Answer:
Assets= Liabilities + Owner's Equity
Part B: No, all companies do not have the same accounts. The accounts depend on the types of business they are doing. For example a tailoring company would own tailoring machines. A washing company would own washing machines etc. However the accounting equation remains the same. Assets= Liabilities + Owner;s Equity. The assets accounts are included in assets and liabilities and Owner's Equity accounts are inluded in liabilities and owner's equity section.
Explanation:
Holt Food Supplies, Incorporated (HFSI)
Assets
Cash
Supplies
Trucks
Computers
Office Furniture
Land
Building
Liabilities
<em>Short term Liabilities </em>
Accounts Payable
Utilities Payable
<em>Long Term Liabilities </em>
Notes Payable
<em>Stockholder's Equity</em>
Dividends
Common Stock
Retained Earnings(+ Net profit )*
Rent Revenue
Service Revenue
Operating Expenses
utilities Expense
salaries expense
supplies expense
interest expense
The above accounts are included in the balance sheet which is given by the equation
Assets= Liabilities + Retained Earnings
The net profit is calculated from the income statement in which the revenues are added and expenses are subtracted from them to get the net profit. That profit is added to the retained earnings of the balance sheet.
Net Profit = Revenue - Expenses
Answer:
Number of loads and distance the load move between the work centers.
Explanation:
A process oriented layout is a method employed by manufacturing companies. It is utilized by companies that manufacture their products in large quantities.
This method is use to organise the work stations on the basis of the different activities carried out by the workers in each station.
The advantages of process oriented layout method include:
- It does not involve a high rate of investment.
- It allows for proper supervision of workers.
- There is room for continous production.
- The equipments in the production process are fully utilized.
The indifference curve will be mostly like Horizontal lines because
the y-axis is the one who is increasing and the x-axis is the one decreasing so
in my assumptions it will be horizontal. The indifference curve is the curve on
the graph that represent two commodities to know the satisfaction of the buyer.
Thousands of developers, lenders, and investors were victims of deflation in commercial real estate beginning in the 1980s and in 2007-2009.
- Private property in the form of land and buildings is referred to as real estate. Real estate comprises all resources on the land, such as water and minerals, and can be used for residential, commercial, or industrial purposes.
- Homes, workplaces, retail establishments, healthcare facilities, farms, and other structures are all instances of real estate. Real estate includes both the undeveloped area outside of our city and the road that takes us there. Due to the fact that the asset is tangible by nature, many individuals like working with and investing in it.
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