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Pavel [41]
2 years ago
11

Accounting equation table with assets and owners equity​

Law
1 answer:
EleoNora [17]2 years ago
5 0

Answer:

The accounting equation is a basic principle of accounting and a fundamental element of the balance sheet. The equation is as follows:

Assets = Liabilities + Shareholder’s Equity

This equation sets the foundation of double-entry accounting and highlights the structure of the balance sheet. Double-entry accounting is a system where every transaction affects both sides of the accounting equation. For every change to an asset account, there must be an equal change to a related liability or shareholder’s equity account. It is important to keep the accounting equation in mind when performing journal entries.

The balance sheet is broken down into three major sections and their various underlying items: Assets, Liabilities, and Shareholder’s Equity.

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Answer:

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Explanation:

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3 years ago
Which of the following statements would you place in the section labeled “F”?
Yuri [45]

There are various types of assertions. Conflicts and political struggles between the federal and local administrations are well-known to take active steps.

  1. The harmful effects of a federation are represented by the space designated F.
  2. A federation's drawback is the possibility of power struggles and conflicts between the national and local administrations.

What form of governance frequently coordinates efforts between the federal and local levels?

  • A central government and several regional governments frequently share power in a system of government known as federalism.
  • In the United States, both the federal government and the state governments share a great deal of sovereignty and occasionally engage in power struggles.

Learn more about federation here:

brainly.com/question/1951874

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2 years ago
George owns 300 shares of preferred stock in a company. By owning preferred stock, George has:
Temka [501]

Answer:

Trey owns 250 shares of common stock in a toy-store company. This means that he owns a percentage of the company based on the proportion of shares he owns out of the total shares issued by the company. With this ownership he also acquires rights to: vote. George owns 300 shares of preferred stock in a company.

Explanation:

4 0
3 years ago
Which court decision protected students’ rights to free speech as early as 1969?
galben [10]

On February 24, 1969, the Supreme Court ruled in Tinker v. Des Moines Independent Community School District that students at school retain their First Amendment right to free speech. The story of this landmark case begins four years prior, during the early wave of protests against the Vietnam War.

7 0
3 years ago
The President can make a short term agreement with another country that lasts for the duration of his presidency without any app
Olenka [21]

Answer:

executive agreement

Explanation:

sa tingin ko lang po

3 0
3 years ago
Read 2 more answers
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