what should you do after contacting the company that reported the suspicious charge a
    6·1 answer
  • An IRA uses immediate annuities to pay out benefits; the IRA owner is nearly 75 years old when he decides to collect distributio
    6·1 answer
  • Determine whether each characteristic describes a general partnership (GP), limited liability company (LLC), both, or neither.
    15·1 answer
  • Research indicates that 25 percent of U.S. salespeople engaged in __________ selling consider it unethical to explicitly ask cus
    14·1 answer
  • What is morale? apparently the question was too short so this is filler
    15·1 answer
  • Most Company has an opportunity to invest in one of two new projects. Project Y requires a $310,000 investment for new machinery
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!