Anthony was employed as a forklift operator for Blackburn Construction Company. While on the job, he operated the forklift in a
1 answer:
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Answer:
The correct answer is 5.
Explanation:
Faruq's income is $100. The price of tacos is $10. The price of milkshakes is $2.
If Faruq spends all his income on tacos he will be able to purchase
=
= 10 tacos
If Faruq spends all his income on milkshakes he will be able to purchase
=
= 50 milkshakes
So out of his total income he can either have 50 milkshakes or 10 tacos.
The opportunity cost of a taco will be
=
=
= 5
The effect of each transaction on the accounting equation is to be shown in the attachment below.
The following information should be considered:
- In the accounting equation, the total assets should be equivalent to the total liabilities & the shareholder equity.
- It determined the financial position, performance of the company.
- It is known as the presentation of the balance sheet.
In this way, the accounting equation should be prepared.
Learn more: brainly.com/question/14689492
