Find the amount of total assets at the end of the year

Assignment Help Financial Management
Reference no: EM132331364

Question

Following is an extract of account balances of Aztec Moving Services as of December 31, after the first year of operation.

Accounts Receivable $6,000

Accounts Payable 4,000

Salaries Expense 5,000

Repairs Expense 500

Truck 11,000

Equipment 11,000

Notes Payable 8,500

Cash 7,300

Supplies Expense 1,500

Service Revenue 29,000

Gasoline Expense 2,900

Salaries Payable 200

What is the amount of total assets at the end of the year?

Reference no: EM132331364

Questions Cloud

Example of lean manufacturing : Provide a real world example of Lean Manufacturing and support your opinion with a relevant example or reinforce your position(s) with applicable reference cite
Organizational design and organizational alignment : The larger issue of organizational performance is about "organizational design" and "organizational alignment".
Developing an imc in an international setting : Which aspect of the Kliatchko model (see "Revisiting the IMC Construct") is of most concern in developing an IMC in an international setting? Why?
Analysis and elements of amazon value chain : In analyzing Amazon, 2016 you should utilize the analysis and elements of Amazon's value chain. Utilize elements from the course including
Find the amount of total assets at the end of the year : Following is an extract of account balances of Aztec Moving Services as of December 31, after the first year of operation.Repairs Expense 500
Explain the four transformational factors : Explain the four transformational factors associated with the transformational leadership model.
Describe the application of person-centered therapy : The goal of this discussion is to practice the application of person-centered therapy by describing how you would apply person-centered principles.
Current practices for wasteland and habitat reclamation : What are the current practices for wasteland and habitat reclamation? Discuss how these practices are related to new technology, ecological principles,
Explain the principles of gestalt in detail : The goal of this discussion is to practice the application of dealing with unfinished business using the principles of Gestalt. (Foundational Knowledge).

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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