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Vitek1552 [10]
2 years ago
10

started with total assets of and total liabilities of . At the end of ​, total assets stood at and total liabilities were . Requ

irements 1. Did the​ stockholders' equity of increase or decrease during ​? By how​ much? 2. Identify the four possible reasons that​ stockholders' equity can change. Requirement 1. Did the​ stockholders' equity of increase or decrease during ​? By how​ much? ​(Enter a decrease with a minus sign or​ parentheses.) Change in stockholders' equity during the year is
Business
1 answer:
dedylja [7]2 years ago
7 0

Answer:

1. Assets = Equity + Liability

Equity = Assets - Liability

Opening Equity = 14,000 - 9,000

= $5,000

Closing Equity = 19,000 - 11,000

= $8,000

Increase ( Decrease) = 8,000 - 5,000

= Increased by $3,000

2. Four ways Equity can change.

  • Equity will increase if Common Stock is issued
  • Equity will increase if the company makes a profit ( Net Income ) as this will go to the Equity account as Retained earnings
  • Equity will decrease if the company pays Dividends as those are paid from retained earnings
  • Equity will decrease if there is a net loss.
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If the country therefore borrows internationally in foreign currencies whilst lending in domestic currency, the sudden stop will be difficult to navigate because it will impair the country's ability to pay off the international creditors it has because it will not have enough of the required foreign currency to pay them.

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pharoah company purchased 200 of the 1000 outstanding shares of sheridan company's common stock for $520000 on january 2, 2021
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The equity investment ( sheridan )account on December 31, 2021 is $5,20,000

As per the fair value technique, equity Investments must be stated at the fair value of the funding at the date of reporting. In this situation there is no fair value, therefore fairness Investments ought to be mentioned at buy charge.

A fair fee is an anticipated charge at which an asset is offered or offered when both the client and seller freely agree on a fee. People and corporations may additionally compare modern-day marketplace value, growth ability, and replacement value to determine the fair price of an asset.

An equity investment is a cash that is invested in an organization by means of buying shares of that organization within the stock market. those shares are generally traded on a stock exchange.

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- pay bills from your computer

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Explanation:

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