Answer:
Total current liabilities 85.008,33
Explanation:
current liabilities: obligations that will setlte within a one-year period
<em />
<em>accounts payable</em> from the purchase of equipment:
cost: 176,500
paid: <u> (125,900) </u>
balance: 50,600
<em />
<em>waranty liaiblity:</em>
191,000 x 5% = 9,550
<em>sales tax payable:</em>
sales for 191,000
paid for <u> (141,000) </u>
unpaid for 50,000 x 6% = 3,000
<em>note payable</em> with a local bank:
principal: 21,500
accrued interest: 21,500 x 5% x 1/3 = 358,33
net: 21,858.33
<u>Total current liabilities:</u>
accounts payables 50,600
warrant liability: 9,550
sales tax payable: 3,000
note payable: <u> 21,858.33 </u>
85.008,33
Drag your mouse across the image
Answer: (A) Equity
Explanation:
The equity is the term which refers to the concept of fairness in the economics concept as they providing the various types of economic benefits regarding the taxation and also the welfare of the economics.
The equity is basically relating to the fairness in terms of opportunity, various types of services and income and that are distributed between the various types of groups in the society.
In an organization, the equity is one of the type of investor that share all the investing shares of the company and then it distributed fairy.
Therefore, Option (A) is correct answer.
