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lisov135 [29]
1 year ago
15

If total assets are $75000 and total liabilities are $25000 the amount of owner's equity is $25000

Business
2 answers:
zhuklara [117]1 year ago
7 0

Answer:

B.False

75000 - 25000 will = 50000 witch is double then 25000

kumpel [21]1 year ago
7 0

Answer:

B false

Explanation:

75000-25000 =50000 then will be double 25000

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<span>This is known as a job description. A job description informs potential employees about the duties and responsibilities they will have if hired. The job description also tells potential employees about the position's working conditions and qualifications required and other specifications.</span>
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3 years ago
Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. Microeconomics
tatuchka [14]

Answer and Explanation:

Economy is divided into two main fields: <em>Microeconomics and Macroeconomics</em>. Microeconomics studies the decisions of individuals and businesses while Macroeconomics is in charge of analyzing the economy as a whole including decisions made by governments and their countries. Thus:

A) <em>The effect of government regulation on a monopolist's production decisions (Macroeconomics). </em>

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8 0
2 years ago
Provide realistic examples of each of the risk response strategies for both negative and positive risks
VLD [36.1K]
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An example of a positive risk is when you are given a project in class and you are to finish it in four months. Being a hardworking person that you are, you wanted to finish it in one month and so you find methods to compress your time schedule and achieve your goal.

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2 years ago
1. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipmen
Gnoma [55]

Answer:

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Accumulated depreciation (Credit) $4,200

2.Bad Debt expense (Dr.) $6,900

Accounts Receivables (Cr.) $6,900

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Notes Payable (Cr.) $1,200

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Cash (Cr.) $14,200

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Depreciation expense is considered as a tax shield. The larger the depreciation expense, the lower will be the taxable income. The adjusting entries are required before trial balance is created. There are few transaction that occur after the initial recording of the transactions. These transaction needs to be adjusted before the financial statements preparation.

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