Answer:
There is a 1,500 gain
Explanation:
we have commercial subtance so we can recognize gain/loss
these will be the numebrs of the transaction:
truck
purchase 24,000
acc depreciation 17, 000
book value 7, 000
equipment 8,000
cash 500
total 8,500
received - given up = gain/loss
8,500 - 7,000 = 1,500 gain
the journal entry would be
Equipment 8,000 debit
cash 500 debit
acc dep truck 17,000 debit
Truck 24,000 credit
gain on disposal 1,500 credit
Answer:
$205,000
Explanation:
Let us assume Owners' equity at the beginning be X
So, the Increase in Owners' equity is $260,000 - X
As we know that
Accounting equation is
Total assets = Total liabilities + total stockholder equity
So,
Total Increase in Assets = Total Increase in Liabilities + Increase in Owners' equity
$134,000 = $79,000 + $260,000 - X
$134,000 = $339,000 - X
So, the X =
= $339,000 - $134,000
= $205,000
Determinants of long a firm should borrow money include are:
⇒the seasonal environment of the business
⇒the cost of inventory
⇒the cash flow forecast
The term "capital structure" describes how a company decides to finance its projects and assets through a combination of internal resources, debt, and equity.
To lower their risk of insolvency, remain effective, and ultimately maintain or become profitable, a company should determine the ideal debt to equity ratio.
The capital structure of a company is influenced by a wide range of variables, including leverage or trading on equity, company growth, the nature and scale of the business, the desire to maintain control, the flexibility of the capital structure, investor requirements, the price to float new securities, the timing of the issue, the corporate tax rate, and the legal requirements.
To learn more about Capital Structure here
brainly.com/question/15041466
#SPJ1
Answer
The demand for land will increase. and the price of land will increase.
