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3 years ago

Beginning balance of capital Rs. 40,000 and liabilities Rs. 10,000. Accounting equation

Business

1 answer:

mrs_skeptik [129]3 years ago

7 0

Answer:

Assets = Rs. 50,000

Explanation:

The accounting equation is expressed as below.

Assets= Liabilities + Owner’s Equity

If capital is Rs, 40,000 and liabilities, RS. 10,000, then assets will be

Assets = Rs. 40,000 + Rs, 10,000

Assets = Rs. 50,000

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Nolte Co. has 4,800,000 shares of common stock outstanding on December 31, 2012. An additional 200,000 shares are issued on Apri

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Answer:

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Explanation:

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3 years ago

A captive agent is a(n): Group of answer choices insurance agent who represents only one insurance company. federal insurance ag

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3 years ago

The Abrams, Bartle, and Creighton partnership began the process of liquidation with the following balance sheet:

abruzzese [7]

Answer and Explanation:

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4 years ago

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The correct answer is True

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4 years ago

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4 years ago

Beginning balance of capital Rs. 40,000 and liabilities Rs. 10,000. Accounting equation​

Beginning balance of capital Rs. 40,000 and liabilities Rs. 10,000. Accounting equation