Calculate the total assets

Assignment Help Accounting Basics
Reference no: EM133172551

Question - XYZ LTD had the following items for the current year. Use the below information from the trial balance to calculate

 

$

Cash at bank 

55500

Mortgage

26300

Accounts Payable

13400

Unearned Revenue

28700

Prepaid Rent

8500

Rent Payable

11500

Sales

56200

Inventory

6400

Accounts Receivable

18600

Office equipment

12800

Bank Loan

13200

Motor vehicles

57700

Rent expense

58400

Wage expense

52100

Required - Calculate the total Assets?

Reference no: EM133172551

Questions Cloud

Describe the rightfulness of boss actions : Question 1: A senior manager of XYZ Limited defrauded the organization of approximately $20 million. It was discovered that he used the money to build and furni
Critical aspects of consumer behaviour : Imagine you bump into two of your aspirational figures (dead or alive) in the elevator. You have the opportunity to ask them five questions in total.
Contractual trust-communication trust-competence trust : Contractual trust, Communication trust, and Competence trust. Which of these best aligns with your idea of trust? Does context matter?
What must the registered land agent have in place : (b) What must the Registered Land Agent have in place for employees who handle trust money?
Calculate the total assets : XYZ LTD had the following items for the current year. Use the below information from the trial balance to calculate the total Assets
Will supply curves have the same shape in all markets : Will supply curves have the same shape in all markets? If not, how will they differ? Please answer the question/requirement above.
What was the cost of goods manufactured during the month : There were $150,000 of partially finished goods remaining in work in process inventory at the end of the month. What was the cost of goods manufactured
The stagecoach scandal : Henry Wells and William G. Fargo structured a joint-stock company, Wells, Fargo & Company, on March 18, 1852, to provide express banking services to California
Challenges on management consulting profession : With reference to ISO 20700 (2017) and other insight / perspectives discuss the challenges around quality assurance in management consulting and the implication

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd