How much is the amount of total total liabilities

Assignment Help Financial Accounting
Reference no: EM132911102

Problem 1: The owner's equity of BSA Company is ?90,000 representing 30% of the total assets. How much is the amount of total its total liabilities?

a. ?300,000
b. ?200,000
c. ?210,000
d. ?120,000

Reference no: EM132911102

Questions Cloud

Assignment on gap analysis : Complete the gap analysis below to determine where shortages will occur in the next year. Use the year end totals that you calculated in 2c, and the current wor
Vrin analysis and explain your rationales and findings : Compare their market values and book values. What are some implications of these differences
Naive bayes and bayesian networks : What is the relationship between Naive Bayes and Bayesian networks?
Describe the impact of the organizational performance : The objective of this part is for you to analyze critically your research company.Therefore, you should describe, at least 3, organizational issue that your res
How much is the amount of total total liabilities : The owner's equity of BSA Company is ?90,000 representing 30% of the total assets. How much is the amount of total its total liabilities?
Should our criminal justice system be more punitive : 1. Should our criminal justice system be more punitive or rehabilitative? Why? Is it possible for a system to be both punitive and rehabilitative? What would yo
What is operant and classical conditioning : What is operant and classical conditioning? What is the differences and similarities between the two? How this relates to cognitive factors in learning such as
Compare artificial and biological neural networks : Compare artificial and biological neural networks. What aspects of biological networks are not mimicked by artificial ones? What aspects are similar?
Elaborate each section with actual policy content : Elaborate each section with actual policy content and requirements. You should have atleast 5 different sections in your policy

Reviews

Write a Review

Financial Accounting Questions & Answers

  What potential or actual abuse was congress attempting

What potential or actual abuse was Congress attempting to curtail? Has Congress been successful in light of the fact that any suspended losses are ultimately allowed to be recognized upon the disposition of a passive activity?

  What amount of interest will sanders pay in year

What amount of interest will Sanders pay in Year1 under option 1 and under option 2? (Round your final answers to the nearest dollar amount.)

  The market price of the stock

On September 1, Ziegler Corporation had 56,000 shares of $5 par value common stock, and $168,000 of retained earnings. On that date, when the market price of the stock is $15 per share,

  Calculate the net cash flows from operating activities

Calculate the net cash flows from operating activities. Show your work. Calculate the net cash flows from investing activities. Show your work

  Explain the causes of discrepancies for the situation

Explain the causes of discrepancies for this situation with a specific example for each cause? Preparing the bank reconciliation is considered

  Calculate the straight-line premium amortization

Hillside issues $1,900,000 of 5%, 15-year bonds dated January 1, 2013, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $2,325,594. Prepare the January 1, 2013, journal entry to record the bonds’ issuance...

  Estimating a cost for financial accounting systems

Is managerial accounting more than just estimating a cost for the financial accounting systems of a firm?

  Record the necessary entries in journal entry worksheet

Record the necessary entries in the Journal Entry Worksheet below for FirstBanc Corp.On August 1, 2021, Trico Technologies, an aeronautic electronics company.

  Prepare the schedule that identifies the maturity value

Prepare the schedule that identifies the following items for each bond: (1) maturity value, (2) number of interest periods over life of bond

  Concert to make business function more effectively

What are the components of an AIS and how do they work in concert to make business function more effectively?

  What is the amortization expense for the year ended

Berry Co. purchases a patent on January 1, 2018, for $37,000 and the patent has an expected useful life of five years with no residual value. Assuming Berry Co. uses the straight-line method, what is the amortization expense for the year ended Decemb..

  Disclaimer of opinion on the entitys financial statements

Under which of the following circumstances would a disclaimer of opinion on the entity's financial statements not be appropriate?

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