User Account

All Pages

Calculate the total liabilities and total equity

Assignment Help Accounting Basics
Reference no: EM133155691

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 Liabilities and total Equity?

Reference no: EM133155691

Questions Cloud

Health education or possibly incentive programs : You need to look at health education or possibly incentive programs for employees to improve their food choices and overall fitness.
Entering the international marketplace : A. When entering the international marketplace, it is important to critically review and assess if the potential destination is suitable for your product or ser
Assess importance of establishing safety accountability : Assess the importance of establishing safety accountability measures for managers, employees, and safety professionals,
Does bulldog inc have economic nexus : For income tax purposes, does Bulldog, Inc. have economic nexus in the state of New Jersey and the state of West Virginia
Calculate the total liabilities and total equity : XYZ LTD had following items for the current year. Use the below information from the trial balance to calculate - Calculate total Liabilities and total Equity
Explain Wilderness Act : Explain the Wilderness Act - when it was passed, its basic principles, and the intent of Congress in passing it.
What would be the impact on the profit : If the adjusting entry was not recorded at end of the accounting period, 30 June 20XX, what would be the impact on the profit, and assets Profit overstated
Moment unstable and unpredictable : 2. Write a short reflection of the article relating to my discussion on the overview of strategic management. (5 to 10 sentences)
Needs of the latin american culture : A description of how substance use disorder family-centered therapy can be adapted to meet the needs of the Latin American Culture

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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