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
BaLLatris [955]
3 years ago
10

On a balance sheet, a. total assets must equal total liabilities plus equity. b. total assets plus equity must equal total liabi

lities. c. total assets plus total liabilities must equal zero. d. total assets plus total liabilities plus equity must equal zero. Quizlet
Business
1 answer:
Elden [556K]3 years ago
4 0

Answer:

a. total assets must equal total liabilities plus equity.

Explanation:

Balance sheet: In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

The debit and credit side of the balance sheet should always be equal and balanced.  

Moreover, it always is prepared on the specified date.

You might be interested in
The Scrum Team should choose at least one high priority process improvement, identified during the Sprint Retrospective, and pla
crimeas [40]

Answer:

B-False

Explanation:

After the retrospective discussion all the improvement items discussed are placed in the Product Backlog. To ensure continuous improvement, the next sprint backlog ( & not the current one) should include at least one high priority process improvement which was identified in the previous Sprint Retrospective meeting.

8 0
3 years ago
What type of good is often provided by the government because it is hard to get people to voluntarily contribute their fair shar
gayaneshka [121]

Answer:

Option (D) is the right answer.

Explanation:

According to the scenario, the most appropriate answer is option (D) because public goods are given by the government and It can be used by everyone at a time and without any cost.

While the other options are incorrect because of the following reasons:

  • Private goods are not given by the government.
  • Club goods can be given by the government but at a cost.
  • Common resource goods are of government and can not be used by everyone.
  • Government goods can be used by the government only.
5 0
3 years ago
When retained earnings are not enough to meet their long-term funding needs, businesses may be able to raise funds by?
sergij07 [2.7K]

When retained earnings are not enough to meet their long-term funding needs, businesses may be able to raise funds by <u>selling common stock</u>. Long-term funding can be defined as any financial tool with maturity going beyond one year (such as bank loans, bonds, leasing and other forms of debt finance), and public and private equity instruments.

<h3>What is a retained earnings?</h3>

Retained earnings are the total of profit an establishment has left over after paying all its direct costs, indirect costs, income taxes and its dividends to shareholders.

Therefore, the correct answer is as given above

learn more about retained earnings: brainly.com/question/25631040

#SPJ1

8 0
1 year ago
Jacques deposited $1,900 into an account that earns 4% interest compounded semiannually. After t years, Jacques has $3,875.79 in
kupik [55]
A year has two semesters, then
n = 2<span>v(t)=p<span><span>(<span>1+<span>r/2</span></span>)</span><span>2t
</span></span></span><span>
3875.79 = 1900∗<span><span>(<span>1+(<span>0.04/2)</span></span>)^</span><span>2t
</span></span></span><span>
2.0398895 = <span><span>(<span>1+<span>0.042</span></span>)^</span><span>2t
</span></span></span>Apply natural logarithm on both sides

<span>ln(2.0398895) = ln<span>[<span><span>(<span>1+<span>0.042</span></span>)^</span><span>2t</span></span>]

Then simplify,
</span></span><span>0.712896 = 2t∗ln(1.02)

</span><span>t = <span>0.712896 / (<span>2∗ln(1.02))
</span></span></span><span><span>
t=18 years

I hope my answer helped you. Have a nice day!</span></span>
3 0
3 years ago
Read 2 more answers
Information related to Sheridan Company:
Vladimir [108]

Answer:

Oct 1.

Cash $19,900 (debit)

Common Stock $19,900 (credit)

Oct 3.

Office Furniture $2,100 (debit)

Trade Payable $2,100 (credit)

Oct 6.

Trade Receivable:  N. Fennig $3,250 (debit)

Revenue $3,250 (credit)

Oct 27.

Trade Payable $900 (debit)

Cash $900 (credit)

Oct 30.

Salary Expense : Administrative Assistant $2,650 (debit)

Cash $2,650 (credit)

Explanation:

In all non-cash entries remember to observe the <em>Accrual</em> or <em>Matching</em> Principle.Thus, transactions must be recorded when they accrue or incur not when they are paid.

7 0
3 years ago
Other questions:
  • You often find that employees choose a health care plan without carefully considering their options. In fact, sometimes employee
    8·1 answer
  • Apple has been working on what it believes is a revolutionary new technology. CEO Tim Cook is finally ready to showcase this tec
    8·1 answer
  • What should you do before giving contact information for your references to a potential employer? A. Notify references and get t
    15·2 answers
  • To discourage competitive entry, a company can price its new product low, using penetration pricing. This pricing strategy also
    10·1 answer
  • A summary of the time tickets for the current month follows:
    15·1 answer
  • Which of the following is an example of a financial market?
    8·1 answer
  • In the previous year, a firm failed to record premium amortization of $40,800 and $28,300, respectively, on its bonds payable an
    14·1 answer
  • What does a management accountant need to do before he or she can take
    5·1 answer
  • Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the followin
    7·1 answer
  • Which of the following will cause an increase in Supply for the Short-Run Macroeconomic model?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!