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solmaris [256]
3 years ago
12

If your total assets arw $3,940 and your total liabilities are $1,232 what is your total net worth

Business
1 answer:
Alekssandra [29.7K]3 years ago
8 0
First yo must deduct the expenses(liabilities)in to your income so let's see your answer now::it will be $3,940-$1,232=$2708 is your answer
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owner withdrawals cause a(n) (increase/decrease) in owner's equity and are recorded directly in owner's (capital/withdrawal/equi
Alla [95]

Owner withdrawals cause a decrease in owner's equity and are recorded directly within the owner's withdrawal.

<h3>What is a withdrawal?</h3>

Withdrawals are variables in an economy that leak the circular flow of income and reduce the dimensions of national income. Withdrawals include savings, taxation, and imports.

To know more about withdrawal go to the given link:

brainly.com/question/2933232

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6 0
2 years ago
In its Department R, Recyclers, Inc., processes donated scrap cloth into towels for sale in local thrift shops. It sells the pro
HACTEHA [7]

Answer:

<em><u>Units to be accounted for:</u></em>

Beg WIP    300 units

started     2700 units

Total       3,000 units

<u>Equivalent units  </u>

                physical    materials  conversion

tranferred    2,850       2,850           2,850

ending             150           150     (20%)  30

total              3,000      2,700           2,880

<u>Cost to be accounted for:</u>

                 materials      conversion

beg WIP              0                576

incurred              0           10,800

Total                    0            11,376

<u>Equivalent unis cost</u>

materials zero

conversion: $11,376 / 2,880 = $3.95

Cost assigned for:

Transferred units

2,850 units x 3.95 = 11,257.5

ending work in process units

30 units x 3.95 = 118.5

Total cost to be assigned for 11,376

<em><u /></em>

<em><u>Notice:</u></em> Total cost to be asisgned for and assigned cost are the same.

Explanation:

1) We count the physical units

2) Then, we solve for the equivalent units which, under weighted average are:

transferred units + completion on ending work in process.

3) Now, we solve for equivalent unit cost:

for materials, this is zero are there is no cost associaed with.

4) Finally, we made the cost assignment which, should match the beginning WP cost and the incurred cost during the period.

8 0
3 years ago
What do we mean when we talk about the "milky way" in our sky?
vivado [14]

The milky way is a galaxy and got its name due to its attributes by looking like spilled milk across a pitch black sky. If this helped, plz mark as brainliest and good luck!

7 0
3 years ago
An unintended side effect that benefits or harms a third party not involved in the activity is:
Sauron [17]
The answer is : b. An externality

The example of an Externality is air pollution from Car emission

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8 0
3 years ago
Why do you think coins have been a more desirable form of money than paper currency throughout u.s history?
GrogVix [38]
Hello!!

The metal coins are/were made from is worth more tangibly than the paper that currency notes were written on.

Hope this helps! Thank you!!
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